4053 N Mobile Avenue
Chicago, IL 60634

Tools & Resources:

Description

Rare opportunity to acquire a unique multi-building property on an oversized 13,738 SF lot in Chicago's Portage Park neighborhood. The asset consists of a front 2 unit building and rear building with 4 apartments and attached two car garage. Rear building offers a large 3bd 2ba owners unit with a private yard. Parking for 5 cars in front of the lot. Situated on a quiet, tree-lined street near Six Corners, the property benefits from strong rental demand, easy access to public transportation, and proximity to neighborhood retail and amenities. Ideal for investors seeking a redevelopment or long-term hold opportunity with multiple exit strategies. Very unique property with strong value add potential

Features

• Property Type: Commercial
• Sub Type: Multi Family 5+
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60634
• Year Built: 1916
• Stories: 1
• Units: 6 units
• Fireplace: 2
• Zoning: MULTI
• # Of Dishwashers: 2
• # Of Dryers: 2
• # Of Ranges: 6
• # Of Refrigs: 6
• # Of Washers: 2
• # Of Window/Ac: 2
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Construction Materials: Brick, Aluminum Siding, Vinyl Siding
• Cooling: Window Unit(s)
• Directions: IRVING PARK RD. TO MOBILE NORTH TO PROPERTY
• Electric: Circuit Breakers
• Electric Expense Source: Broker Projection
• Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
• Foundation Details: Concrete Perimeter
• Fuel Expense Source: Actual
• Heat/Ventilation: Radiators, Baseboard, Separate Per Unit
• Indoor Parking: 1-5 Spaces, Attached
• Information: List Broker Must Accompany, 48-Hr Notice Required
• Insurance Expense Source: Actual
• Land Amenities: Curbs and Gutters, Sidewalks
• Lot Size Source: Survey
• Lot Size Square Feet: 13738
• Main Type: Commercial Sale
• Manager Expense Source: BP
• Misc Inside: Skylight/s, Storage Inside
• Misc Outside: Patio, Storms and Screens (as exist)
• Other Expense Source: Broker Projection
• Outdoor Parking: 1-5 Spaces, Common Parking, Open, Private Lot, Unpaved
• Repairs-Decor Expense Source: Broker Projection
• Roof: Composition, Rubber
• Roof Structure: Flat, Pitched
• Tax Annual Amount: 26294
• Tax Year: 2024
• Tenant Pays: Electricity, Heat, Varies by Tenant
• Total Annual Expense Source: Combination
• Township: Jefferson
• Trash Expense Source: Actual
• Type Multi-Family: Flats
• Utilities: Sewer Connected
• Water Expense Source: Broker Projection
• Water Source: Municipal Water