Investors, Developers, Owner Operators... Incredible opportunity in a super hot location! This 2-story mixed-use building spanning 2 city lots features over 4,300sq ft of garage space on the first floor, currently used as an auto body shop. Imagine all the possibilities with this space! The second floor includes a 3-bedroom, 1-bathroom apartment with in-unit laundry. The basement provides an additional 1,000 sq ft of storage. Situated on a prime corner lot, the property includes convenient and private alley access with plenty of extra parking. Highly visible and well-located, this property offers great potential for various businesses, a new mixed use development in a great neighborhood, or an auto body shop as it currently exists. (Business not part of the offering, but can be sold separately). Zoned B1-1. Similar building, 2541 N Cicero, across Deming, can be purchase separately or as a package with this offering.
Investors, Developers, Owner Operators... Incredible opportunity in a super hot location! This 2-story mixed-use building spanning 3 city lots features a large commercial office and over 3,600sq ft of garage space on the first floor, currently used as an auto body shop. Imagine all the possibilities with this space! The second floor includes a 2-bedroom, 1-bathroom apartment with in-unit laundry. The basement provides an additional 1,100 sq ft of storage. Situated on a prime corner lot, the property includes convenient and private alley access with plenty of extra parking. Highly visible and well-located, this property offers great potential for various businesses, a new mixed use development in a great neighborhood, or an auto body shop as it currently exists. (Business not part of the offering, but can be sold separately). Zoned B1-1. Similar building, 2539 N Cicero, across Deming, can be purchase separately or as a package with this offering.
Top floor is now leased until May 2025 for $1,100/mo. 1st floor can be vacant with 2 weeks notice, currently pay $1,500/mo. Nice new rehab on a 3,100 SF two-story building plus full basement. First floor is set up for commercial use and second floor is an apartment. Great zoning C2-1 retail shopping centers. Allows more business types than B1 districts, including liquor stores, warehouses, and auto shops.
Great location. PROPERTY CAN NOT BE USED AS AN EVENT SPACE! The property can be used for community shopping and service. The property is zoned B3-1. You are allowed to build up. Very busy street with tons of local business. Heating unit is one year old. Ready for use. PROPERTY IS IN BUILDING COURT VIOLATIONS IN ADDITIONAL. Agents please due your due diligences for your clients. Permits and plans are approved!
ATTENTION INVESTORS/BUSINESS OWNERS. WELCOME TO THIS FULLY REMODELED MIXED USE BRICK BUILDING IN THE HEART OF THE BELMONT CRAGIN NEIGHBORHOOD. THIS BEAUTY CONSISTS OF 3BED 1BATH IN THE 2ND FLOOR WITH SEPARATE LIVING & DINIG ROOMS, FULL FINISHED BASEMENT WITH 2BED 1BATH. IN UNIT W/D FOR BOTH UNITS. 1ST FLOOR (STORE FRONT) IS A VERY SPACIOUS WITH POSSIBILITY OF AN OFFICE/STORE OR RESTAURANT. A 2 1/2 CAR GARAGE, WITH 4 CAR EXTERIOR PARKING . CENTRAL AC THROUGHOUT. UPDATED PLUMBING WITH SUM-PUMP, AND ELECTRICITY. MAKE THIS YOUR WORK LIVING SPACE, AND OR RENTAL INCOME BUSINESS.
This exceptionally located 8-unit brick building in the Belmont Cragin neighborhood of Chicago is perfect for a local investor. There are 4 beautifully renovated units collecting $1295 per month and feature with stainless appliances, updated cabinets, new flooring, updated bathrooms with new tile and vanities, and more. There are 4 older units in various condition with longer-term tenants that currently pay $1150-1200. The building is on a boiler with two hot water tanks, window a/c for the tenants, has coin laundry in the basement, and a 4-car garage. Two units have parking included, and two spots are rented for $200 to an outside renter. This building is a great investment for someone who wants to gradually do some value-add work and increase their income. Lot size estimated at 49x125. Broker interest.
Investment opportunity to own an all brick 6 Unit Mixed-Use building in Chicago's Belmont-Cragin neighborhood. This property features 4 - 2bd/1ba units, 1 - 1bd/1ba unit, and a local bar on the main level. The 3 rear residential units have been completely gut rehabbed in 2015 and are condo quality including hardwood floors, stainless steel appliances, and granite counters. The 2 front residential units had some updates. All 6 units have their individual HVAC and the 2 rear units have their individual hot water heaters. The roof was updated in 2015. The current rent is WELL BELOW market value and are all month to month. (With the market value, the Total Annual Income before expenses should be around $90,000 off rent alone). Additional income from coin laundry. Explore the possibilities of being a Chicago commercial property owner.
This mixed used property in Humboldt Park is a great investment opportunity. This mixed used property retail space is currently occupied by a beauty supply store. The property's prime location in one of Chicago's most vibrant neighborhoods, busy area with diverse range of amenities, restaurants and more.
3 Story Corner Mixed Use Use Building For Sale First floor is storefront leased out to tenant who will be moving out at closing time 2 Residential apartments on second floor and third floor Each is 2 Bedrooms with Closets, 1 Full Tiled Bathroom, Laundry in unit , Kitchens with Granite Countertops, Stainless Steel Appliances: Stove, Refrigerator, Microwave, Dishwasher, Plenty of cabinet space, Open Space Living room with Dining room , Living room with Floor to ceiling windows and great neighborhood views, Hardwood Flooring, Central Heat and Air Semifinished Basement The Enclosed Back Yard boasts as an entertainment haven with built in Kitchen and Grilling Fire pit area, separate grassy area Detached 2 Car Garage Located on busy highly visible Fullerton Ave, Steps to CTA Bus, neighborhood shops restaurants Property is in overall great shape, turnkey property make it yours! Great Investment opportunity Selling property AS -IS All showings are by appointment This is a tenant occupied building and atleast 24-48 Hours Notice is required. Sorry for the inconvenience All information is approximate, Please do Due Diligence
Huge brick commercial building with a 3 bedroom apartment, all ceramic flooring separate dining room sunroom office space, and a large private patio. The 2nd floor has new central heating and air conditioning. Finished basement with 1 1/2 baths and lots of storage property. Is ready for your business adventure, and currently is used as a bakery. Business equipment is included in the price. (Business name is not for sale.) SOLD AS IS CONDITION. HUGE REDUCTION ON PRICE.
Investment opportunity -- 10.5% cap rate -- in North Austin provides reliable monthly income from two 3-bedroom apartments on Housing Choice Vouchers plus seller is operator of successful ground-level sandwich shop who would like a sale-leaseback. Separate HVAC setup, including individual central air. Apartments rent for $1,600 each plus all utilities except water. Ground-level space rents for $1,000 but business and LLC that owns building is controlled by same person. Expenses do not include costs of restaurant operation as they are now paid by owner and would continue to be under sale-leaseback. Full basement. Frontage benefits from 23,100 cars per day per IDOT. Roof replaced two years ago. Brick building at less than $77 per sf! Building should produce 7.6% cash-on-cash return (based on 25% down, 8.5% interest, 25-year amortization).
The median home value in Chicago, IL is $223,000. This is higher than the county median home value of $214,400. The national median home value is $219,700. The average price of homes sold in Chicago, IL is $223,000. Approximately 38.87% of Chicago homes are owned, compared to 48.34% rented, while 12.79% are vacant. Chicago real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Chicago real estate agent to arrange a tour today!
Chicago, Illinois 60639 has a population of 2,722,586. Chicago 60639 is less family-centric than the surrounding county with 25.68% of the households containing married families with children. The county average for households married with children is 30.49%.
The median household income in Chicago, Illinois 60639 is $52,497. The median household income for the surrounding county is $59,426 compared to the national median of $57,652. The median age of people living in Chicago 60639 is 34.1 years.
The average high temperature in July is 84.3 degrees, with an average low temperature in January of 19.5 degrees. The average rainfall is approximately 38.2 inches per year, with 37.1 inches of snow per year.