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Key Details
Sold Price $599,900
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,200 sqft
Price per Sqft $142
MLS Listing ID 10999758
Sold Date 04/08/21
Year Built 1930
Annual Tax Amount $9,687
Tax Year 2019
Lot Dimensions 99.7X67X100
Property Sub-Type Mixed Use
Property Description
Beautifully gut-rehabbed (2016) 3-unit building WITH SIDE LOT, on Chicago's original "Little Italy" in the historic Pilsen neighborhood. This mixed-use property has an art gallery in the commercial space with two - 2 bed / 1 bath rental units on the second floor at market rate. This building was a complete rehab in 2016. Two, updated 2 bed/1 bath rental units complete with central heat/air, in-unit washer/dryer, hardwood floors, and great natural light. Current rent roll is a 9.5 CAP AFTER expenses. Large, open-concept commercial retail space with tons of versatility to accommodate many business types. Huge open basement perfect for more storage or inventory. Parking spaces in back provide more opportunities for income. Side lot has potential for additional build out opportunities with the existing 3 unit building. Optimal location and plenty of new development surrounding this investment. Easy access to Pink Line, CTA buses, expressway, shops, restaurants, parks, and all that Pilsen has to offer.
Location
State IL
County Cook
Area Chi - Lower West Side
Zoning MULTI
Interior
Cooling Central Air
Flooring Wood
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Water-Municipal, Water to Site
Building
Level or Stories 2
Structure Type Brick,Wood Frame
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Bought with Jake Fugman • eXp Realty, LLC