3,380 sq ft
Commercial: Mixed Use - MLS# 12528512
Tools & Resources:
Description
Investor Special - Turnkey investment property in Chicago's 60629 zip, delivering consistent monthly cash flow with no repairs needed. This mixed-use asset features a ground-level commercial storefront, a spacious 3-bedroom residential unit with an additional master suite extension ideal for an office or study, and income-generating common areas. Property Highlights: Storefront Unit - Stable commercial tenant with access to a finished basement, currently used as office space with an additional bathroom. 3-Bedroom Apartment - Includes an extended master suite with a bonus room perfect for an office or study. Commercial Laundry Area - Features 2 coin-operated dryer and 1 standard washers for added income potential. 4 Parking Spaces - Includes a 2-car garage plus 2 uncovered off-street parking spots. This is a perfect opportunity for investors seeking strong returns in a well-performing rental corridor. Zoned for flexibility and well maintained by current owner.
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active Under Contract
- County/Area: Cook County
- Zip Code: 60629
- Year Built: 1930
- Sq.Ft.: 3,380 sq ft
- Stories: 2
- Units: 2 units
- Zoning: COMMR
- # Of Apts: 1
- # Of Dryers: 2
- # Of Ranges: 1
- # Of Refrigs: 1
- # Of Stores: 1
- # Of Tenants: 2
- # Of Washers: 1
- Approximate Age: Older
- Building Area Total: 3380
- Built Before 1978 (Y/N): Yes
- Construction Materials: Brick
- Cooling: Central Air
- Directions: Kedzie to 63rd street and East to your new property!
- Electric: Circuit Breakers
- Fire Protection: Fire Extinguisher/s, Carbon Monoxide Detector(s)
- Geographic Locale: Chicago Southwest
- Gross Income: 43200
- Gross Rent Multiplier: 7
- Gross Scheduled Income: 43200
- Heat/Ventilation: Forced Air, Gas
- Indoor Parking: 1-5 Spaces
- Information: List Broker Must Accompany, 48-Hr Notice Required
- Lot Size Square Feet: 3250
- Main Type: Commercial Sale
- Misc Inside: Basement, Laundry Room
- Misc Outside: Enclosed Porch, Patio
- Original Rental Price: 82.84
- Property Sub Type: Mixed Use
- Rental Price: 82.84
- Tax Annual Amount: 4540.51
- Tax Year: 2024
- Tenant Pays: Electricity, Heat
- Total Monthly Income: 3600
- Township: South Chicago
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