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Key Details
Sold Price $310,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 3,292 sqft
Price per Sqft $94
MLS Listing ID 12102077
Sold Date 10/29/24
Year Built 1936
Annual Tax Amount $8,119
Tax Year 2023
Lot Dimensions 25X125
Property Description
Welcome to this prime mixed-use property located on the bustling Cermak Road in Cicero, Illinois. With approximately 10,000 cars passing by daily, this property offers unparalleled visibility and accessibility, making it an ideal investment for both business owners and investors alike. Situated prominently on Cermak Road, ensuring high exposure and foot traffic, perfect for retail or service-oriented businesses. Brick construction with two units:Ground Floor: Currently utilized as a beauty school, featuring central air conditioning and central business zoning. This space includes three bathrooms and is well-suited for various business ventures.Residential unit with two bedrooms, an eat-in kitchen, hardwood floors, newer windows, and gas hot water heating. Ideal for an owner-operator or as additional rental income. Detached two-car garage providing secure parking or additional storage space. Approximately 3,292 square feet including a fully finished basement, offering ample space for operations or storage. Fenced-in yard, providing privacy and potential outdoor seating or recreational area. Perfect for entrepreneurs looking to start a new business with existing infrastructure or expand their current operations. Dual income potential from both commercial and residential units, maximizing return on investment. Located in a vibrant neighborhood with proximity to schools, shops, and public transportation, enhancing its appeal to tenants and customers.This property presents a rare opportunity to own a versatile mixed-use building in a prime location. Whether you're looking to establish a new business, expand your portfolio, or secure rental income, contact us today to schedule a showing and explore the potential of this unique investment.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air
Flooring Concrete, Vinyl
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Julio Fajardo • @UR Service Realty Inc
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Greg Cirone
Managing Broker | License ID: 471003959
Managing Broker License ID: 471003959