REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,900,000
Est. payment | /mo
13,250 SqFt
$ 2,900,000
Est. payment | /mo
13,250 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 13,250 sqft
Price per Sqft $218
MLS Listing ID 12481025
Year Built 1899
Annual Tax Amount $59,067
Tax Year 2024
Lot Dimensions 125' X 98'
Property Sub-Type Retail/Stores
Property Description
***2024 property tax REDUCTION increases CAP Rate!*** ***223 FT. OF PRIME FRONTAGE PROPERTY - NOW 9.32 CAP RATE FULLY LEASED*** Well maintained brick building owned, cared for and managed by same family for decades. Located at very high traffic intersection of 26th St. & Kedzie Ave. in Chicago's Little Village Neighborhood. Average daily traffic count of 28,000 vehicles, high foot traffic, on primary CTA bus-line. Close to I-290/I-94 & I-55. First floor features 6 commercial storefronts - all are leased. Second floor has 2 spaces - a leased apartment and an available office/storage space for rent (appx. $2K) or owner discretional space. Commercial storefronts have have several reputable, longtime tenants/businesses providing steady/reliable income. 6+ parking spaces in back of building offer additional revenue opportunities. Call for further details, questions and showings. Allow 2-3 days advance notice for showing appointment requests. Please do not disturb tenants or their businesses.
Location
State IL
County Cook
Area Chi - South Lawndale
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Retail/Stores
Structure Type Brick
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Listed by Mike Enright of Compass
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "