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$ 580,000
Est. payment | /mo
4,368 SqFt
$ 580,000
Est. payment | /mo
4,368 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,368 sqft
Price per Sqft $132
MLS Listing ID 12740487
Year Built 1965
Annual Tax Amount $6,027
Tax Year 2024
Lot Dimensions 33 X 126
Property Sub-Type Mixed Use
Property Description
Outstanding mixed-use investment opportunity in Chicago's vibrant Gage Park neighborhood! Located along the busy 51st Street commercial corridor, this versatile property features a high-visibility ground-floor commercial space paired with two residential units above. Benefiting from flexible B3-1 Community Shopping District zoning, the main-level commercial footprint is ideally suited for a storefront retail business, professional office, neighborhood service shop, or medical space. The upper-level apartment units deliver steady supplemental rental income, making this an ideal asset for an owner-operator seeking to run a business on-site or a value-add investor looking for consistent cash flow. Conveniently positioned near Kedzie Avenue, public transit options, and local neighborhood anchor businesses, this high-exposure asset presents excellent long-term upside in an established Chicago corridor.
Location
State IL
County Cook
Area Chi - Gage Park
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
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Listed by Alexander Partida of Realty of America, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "