3,062 sq ft
Commercial: Mixed Use - MLS# 12552094
Tools & Resources:
Description
An exceptional opportunity for investors or owner-users to acquire a well-maintained mixed-use building in one of Chicago's most sought-after neighborhoods. This two-unit property offers the ideal blend of residential income and commercial presence, all in the heart of vibrant Bucktown. The upper-level residential unit features a modern 3-bedroom, 2-bath layout with high ceilings, contemporary finishes, and an open, airy feel. Currently rented, this unit provides immediate, stable income with strong tenant appeal. An attached two-car garage adds significant value and convenience-an increasingly rare find in the area. The first-floor commercial space is home to an established hair salon, offering excellent street visibility and foot traffic in a prime Bucktown location surrounded by boutiques, dining, and residential density. The building has been thoughtfully maintained, making it a turnkey option for those seeking a low-maintenance investment or a live/work scenario in a premier neighborhood. Whether you're looking to diversify your portfolio or secure a property with built-in income streams, this mixed-use Bucktown asset checks all the boxes.
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60647
- Year Built: 1994
- Sq.Ft.: 3,062 sq ft
- Stories: 2
- Units: 2 units
- Zoning: MULTI
- # Of Apts: 1
- # Of Dishwashers: 1
- # Of Disposals: 1
- # Of Dryers: 1
- # Of Ranges: 1
- # Of Refrigs: 1
- # Of Stores: 1
- # Of Tenants: 2
- # Of Washers: 1
- Approximate Age: 26-35 Years
- Building Area Total: 3062
- Construction Materials: Block
- Cooling: Central Air, Central Individual
- Directions: Turn left onto Concord from Damen
- Expense Year: 2025
- Geographic Locale: Downtown Chicago
- Gross Income: 98732
- Gross Rent Multiplier: 11.6
- Gross Scheduled Income: 98733
- Heat/Ventilation: Forced Air, Gas
- Indoor Parking: 1-5 Spaces, Assigned Spaces
- Information: 48-Hr Notice Required
- Insurance Expense: 3091
- Insurance Expense Source: Actual
- Location: Mixed Use Area
- Lot Size Square Feet: 2400
- Main Type: Commercial Sale
- Misc Outside: Balcony/ies, Storms and Screens (as exist)
- Operating Expense: 113
- Other SqFt: 1600
- Outdoor Parking: Fee Parking, Parking-Street
- Property Sub Type: Condominium
- Retail SqFt: 1462
- Tax Annual Amount: 24583.61
- Tax Year: 2024
- Tenant Pays: Air Conditioning, Electricity, Heat, Taxes, Insurance, Repairs, Sewer, Varies by Tenant
- Total Annual Expense Source: Actual
- Total Monthly Income: 8227
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