1409-11 W Lunt AVE new

Chicago,IL 60626

$ 1279000

- Bed

0 Bath

3754 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,754 sqft

Price per Sqft $340

MLS Listing ID 12433139

Year Built 1913

Annual Tax Amount $8,534

Tax Year 2023

Lot Dimensions 40X68

Property Sub-Type Mixed Use

Property Description

Great investment opportunity in Rogers Park just steps to the Lake! This building features two apartment units on the 2nd level both featuring individual HVAC and 11 ft ceilings. 2E is a 2 bed 1.5 bath unit that has been recently updated w/ SS appliances, in unit laundry, engineered hardwood floors throughout and modern bathroom finishes. 2W features 2 bedrooms, 1 bath and a dining room. There are 2 commercial units which the tenant combined them to be one convenience/liquor store. All tenants pay all their own utilities except water. Roof is newer, as are commercial storefront windows and more. There is also a billboard on the east side of the building bringing in $500/month with 3 more years on the current lease which renews every 5 years. This armchair investment has very little common space to maintain and minimal expenses, with room to increase rents over time. All this located in booming Rogers Park with easy access to Lake Shore Drive, Loyola, the Red Line, downtown, parks along the lake, bars, restaurants and more, making the units upstairs easy to rent.

Location

State IL

County Cook

Area Chi - Rogers Park

Zoning COMMR

Interior

Cooling Central Air,Central Individual

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 2

Structure Type Brick

View More
Favorite Go Tour