10548 S Ewing Avenue
Chicago, IL 60617

Tools & Resources:

Description

Turnkey mixed-use investment in the heart of East Chicago! This solid brick mixed-use building features one street-level commercial unit and three fully renovated residential units above - ready for tenants and has low expenses. Ideal for owner-occupants or investors seeking cash flow in an emerging corridor. Just minutes from Lake Shore Drive, South Shore, and the upcoming Barack Obama Presidential Center

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60617
• Year Built: 1903
• Sq.Ft.: 3,449 sq ft
• Stories: 2
• Units: 4 units
• # Of Apts: 3
• # Of Stores: 1
• # Of Tenants: 1
• Approximate Age: Older
• Building Area Total: 3449
• Built Before 1978 (Y/N): Yes
• Directions: Take I-90 E to 95th St exit, head east. Turn right onto S Ewing Ave. Property is on the right between 105th St and 106th St.
• Electric: Circuit Breakers
• Fire Protection: Fire Extinguisher/s, Sprinklers
• Geographic Locale: Out of Area
• Gross Income: 48300
• Gross Rent Multiplier: 8.18
• Gross Scheduled Income: 48300
• Heat/Ventilation: Forced Air
• Information: Show-Lock Box, Standard
• Insurance Expense: 250
• Insurance Expense Source: Owner Projection
• Lot Size Square Feet: 3050
• Main Type: Commercial Sale
• Operating Expense: 6109
• Original Rental Price: 21.13
• Property Sub Type: Mixed Use
• Rental Price: 21.13
• Tax Annual Amount: 2009.29
• Tax Year: 2023
• Total Monthly Income: 4025
• Water Expense Source: Owner Projection
• Water Sewer Expense: 92