535-37 W 111th Street
Chicago, IL 60628

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Description

Income-Producing All-Brick Mixed-Use Building in Roseland Stable, well-maintained property featuring six apartments and two retail storefronts (one vacant) with strong cash flow and long-term tenants. This is an ideal opportunity for an investor seeking both consistent income and value-add potential. The building has been owned and managed by the same owner for over 10 years, ensuring steady occupancy and proper upkeep. Located near the upcoming CTA Red Line Extension and Roseland Hospital's revitalization project, this property is positioned for future growth and long-term appreciation.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60628
• Year Built: 1927
• Stories: 2
• Units: 8 units
• # Of Apts: 6
• # Of Offices: 1
• # Of Stores: 2
• Approximate Age: 36-50 Years
• Built Before 1978 (Y/N): Yes
• Directions: Located on 111th St between Parnell Ave and Green St in Roseland...Corner property
• Electric: Circuit Breakers, Separate Meters
• Electric Expense: 280
• Fire Protection: Smoke or Fire Protectors
• Geographic Locale: Chicago South
• Gross Income: 72778
• Gross Rent Multiplier: 6.87
• Gross Scheduled Income: 77778
• Heat/Ventilation: Central Bldg Heat, Hot Water
• Information: Show-Call Listing Office
• Insurance Expense: 845
• Lot Size Square Feet: 7554
• Main Type: Commercial Sale
• Tax Annual Amount: 8756
• Tax Year: 2022
• Total Monthly Income: 6064
• Trash Expense: 168
• Water Sewer Expense: 250