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$449,000
Est. payment /mo
5,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 5,000 sqft
Price per Sqft $89
MLS Listing ID 12730811
Annual Tax Amount $11,207
Tax Year 2025
Lot Dimensions 25x118
Property Sub-Type Bus / Bus w/Real Est
Property Description
Outstanding Mixed-Use Investment Opportunity on Busy 35th Street! This solid all-brick mixed-use property offers exceptional visibility and endless potential in a high-traffic commercial corridor. The building features a street-level commercial storefront, previously operated as a plumbing business, making it ideal for retail, office, service, or other permitted commercial uses. The residential portion includes three income-producing apartments: two spacious 2-bedroom units and one 1-bedroom unit. An attached garage is directly connected to the commercial space, providing additional storage, workspace, or future flexibility. Whether you're an investor looking to expand your portfolio or an owner-occupant seeking to operate a business while generating rental income, this property offers an excellent opportunity with multiple income streams and tremendous upside. Prime location, solid brick construction, excellent exposure, and unlimited potential-schedule your showing today! Showing Instructions: You will be able to view the front commercial space and one apartment only. The current rental income is below market value because the tenants have been long-term occupants. Current Rents: 1-bedroom apartment: $650/month 2-bedroom apartment: $850/month One 2-bedroom apartment is vacant The front commercial space is vacant and was previously used as a plumbing business. This property offers excellent upside potential for an investor looking to increase rental income with market-rate leases and lease the vacant commercial space.
Location
State IL
County Cook
Area Cicero
Zoning COMMR
Interior
Cooling Central Individual
Fireplace N
Building
Dwelling Type Bus / Bus w/Real Est
Structure Type Brick
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Listed by Jorge Mariscal of RE/MAX Partners
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Crosstown Realtors
Owner | License ID: 471019341