Commercial: Mixed Use - MLS# 12532990
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Description
Well-maintained mixed-use property featuring three residential units and one ground-floor commercial space, all fully occupied, providing immediate and stable cash flow. Solid brick construction with strong in-place income and minimal deferred maintenance. The residential units are well kept and consistently rented due to the property's convenient location near public transportation, schools, shopping, and major thoroughfares. The street-level commercial unit benefits from strong visibility along 55th Street and is occupied by an established tenant. This is an ideal investment opportunity for buyers seeking a stabilized, income-producing mixed-use property in a high-demand Chicago neighborhood.
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60632
- Year Built: 1959
- Stories: 2
- Units: 4 units
- Zoning: MULTI
- # Of Apts: 3
- # Of Stores: 1
- Approximate Age: Older
- Built Before 1978 (Y/N): Yes
- Cooling: Window Unit(s)
- Directions: From Pulaski Rd & 55th St, go E on 55th St approximately 0.3 miles. Property is on the N side of the street at 4425 W 55th St.
- Electric: Circuit Breakers
- Electric Expense: 1572
- Electric Expense Source: Owner Projection
- Fire Protection: Carbon Monoxide Detector(s)
- Fuel Expense: 3226
- Fuel Expense Source: Owner Projection
- Geographic Locale: Chicago South
- Gross Income: 4650
- Gross Rent Multiplier: 8.87
- Gross Scheduled Income: 56400
- Heat/Ventilation: Gas
- Information: List Broker Must Accompany, 48-Hr Notice Required
- Insurance Expense: 3467
- Insurance Expense Source: Actual
- Lot Size Square Feet: 4268
- Main Type: Commercial Sale
- Original Rental Price: 17.88
- Other Expense: 1042
- Other Expense Source: Actual
- Property Sub Type: Mixed Use
- Rental Price: 17.88
- Tax Annual Amount: 5114
- Tax Year: 2023
- Total Actual Rent: 4650
- Total Monthly Income: 4700
- Trash Expense: 304
- Trash Expense Source: Actual
- Water Expense Source: Actual
- Water Sewer Expense: 3286
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