$59.06 Per Sq Foot $2,416 est/mo Sourced by Back At You

3357 W Chicago Avenue,Chicago, IL 60651

Chicago IL, 60651

Share with a friend

Description

Amazing Humboldt Park mixed use development/investment opportunity on 49 * 120 lot with C1-1 zoning in a prime location at the corner of two main streets (Chicago Ave. & Homan Ave.) 10-unit building consisting of two storefronts, one 3 bedroom/1 bath apartment, one 1 bedroom/1 bath apartment and six studios. In addition, there is also a 750-sf brick garage. All units are currently vacant except for 2 apartments. Tenants are month to month and the property will be delivered vacant at closing. Income numbers are based on the most recent rents from when it was last fully occupied. The two storefronts were the home of a liquor store and a restaurant @$2,000/month each, the garage was occupied by an auto body shop @$1,000/month, 8 apartments (six studios @$750/month each, one 1 bed/1 bath @$750/month and one 3 bed/1 bath @$850/month.) All units have separate forced air heat and both storefronts also have central air conditioning. Electrical service to the building was upgraded in 2014. There are 11 separate electric meters and three gas meters servicing the storefronts and the three-bedroom apartment. Roof is 5 years old. Cash buyers only. Building needs work and is sold "As is".

Details

MLS#11954903
Listing TypeFor Sale
StyleTown House
Sub-TypeResale
StatusActive Under Contract
Year1910
Days On Site148
Listing Provided ByKeller Williams Preferred Realty | Michael Frank

Features

SQ Feet7,620
Story(s)2
Units10
ZoningMULTI

Market Activity 60651

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MRED. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 1 minute ago
StateIL
CountyCook
CityChicago
Zip Code60651
AreaCHI Humboldt Park
Listing VS Median (in 60651)
Price:
$450,000
low | high
Med:
$360,000
70% of Average
SqFt:
7,620
low | high
Med:
1,600
100% of Average
$ / SqFt:
$59
low | high
Med:
$225
100% of Average
On Site:
148
low | high
Med:
16
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 5,500 - 9,500
Nearby Listings Property ImageNearby Listings Details
401 N Trumbull Ave Property Photo 1
$0
401 N Trumbull Ave
Chicago, IL 60624
Listing Updated: May 21, 2024 at 9:46:50 PM PDT