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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

Contact Me

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$2,250,000 For Sale

3900 W 26th Street
Chicago, IL 60623

12 units |

Commercial: Mixed Use - MLS# 12304824
Property Photo
1/39

Description

Prime Investment Opportunity in the Heart of 26th St.! Corner Lot | 4 Storefronts | 8 Apartments | Huge Basement This well-maintained, income-generating property has been owned by the same owner for over 30 years, proving its stability and value. Located in a high-traffic area, it offers: Four storefronts with excellent visibility Eight residential units providing steady rental income A spacious basement for additional storage or potential expansion Corner lot advantage - increased exposure and accessibility Call or message your local Realtor for more info or to schedule a private tour.

Features

  • Property Type: Commercial
  • Sub Type: Mixed Use
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60623
  • Year Built: 1925
  • Stories: 2
  • Units: 12 units
  • Zoning: COMMR
  • # Of Apts: 8
  • # Of Ranges: 8
  • # Of Refrigs: 8
  • # Of Stores: 4
  • # Of Tenants: 12
  • Approximate Age: Older
  • Built Before 1978 (Y/N): Yes
  • Construction Materials: Brick, Concrete, Block
  • Cooling: Central Air
  • Directions: Take I-290 West and South Central Park Ave to West 26th St.
  • Electric: Circuit Breakers
  • Electric Expense: 600
  • Electric Expense Source: Broker Projection
  • Exterior Building Type: Brick
  • Fire Protection: Fire Extinguisher/s, Carbon Monoxide Detector(s)
  • Fuel Expense Source: Owner Projection
  • Geographic Locale: Chicago West
  • Gross Income: 14425
  • Gross Rent Multiplier: 13
  • Gross Scheduled Income: 173100
  • Heat/Ventilation: Central Heat/Indiv Controls, Forced Air
  • Information: 48-Hr Notice Required
  • Insurance Expense: 8800
  • Insurance Expense Source: Actual
  • Location: Corner
  • Lot Size Square Feet: 6380
  • Main Type: Commercial Sale
  • Misc Inside: Basement
  • Outdoor Parking: Parking-Street
  • Ownership Type: Land Trust
  • Roof Structure: Flat
  • Tax Annual Amount: 27456
  • Tax Year: 2023
  • Total Monthly Income: 14425
  • Trash Expense: 1064
  • Trash Expense Source: Actual
  • Water Expense Source: Owner Projection
  • Water Sewer Expense: 3600
Courtesy of Midwest SignatureProperties Co
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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