4,375 sq ft
Commercial: Mixed Use - MLS# 12457598
Tools & Resources:
Description
Don't miss this incredible opportunity to own a cash-flowing, turn-key investment property in the highly desirable Beverly neighborhood, a vibrant community known for its charming streets, strong local economy, and perfect blend of urban and suburban appeal. This property features a second-floor residential unit and a first-floor commercial unit, offering flexibility for investors and owner-occupants alike. Additionally, the first floor includes a potential warehouse space and an attached garage, providing even more value and functionality. With recent capital improvements and low-maintenance upkeep, this property is a strategic addition to any investment portfolio. It also presents an ideal opportunity for owner-occupant small businesses, allowing them to own while offsetting costs with a long-term residential tenant. The first-floor units can be subdivided to generate additional income. Contact the broker today for more details and to schedule a private tour of this exceptional property!
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60643
- Year Built: 1955
- Sq.Ft.: 4,375 sq ft
- Stories: 2
- Units: 2 units
- # Of Apts: 1
- # Of Offices: 1
- # Of Stores: 1
- Approximate Age: Older
- Building Area Total: 4375
- Built Before 1978 (Y/N): Yes
- Cap Rate: 9.2
- Construction Materials: Brick
- Cooling: Central Air, Wall Sleeve
- Directions: Western Ave, north or south to 10139.
- Electric: Circuit Breakers
- Expense Year: 2023
- Geographic Locale: Chicago Southwest
- Gross Income: 79800
- Gross Rent Multiplier: 7.5
- Gross Scheduled Income: 79800
- Heat/Ventilation: Gas
- Indoor Parking: 1-5 Spaces
- Information: List Broker Must Accompany
- Insurance Expense: 9623
- Insurance Expense Source: Actual
- Lot Size Square Feet: 4200
- Main Type: Commercial Sale
- Manufacturing SqFt: 700
- Office SqFt: 3185
- Operating Expense: 20709
- Original Rental Price: 16.75
- Other Expense Source: Actual
- Other SqFt: 1250
- Property Sub Type: Mixed Use
- Rental Price: 16.75
- Roof Structure: Flat
- Tax Annual Amount: 6880
- Tax Year: 2023
- Total Annual Expense Source: Broker Projection
- Total Monthly Income: 6650
- Township: Lake
- Warehouse SqFt: 750
- Water Expense Source: Actual
- Water Sewer Expense: 1812
©2026, Midwest Real Estate Data (MRED). All rights reserved.