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Listed by Nilka Cintronof Chicagoland Brokers, Inc.
$ 270,000
Est. payment | /mo
3,380 SqFt
$ 270,000
Est. payment | /mo
3,380 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,380 sqft
Price per Sqft $79
MLS Listing ID 12528512
Year Built 1930
Annual Tax Amount $4,540
Tax Year 2024
Lot Dimensions 26X125
Property Sub-Type Mixed Use
Property Description
Major Capital Improvements - Brand new HVAC system installed - Commercial-grade flood prevention system including check valve, backflow prevention, sump pump, and discharge system to city line, system designed for high-risk mitigation with 3-year warranty General Description: Well-maintained, cash-flowing mixed-use property delivering consistent monthly income with minimal operational friction. This asset combines a stable commercial storefront, a spacious residential unit, and multiple additional income streams. Property Highlights:Storefront Unit - Established commercial tenant with access to a finished basement, currently used as office space with an additional bathroom. 3-Bedroom Apartment - Large unit with an extended master suite and bonus room, ideal for office, study, or flexible use. Commercial Laundry Income - On-site coin-operated laundry (2 dryers, 1 washer) providing additional revenue. Parking Income Potential - 4 total spaces (2 garage + 2 exterior), typically rented at $200/month. Investor Special - Turnkey investment property in Chicago's 60629 zip, delivering consistent monthly cash flow with no repairs needed. This mixed-use asset features a ground-level commercial storefront, a spacious 3-bedroom residential unit with an additional master suite extension ideal for an office or study, and income-generating common areas. Property Highlights: Storefront Unit - Stable commercial tenant with access to a finished basement, currently used as office space with an additional bathroom. 3-Bedroom Apartment - Includes an extended master suite with a bonus room perfect for an office or study. Commercial Laundry Area - Features 2 coin-operated dryer and 1 standard washers for added income potential. 4 Parking Spaces - Includes a 2-car garage plus 2 uncovered off-street parking spots. This is a perfect opportunity for investors seeking strong returns in a well-performing rental corridor. Zoned for flexibility and well maintained by current owner.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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