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

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$535,000 For Sale

7006 W Diversey Avenue
Chicago, IL 60707

3 units |
4,200 sq ft

Commercial: Mixed Use - MLS# 12389542
Property Photo
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Description

Introducing a remarkable opportunity that offers endless possibilities in a prime location. This mixed use property ensures excellent visibility, foot traffic, and accessibility, maximizing its potential to attract customers and clients. This property presents three distinct spaces, each with its own unique potential, perfect for the savvy investor or entrepreneur seeking a versatile space to transform their vision into reality. All occupied units are under fully negotiable leases, generating a yearly income of 56,400k. The first space is a 800 sq ft vibrant retail store. Adjacent to this exciting shop is another 800 sq ft turnkey restaurant with a welcoming ambiance and a well-equipped kitchen, making it an enticing option for those seeking a ready-to-go business venture. Nestled at the rear of the property is a charming (approx.2400 sq ft) 3 bed & 1 1/2 bath coach house. Already occupied as well, this income-generating unit adds an additional layer of value to the property, offering a consistent revenue stream. Furthermore, the coach house is complemented by a delightful yard, providing a tranquil retreat. With all of these versatile spaces, this property is a rare find, catering to the aspirations of investors, restaurateurs, and entrepreneurs alike. Don't miss out on this extraordinary opportunity to make your mark in the mixed use property arena. Embrace the possibilities, unlock the potential, and set the stage for your business venture in this remarkable space. Contact me today to schedule a viewing and seize the chance to turn your dreams into reality!

Features

  • Property Type: Commercial
  • Sub Type: Mixed Use
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60707
  • Year Built: 1913
  • Sq.Ft.: 4,200 sq ft
  • Stories: 1
  • Units: 3 units
  • # Of Apts: 1
  • # Of Stores: 2
  • # Of Tenants: 3
  • Approximate Age: Older
  • Building Area Total: 4200
  • Built Before 1978 (Y/N): Yes
  • Construction Materials: Brick
  • Cooling: Central Air
  • Directions: ON DIVERSEY, JUST WEST OF SAYRE
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Geographic Locale: Chicago Northwest
  • Gross Income: 54000
  • Gross Scheduled Income: 39600
  • Heat/Ventilation: Forced Air, Gas
  • Information: 24-Hr Notice Required
  • Lot Size Square Feet: 6700
  • Main Type: Commercial Sale
  • Misc Inside: Private Restroom/s, Public Restroom/s
  • Original Rental Price: 18
  • Property Sub Type: Mixed Use
  • Rental Price: 18
  • Tax Annual Amount: 10976.5
  • Tax Year: 2023
  • Tenant Pays: Electricity, Heat, Sewer
  • Total Monthly Income: 4500
  • Township: Jefferson
Courtesy of Weichert, Realtors - All Pro
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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