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$ 274,900
Est. payment | /mo
2,860 SqFt
$ 274,900
Est. payment | /mo
2,860 SqFt
Key Details
Property Type Commercial
Sub Type Office/Tech
Listing Status Active
Purchase Type For Sale
Square Footage 2,860 sqft
Price per Sqft $96
MLS Listing ID 12713175
Year Built 1965
Annual Tax Amount $12,058
Tax Year 2024
Lot Dimensions 120 X 26
Property Sub-Type Office/Tech
Property Description
Outstanding Owner-User or Investor Opportunity! Situated on highly desirable, high-traffic Diversey Avenue, this commercial property offers exceptional visibility and endless potential. The building is currently configured into seven separate commercial tenant spaces, with all tenants on flexible month-to-month leases, providing immediate flexibility for an owner-user, investor, or developer. The property does require renovations and is being sold as-is, making it an ideal opportunity for buyers looking to add value. Whether you choose to renovate the existing building and continue operating it as an income-producing investment, lease the spaces in their current configuration with improvements over time, or pursue a complete redevelopment, the possibilities are substantial. Zoned B3-1, the property offers excellent redevelopment potential in one of Chicago's established commercial corridors. This is a rare chance to acquire a property with current income, future upside, and the flexibility to execute your vision in a prime location.
Location
State IL
County Cook
Area Chi - Belmont Cragin
Zoning OFFIC
Interior
Cooling Central Air
Fireplace N
Exterior
Roof Type Rubber
Building
Dwelling Type Office/Tech
Structure Type Brick
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Listed by Alia Kolovic of Century 21 Circle