$1,760,897
$1,725,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 05/14/2019
Key Details
Sold Price $1,760,897
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10130935
Sold Date 05/14/19
Year Built 1926
Annual Tax Amount $27,732
Tax Year 2017
Lot Dimensions 33550
Property Sub-Type Mixed Use
Property Description
Coldwell Banker Commercial NRT is pleased to present a mixed-use apartment building located at 643 East 71st Street in Chicago, Illinois. The property is located in Park Manor; an area on the southside of Chicago residing in the Greater Grand Crossing community,approximately nine (9) miles directly south of the Loop, with convenient access to Interstate 90 and 94. The CTA 69th Red Line Station is located one mile northwest of the property. CTA bus stops are conveniently located on 71st Street, which is walking distance from the property. Additionally, Midway International Airport is approximately nine (9) miles northwest of the property. The unit mix is comprised of 27 one-bedroom/one-bathroom units,10 two-bedroom/one-bathroom units,and four retail spaces. The apartment units measure approximately 650 and 800 square feet respectively. The retail spaces measure approximately 1,000 square feet each. The property also features an on-site laundry facility. 10.8% CAP.
Location
State IL
County Cook
Area Chi - Greater Grand Crossing
Zoning MULTI
Interior
Cooling None
Fireplace N
Building
Level or Stories 4
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Bought with Paul Proano • Coldwell Banker Commercial NRT
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "