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Listed by Matthew Mikaof Compass
$ 650,000
Est. payment | /mo
4,572 SqFt
$ 650,000
Est. payment | /mo
4,572 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,572 sqft
Price per Sqft $142
MLS Listing ID 12408444
Year Built 1966
Annual Tax Amount $11,652
Tax Year 2024
Lot Dimensions 46X125X30X125
Property Sub-Type Mixed Use
Property Description
This custom-built corner building has plenty of room for commercial space on the first floor with added addition of 5 residential units upstairs for plenty of additional income! On the first floor a law office currently occupies one of the units and the second unit has multiple offices built out for multiple tenants. Upstairs there are 5 total residential units, 3 studio apartments which are all under rented and add a lot of added value. Two of the three studios are rented MTM at $600 and $500, unit 4 is a studio + den which is currently rented MTM at $675 and unit 1 is the largest as a 1 bedroom which is MTM at $950. Lots of value add here! There are 3 tandem parking spaces for a total of 6 cars in the parking lot.
Location
State IL
County Cook
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick,Concrete,Block
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676 N Michigan Ave. Ste 3010, Chicago, IL, 60611, United States