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$ 1,600,000
Est. payment | /mo
8,600 SqFt
$ 1,600,000
Est. payment | /mo
8,600 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 8,600 sqft
Price per Sqft $186
MLS Listing ID 12591309
Year Built 1915
Annual Tax Amount $18,739
Tax Year 2024
Lot Dimensions 0.138
Property Sub-Type Mixed Use
Property Description
Well-located mixed-use building offering significant value-add potential. The recently gut-renovated commercial space features a column-free layout that can accommodate a wide variety of potential retail, office, or service uses. Existing B3-2 zoning allows for the potential conversion of two (2) additional ground-floor dwelling units with the procurement of a special use permit (no zoning change required). Current apartment rents are below market, presenting an opportunity for future income growth. Situated along North Avenue in East Humboldt Park, the property is positioned within a rapidly evolving corridor and offers convenient access to public transportation.
Location
State IL
County Cook
Area Chi - West Town
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
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Listed by Derek Sobieraj of Sobiko Brokerage Services, LLC
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