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$810,000
Est. payment /mo
5,662 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12714918
Year Built 1930
Annual Tax Amount $14,829
Tax Year 2024
Lot Size 5,662 Sqft
Lot Dimensions 50X125 APPROX
Property Sub-Type Mixed Use
Property Description
UNLIMITED POTENTIAL & MASSIVE VALUE-ADD OPPORTUNITY IN PRIME SOUTH SHORE! Heavy-hitting investment package featuring a 31-unit mixed-use building in a rapidly developing neighborhood. Fantastic scale with 28 residential units (24 studios and 4 one-bedroom apartments) plus 3 street-level commercial retail spaces offering high visibility and foot traffic. Perfect for an experienced investor or developer looking to execute a full renovation, add value, and stabilize for maximum cash flow or long-term portfolio growth. Conveniently situated near public transportation, major thoroughfares, shopping, and lakefront amenities. Property needs work and is being sold in AS-IS / WHERE-IS condition. Seller will not provide surveys or disclosures; real estate taxes will be prorated. Bring your vision to unlock this property's true potential!
Location
State IL
County Cook
Area Chi - South Shore
Zoning OTHER
Interior
Cooling None
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
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Listed by Michael Olszewski of Area Wide Realty
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Crosstown Realtors
Owner | License ID: 471019341