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$ 299,999
Est. payment | /mo
3,840 SqFt
$ 299,999
Est. payment | /mo
3,840 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $78
MLS Listing ID 12771071
Year Built 1896
Annual Tax Amount $6,294
Tax Year 2024
Lot Dimensions 25X125
Property Sub-Type Mixed Use
Property Description
Prime mixed-use investment opportunity along highly traveled 26th Street in Chicago. This spacious 2.5-story frame building features a street-level commercial storefront, three residential units, a full unfinished attic offering additional expansion potential, and on-site parking. The interior is currently gutted to the studs, providing a blank canvas for investors or developers to bring their vision to life. The sale includes architectural plans for three 2-bedroom, 1-bath residential units under the current zoning, while maintaining the commercial storefront and parking. Additional plans are also included for a potential zoning conversion to five 2-bedroom, 1-bath residential units, along with the commercial storefront and parking. A strong value-add opportunity with multiple redevelopment possibilities, ideally situated along a busy commercial corridor with excellent visibility and consistent foot and vehicle traffic.
Location
State IL
County Cook
Area Chi - South Lawndale
Zoning MULTI
Interior
Cooling None
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Aluminum Siding
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Listed by Clarissa Vega of Avenue Properties Chicago
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