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$ 345,000
Est. payment | /mo
3,840 SqFt
$ 345,000
Est. payment | /mo
3,840 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $89
MLS Listing ID 12611318
Year Built 1896
Annual Tax Amount $6,294
Tax Year 2024
Lot Dimensions 25X125
Property Sub-Type Mixed Use
Property Description
Prime mixed use investment opportunity on high traffic 26th Street in Chicago. Large 2.5 story frame building featuring a street level commercial storefront, three residential units, and a full unfinished attic with expansion potential. Interior is currently in to the studs condition, offering a blank canvas for redevelopment. Sale includes architectural drawings for three residential units under current zoning, each designed as two bedroom, one bath apartments, plus the storefront and parking spaces. Additional plans are included to pursue zoning for five residential units, all two bedroom, one bath, while maintaining the commercial storefront and parking. Excellent value add opportunity for investors or developers seeking a mixed use income property in a busy commercial corridor with strong foot and vehicle traffic.
Location
State IL
County Cook
Area Chi - South Lawndale
Zoning MULTI
Interior
Cooling None
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Aluminum Siding
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Listed by Ana Sandoval-Cremieux of Compass
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