4,000 sq ft
Commercial: Mixed Use - MLS# 12569296
Tools & Resources:
Description
Attractive Mixed use 3-unit located on busy Cottage Grove Avenue this building has two entrances, one on the left for the main floor commercial space which is currently rented to Heathland Alliance as a food pantry- Monthly rent $2,800. The 2nd floor unit is currently used as live work space - monthly rent $1,300. The 3rd floor is a 2bed 1bath apartment. There is a large indoor garage that can fit 4 cars that is used by first floor tenant. Each unit has Individual heating and AC. Great foot traffic, near public transportation, minutes from the express way, and the new Discover call center. Other nearby tenants include Chase, Walgreens, Garrett Popcorn, Dat Donut and many other restaurants.
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60619
- Year Built: 1923
- Sq.Ft.: 4,000 sq ft
- Stories: 3
- Units: 3 units
- Zoning: COMMR
- # Of Apts: 2
- # Of Stores: 1
- Approximate Age: 36-50 Years
- Building Area Total: 4000
- Built Before 1978 (Y/N): Yes
- Cap Rate: 13.2
- Construction Materials: Brick
- Cooling: Central Air
- Directions: From 79th go South on Cottage Grove.
- Electric: Fuses
- Expense Year: 2019
- Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
- Foundation Details: Brick/Mortar
- Geographic Locale: Chicago South
- Gross Income: 63600
- Gross Rent Multiplier: 6.35
- Gross Scheduled Income: 60600
- Heat/Ventilation: Forced Air
- Indoor Parking: 1-5 Spaces
- Information: 24-Hr Notice Required, List Broker Must Accompany
- Insurance Expense: 3610
- Lot Size Square Feet: 2675
- Main Type: Commercial Sale
- Office SqFt: 1000
- Operating Expense: 9621
- Original Rental Price: 15
- Other Expense: 300
- Other SqFt: 1000
- Property Sub Type: Mixed Use
- Rental Price: 15
- Retail SqFt: 1500
- Roof: Rubber
- Roof Structure: Flat
- Tax Annual Amount: 5194
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Repairs, Varies by Tenant
- Total Annual Expense Source: Combination
- Total Monthly Income: 5300
- Township: Hyde Park
- Water Sewer Expense: 600
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