$640,000
$595,000
7.6%For more information regarding the value of a property, please contact us for a free consultation.
5,115 SqFt
SOLD DATE : 04/18/2022
Key Details
Sold Price $640,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 5,115 sqft
Price per Sqft $125
MLS Listing ID 10940441
Sold Date 04/18/22
Year Built 1955
Annual Tax Amount $28,624
Tax Year 2019
Lot Dimensions 108X116
Property Sub-Type Mixed Use
Property Description
Retail property and large 3 bedroom apartment for sale. Property is directly adjacent to FREE CITY PARKING, City provided front parking for customers, No taxes or maintenance on City Parking. Significant sidewalk and ingress/egress improvements in progress with Milwaukee Avenue resurfacing. Interior ready for gut rehab and new concept: possible brewery, daycare, restaurant or other retail options. Smoker still in place for restaurant, brewery or deli concepts. Strong potential for redevelopment and/or site improvements. Occupy one unit and offset costs by renting the other. Rear lot (triangular) with 18-20 car parking and 3 car garage available as well for an additional $189,000.
Location
State IL
County Cook
Area Niles
Zoning COMMR
Interior
Cooling Partial
Fireplace N
Building
Level or Stories 2
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Bought with Randy Famacion • Homeland Realty, Inc.
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "