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$ 274,900
Est. payment /mo
Active
5517 S Halsted Street Chicago, IL 60621
3,750 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,750 sqft
Price per Sqft $73
MLS Listing ID 12346400
Year Built 1894
Annual Tax Amount $13,769
Tax Year 2023
Lot Dimensions 50X123
Property Sub-Type Mixed Use
Property Description
Take advantage of this exciting business opportunity! In the four-bedroom apartment above the storefront, you can join other small business owners living close to their businesses. Property values are rapidly increasing as the area undergoes significant gentrification, with new developments being introduced. This opportunity is situated on a high-traffic street near a major intersection. The property comprises two lots and features a 13-car parking lot, currently leased to an adjacent business. Additionally, the property features a two-car garage. Both the apartment and storefront are presently rented, albeit at a below-market value, which still provides immediate cash flow. The current tenants also cover their utilities. The time to invest is now!
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling None
Flooring Carpet, Vinyl
Fireplace Y
Exterior
Utilities Available Natural Gas Available, Sewer Connected, Water Available
View Y/N true
Roof Type Tar/Gravel
Building
Foundation Concrete Perimeter
Sewer Storm Sewer
Water Municipal Water
Structure Type Brick,Vinyl Siding
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Listed by Milton Payton • RE/MAX 10