Commercial: MLS #12004152 Chicago, IL ^$ 569,000

Commercial: MLS #12004152

^$ 569,000

Back to search

Commercial: MLS #12004152

Chicago, IL, 60620

^$ 569,000

Studio Baths0.0 Sq 3,444

Monthly Estimate*

^$ 3,782

View a Virtual Tour

Studio

Commercial Property for sale in Chicago, IL

for $569,000. This 3,444 square foot building was built in 1968 on a lot size of 0.187672.

INVEST IN BEVERLY VIEW!---- Great opportunity to invest or set up your own storefront business with two apartments above to help pay for the mortgage. This is a three-lot, 3 pin property with 75 foot frontage on Western Ave. 23,000 car per day traffic count, this property is highly visible and next to the very active 79th street intersection with mostly new retail and fast food too. It consists of a 3 story building, has one occupied remodeled store--$2050/month-to-month---will vacate with 90 day notice. Two 2-bedroom apartments in good condition, currently vacant, lease value is about 1000/apartment. There is a full basement below for storage/commercial use plus a 2 car parking pad out back. Included is the adjoining 50x106 lot which can be paved for parking or to build more space. This address is part of the GREATER SOUTHWEST INDUSTRIAL TIF DISTRICT.

Commercial Active

Price

^$ 569,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 6,502

Style

Commercial

Lot Size

0.187672

Year Built

1968

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12004152

Features

General

Cooling Central Air Office Only

Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal

Possession Closing

Roof Rubber

Zoning COMMR

Construction Materials Brick

Year Built 1968

Electric Service - 0 to 100 Amps Service - 101 to 200 Amps

Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat Janitorial Service

Stories 3

Township South Chicago

Property SubType Apts/Stores

Tax Year 2022

Current Use Commercial

Gross Income 2050

County Cook

Operating Expense 8500

Insurance Expense 2000

Property Type Commercial Sale Mixed Use

Possible Use Commercial Office and Research Retail Other

Status Active

Directions Just a half block south of 79th on the west side

City Chicago

NumberOfUnitsTotal 3

MLS Area CHI - Ashburn

Lot Size Square Feet 8175

Street Name Western

Tax Annual Amount 6502

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 1200

Additional Parcels Y/N Y

Virtual Tour https://youtu.be/yHUqDuThhyA

Days on Market 9

Lease Type Modified Gross

Standard Status Active

Total Actual Rent 0

Interior

Flooring Carpet Tile Wood

Street Suffix Avenue

Exterior

Foundation Details Concrete Perimeter

Building Area Total 3444

Lot Dimensions 75X106

Frontage Type City Street

Exterior Brick Masonite

* Excluded Features

List By

Exit Strategy Realty

Broker

exitalberto@gmail.com

Affordability Calculator

$4,324

Per Month

Monthly Principal & Interest: $3,782
Monthly Property Taxes: $542
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

THE TIME TO SELL IS NOW!

Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$847,642

Percent of Sale Price 49%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/14/2024	$569,000		Listed Price

Map

More homes like this one

homes for you

See all

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

http://www.mredllc.com/comms/resources/DMCA_Notice.pdf

Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 6/7/2024.

*Full Name

*Email

*Phone

I am interested in financing options

Get more info

By submitting the form, you agree that Weichert^® may contact you via phone or text about your inquiry, which may involve the use of automated means. You are not required to consent as a condition of purchasing any property, goods or services. For any other information please read our privacy policy.

Get more info

Looking for an Associate?

Already Working with an Associate?

Commercial: MLS #12004152

Commercial Property for sale in Chicago, IL

Affordability Calculator

Map

More homes like this one

Get more info about this home