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Listed by Erin Feinermanof @properties Christie's International Real Estate
$ 1,399,000
Est. payment | /mo
$ 1,399,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12301865
Year Built 1900
Annual Tax Amount $20,315
Tax Year 2023
Lot Dimensions 25X127
Property Sub-Type Mixed Use
Property Description
Priced to sell! Rents can go up. 7.8% cap rate! Rehabbed in 2017 - 6 unit mixed use building. One commercial storefront with new 5 year modified gross lease, two 3 bed 1 bath and three 2 bed 1 bath contemporary apartments with eat in kitchen, living room and dining room. New front facade. Hardwood floors. HVAC including A/C. Central air/heat. New light fixtures throughout including ceiling fans. Individual hot water tanks. Thermopane windows with mini blinds. Coin op W/D in basement. Individual storage rooms. Security buzzer system. Large new decks for rear units. Sunny and Bright! Eat in kitchens with custom cabinets. Stainless steel kitchen appliance package. Self cleaning oven with convection. Dishwasher. Built-in microwave. Garbage disposals. Bathroom includes Modern vanity/medicine cabinet with modern lighting. 3 parking spaces. Walking distance to tons of bars and restaurants. Close by the park, easy walk to Chicago Ave/Division St Buses.
Location
State IL
County Cook
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
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2600 S. Michigan Avenue, Suite 102, Chicago, IL, 60616, United States