3,376 sq ft
Commercial: Mixed Use - MLS# 12547770
Tools & Resources:
Description
Improved turnkey two story walk-up with current use as one commercial space and two apartment units. New brick face, windows, doors, plumbing, electrical, fixtures and new roof. Commercial space is finished with new hardwood floors, exposed brick and features a kitchenette, full bath and duplex down to three additional individual suites. The layout and design of the commercial unit is conducive to a number of retail and office uses. Second floor features a newly updated and tenant leased, four bedroom, two bath apartment with separate living and dining rooms, ensuite and walk in closet. Additional one bedroom and tenant leased apartment is also newly updated with new hardwood floors and includes a duplex down family living space. All apartments have modern cabinets, granite counters, black stainless steel appliances packages, complete with dishwashers, and in unit laundry. Each unit has an individual forced air gas furnace, central air conditioning, 40 gallon electric water heater and 100 amp circuit breaker electrical service. City approved transferrable plans and permit are available to convert the entire first floor for commercial use or buyer may have the property rezoned to it's current use. Property is being sold in as-is condition at the time of sale. Well located in relationship to expressways, major road transportation, CTA, Metra rail service and community services. Also well served by public and private schools, churches, shopping and public services. Seller is an Illinois licensed real estate broker. Cash Only.
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60628
- Year Built: 1914
- Sq.Ft.: 3,376 sq ft
- Stories: 2
- Units: 2 units
- Fireplace: 1
- # Of Apts: 1
- # Of Offices: 1
- Approximate Age: New Rehab
- Building Area Total: 3376
- Built Before 1978 (Y/N): Yes
- Construction Materials: Brick
- Cooling: Central Air
- Directions: 115th Street E/W. Subject property is located between 114th Place and 115th Street, West of Forest Avenue.
- Electric: Circuit Breakers
- Electric Expense: 40
- Fire Protection: Smoke or Fire Protectors, Carbon Monoxide Detector(s)
- Geographic Locale: Chicago South
- Gross Income: 40800
- Gross Rent Multiplier: 8.57
- Gross Scheduled Income: 40800
- Heat/Ventilation: Central Heat/Indiv Controls, Forced Air, Gas
- Information: List Broker Must Accompany, 48-Hr Notice Required
- Insurance Expense: 1975
- Lot Size Square Feet: 2500
- Main Type: Commercial Sale
- Misc Inside: Basement
- Property Sub Type: Mixed Use
- Tax Annual Amount: 2920.84
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Total Monthly Income: 3400
- Township: Lake
- Trash Expense: 50
- Water Sewer Expense: 110
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