$421,500
$398,000
5.9%For more information regarding the value of a property, please contact us for a free consultation.
4,700 SqFt
SOLD DATE : 11/04/2024
Key Details
Sold Price $421,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 4,700 sqft
Price per Sqft $89
MLS Listing ID 12021326
Sold Date 11/04/24
Year Built 1924
Annual Tax Amount $9,830
Tax Year 2023
Lot Dimensions 25 X 125
Property Sub-Type Mixed Use
Property Description
Be the owner of this prominently placed, meticulously and well-maintained Mixed-Use Property with a storefront/office w/basement on the first floor and two three-bedroom 6-Room apartments on 2nd & 3rd Floors. Full basement and overhead sewers. Two Car Garage w/newer roof & back porch. Please see additional documentation for current and projected rents and income. Impressive numbers and investment is priced very well and attractive for serious investors. Easily achieve an 10.5% cap rate!!! current is 8.81%!!!
Location
State IL
County Cook
Area Cicero
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Level or Stories 3
Structure Type Brick
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Bought with Margie Marasco • Coldwell Banker Real Estate Group
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "