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$ 1,279,000
Est. payment | /mo
3,754 SqFt
$ 1,279,000
Est. payment | /mo
3,754 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
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Listed by James Streff • Berkshire Hathaway HomeServices Chicago
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Alan Berlow
REALTOR | Lic# 475125930