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$ 249,000
Est. payment | /mo
3,828 SqFt
$ 249,000
Est. payment | /mo
3,828 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,828 sqft
Price per Sqft $65
MLS Listing ID 12786562
Year Built 1893
Annual Tax Amount $4,015
Tax Year 2023
Lot Dimensions 126 x 25
Property Sub-Type Mixed Use
Property Description
Attention investors, developers and experienced rehabbers. Unique masonry multifamily property offering exceptional space, multiple living areas and substantial value-add potential at an attractive new price. Cook County Assessor records identify the property as Multi Family with Five Apartments, and the property is currently zoned RT-4. The existing configuration includes two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, along with a full finished attic spanning the building. The attic currently features four bedrooms, a living area, recreational space, a bathroom and storage, offering significant flexibility for future renovation or reconfiguration subject to applicable approvals. The first floor also includes a large former storefront/bar space, an additional room that may function as a bedroom, office or flex space, and a bathroom. A detached brick two-car garage provides additional parking and storage. With its masonry construction, multiple residential areas, full finished attic, former commercial space and detached garage, this property presents a unique opportunity for an investor looking for a substantial Chicago rehab, redevelopment or repositioning project. Be sure to review the floor plans to fully understand the size, layout and potential of the property. Property is being sold AS-IS. Buyer to perform all due diligence regarding zoning, legal unit count, permitted uses, occupancy, building condition and any future renovation or redevelopment plans.
Location
State IL
County Cook
Area Chi - South Lawndale
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
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Listed by Anik Zampini of Coldwell Banker Realty