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Listed by Viorel Lozneanuof Hometown Real Estate Group LLC
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Est. payment | /mo
16,790 SqFt
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Est. payment | /mo
16,790 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 16,790 sqft
MLS Listing ID 12547781
Year Built 1923
Annual Tax Amount $32,833
Tax Year 2024
Lot Dimensions 100x150
Property Sub-Type Mixed Use
Property Description
Income producing property. Low taxes. Unique investment opportunity to own this mixed used property. Priced to sell. Situated in North Austin neighborhood with a dense residential community and commercial traffic corridor. Two story brick building on the corner of Chicago and Pine Avenue. Features a total of 22 units and 2 car garage. 14 residential apartments, and 8 commercial units. The 14 residential rental apartments includes 4 apartments with 2 bedrooms; 7 units with 1 bedroom and 3 studio efficiency apartments. Tenants pay electric, gas and electric heat. The main level features 8 separate commercial units. Fenced backyard. With a total projection gross income of 26,125 per month, this property is a true cash flow generator. Large units, desirable layout, and prime income potential - a must-see for serious investors! Sold AS-IS.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling None
Flooring Tile, Wood
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Water Available
View Y/N true
Building
Foundation Concrete Perimeter
Water Municipal Water
Structure Type Brick,Concrete,Wood
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676 N Michigan Ave. Ste 3010, Chicago, IL, 60611, United States