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Listed by Adrian Perezof Avenue Properties Chicago
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Est. payment | /mo
6 Beds
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Est. payment | /mo
6 Beds
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12800983
Bedrooms 6
Year Built 1896
Annual Tax Amount $6,536
Tax Year 2025
Lot Dimensions 25X125
Property Sub-Type Two to Four Units
Property Description
Exceptional investment opportunity located along Chicago's highly trafficked 26th Street corridor! This spacious 2.5-story building offers a street-level commercial storefront, three residential units, a full unfinished attic with additional expansion potential, and convenient on-site parking. Currently gutted to the studs, the property presents a blank canvas for investors and developers looking to maximize its potential. Included in the sale are architectural plans for three 2-bedroom, 1-bathroom residential units under the existing zoning, while preserving the commercial storefront and parking. Additional architectural plans provide an alternative redevelopment concept featuring five 2-bedroom, 1-bathroom residential units, subject to zoning approval. With multiple redevelopment possibilities, excellent street visibility, and consistent pedestrian and vehicle traffic, this property presents an outstanding value-add opportunity in a well-established Chicago commercial corridor.
Location
State IL
County Cook
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating None
Fireplace N
Exterior
Garage Spaces 2.0
View Y/N true
Building
Lot Description Corner Lot
Sewer Public Sewer
Water Lake Michigan
Structure Type Aluminum Siding
New Construction false
Schools
School District 299, 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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