See all 21 photos
21 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$2,190,000
Est. payment /mo
15,000 SqFt
UPDATED:
02/19/2025 08:05 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $146
MLS Listing ID 12292925
Year Built 1953
Annual Tax Amount $26,773
Tax Year 2023
Lot Dimensions 100X109
Property Sub-Type Mixed Use
Property Description
This 17-unit mixed-use asset is priced to sell at a current 7.8% current cap rate. The property consists of (12) 1br/1ba apartments, (5) commercial spaces, & (9) garage spaces in the rear. The (5) commercial spaces are all currently leases to a total of (3) tenants - E Basket US Inc, Gulshan Restaurant, & Afghan Village. The apartments are all 1br/1ba and feature individual HVAC. Current gross rents total $274,020 annually and there is plenty of room to grow that number. Recent capital improvements include a tear off roof and parapet work in 2021, rebuilt sewer line in 2025, 4/5 newer water heaters, and mostly copper plumbing. Please reach out to listing agent to learn more about this opportunity.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air, Central Individual
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
Read Less Info
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Preston • Horvath & Tremblay IL, LLC
GET MORE INFORMATION
Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959