$1,000,000
$1,099,000
9.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 12/18/2024
Key Details
Sold Price $1,000,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12057984
Sold Date 12/18/24
Year Built 1886
Annual Tax Amount $33,931
Tax Year 2023
Lot Dimensions 25X125
Property Sub-Type Mixed Use
Property Description
Desired Lincoln Park mixed-use building with rehab opportunity in A+ location. The property has been in the family for more than four decades and well taken care of, but the two residential units are in need of updates. Zoned B3-2, in the heart of restaurants, retail stores, single family homes and condominiums, and just a few blocks away from DePaul University. The building is situated on a 25' x 125' lot with alley access in the back and 2 tandem parking spaces (4 spaces). 2 residential units and 1 remodeled, commercial retail space. The first floor is currently occupied by an established business with long term potential. The second floor apartment consists of 2 bedrooms, 1 bath, separate dining room, and a large, private outdoor deck! The third floor apartment was updated in 2004; could be a great owner's unit! The open floor plan with 2 bedrooms, 1 bath, plus a den is outfitted with granite counters and white cabinets. Both residential units feature high ceilings, hardwood floors, in-unit washer & dryer hook up, and large windows. Excellent transportation options within walking distance. Great for investment and/or owner-occupied. Check out the floor plans to see how much space this building has to offer! Strictly Sold As-Is.
Location
State IL
County Cook
Area Chi - Lincoln Park
Zoning COMMR
Interior
Cooling Central Individual, Partial, Window Unit(s)
Flooring Carpet, Tile, Varies, Wood
Fireplaces Number 2
Fireplace Y
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
Roof Type Reflective Coating,Rubber
Building
Level or Stories 3
Structure Type Brick
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Bought with Inactive Inactive • Baird & Warner Fox Valley - Geneva
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