$1,565,000
$1,700,000
7.9%For more information regarding the value of a property, please contact us for a free consultation.
9,300 SqFt
SOLD DATE : 06/03/2022
Key Details
Sold Price $1,565,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 9,300 sqft
Price per Sqft $168
MLS Listing ID 11189961
Sold Date 06/03/22
Year Built 1928
Annual Tax Amount $20,138
Tax Year 2020
Lot Dimensions 50 X 150
Property Sub-Type Mixed Use
Property Description
Excellent investment opportunity in the heart of Edgewater. A block from Thorndale Beach & Park. Great location. Building consists of 5 stores and 2 = one bedroom apartment. Fully occupied with long term tenants, Excellent current income of $126,000 with potential increase by 3% every year per lease. Tenants pay all utilities including water. several updates, All have individual heating and cooling, newer roof, newer copper pipes plumbing and electrical throughout. Please DO NOT DISTURB the tenants. See Survey and floor plans under Additional information on MLS. Thank you
Location
State IL
County Cook
Area Chi - Edgewater
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 2
Structure Type Brick
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Bought with Mehdi Mova • Compass
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