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$ 1,400,000
Est. payment | /mo
11,900 SqFt
$ 1,400,000
Est. payment | /mo
11,900 SqFt
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 11,900 sqft
Price per Sqft $117
MLS Listing ID 12169611
Year Built 1927
Annual Tax Amount $41,132
Tax Year 2023
Lot Dimensions 9875
Property Sub-Type Office/Tech
Property Description
Commercial Mixed-Use Investment Property with Multiple Income Stream Potential Don't miss this rare opportunity to acquire a fully renovated commercial mixed-use space, with active rental income, and additional leasable space currently available. The property has undergone extensive interior and exterior updates in the last 5 years, and stands alone its' class on the market. Key Features: Fully Rehabbed Warehouse: Updated and ready for business, ensuring minimal maintenance costs. Existing Tenant: One lessee currently occupying 1 of 3 rentable spaces, providing immediate rental income. Additional Leasable Space: With extra square footage still available for lease, you have ample opportunity to cash flow by securing additional tenants. This property is a unique investment for businesses and investors alike to capitalize on multiple income streams in a prime location. Whether you're an experienced investor or looking for your first commercial property, this is an excellent chance to secure a profitable asset.
Location
State IL
County Cook
Area Chi - East Garfield Park
Zoning COMMR
Interior
Cooling Central Air, Central Individual
Flooring Concrete, Tile
Fireplace N
Exterior
Utilities Available Water-Municipal
Roof Type Rubber
Building
Dwelling Type Office/Tech
Level or Stories 2
Structure Type Brick,Concrete
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Listed by Khaled El-Helo • The Apartment Source
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "