Chicago, IL 60641
$725,000
Mark Quesada
Broker / Owner
LIC #475144827
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.
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$5,351/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
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Listed by Angelo Labriola, Sperry Van Ness
MLS# MRD12634737 · Under Contract
$550,000
Median sale price
17 days
Avg days on market
102.6% of list
Sells for
Closed sales in 60641 over the last 6 months, all home types.
Interior
Construction
Lot & parking
Utilities
History reflects records reported to the MLS and may be incomplete.