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$ 725,000
Est. payment | /mo
8,550 SqFt
$ 725,000
Est. payment | /mo
8,550 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 8,550 sqft
Price per Sqft $84
MLS Listing ID 12634737
Year Built 1928
Annual Tax Amount $11,309
Tax Year 2024
Lot Dimensions 50X125
Property Sub-Type Mixed Use
Property Description
This mixed-use building includes 5 units in total, with two retail spaces on the bottom floor and 3 residential units on the upper floor. The two retail units can be separated, but have been occupied by a single bakery tenant since 1986. The property is zoned B1-1, and the retail units feature black iron, a partial basement, ample storage space, and high foot traffic that bodes well for a thriving retail business. The property includes 3 residential units above the retail space, all of which are 2-bedroom 1-bath units. In the rear of the property, there are a total of 3 parking spaces, consisting of 1 garage spot and two pad parking spaces. With all leases being month-to-month and below market rate, this presents an excellent opportunity for any value-add investor or owner/user to add a cash-flowing property to their portfolio.
Location
State IL
County Cook
Area Chi - Belmont Cragin
Interior
Cooling Central Air, Window Unit(s)
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
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Listed by Angelo Labriola of Sperry Van Ness
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