2414 S Wentworth AVE, Chicago, IL 60616 – 12164307 - Sara Macak

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Sara Macak

saramacak1@gmail.com +1(630) 207-6658

$2,200,000

Est. payment - /mo

6,550 SqFt

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UPDATED:

11/10/2024 01:09 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,550 sqft

Price per Sqft $335

MLS Listing ID 12164307

Year Built 1977

Annual Tax Amount $15,791

Tax Year 2023

Lot Dimensions 25X110

Property Description

Seize this rare and exceptional opportunity to own a meticulously maintained 3-story commercial-residential mixed-use building, ideally situated in the heart of vibrant Chinatown. Built just 47 years ago, this property combines modern appeal with prime location. The first and second floors, along with the basement, are currently leased to a well-established, featuring multiple private dining rooms on the second floor, ensuring strong rental income potential. The third floor features two residential units, both currently rented below market value, presenting an excellent opportunity for increased rental income. The front unit consists of 2 bedrooms, 1 den, and 2 bathrooms, and has been recently upgraded with new flooring, a new stove, a new refrigerator, and fresh paint. The rear unit includes 2 bedrooms and 1 bathroom. Both units are outfitted with central heating and cooling systems, ensuring year-round comfort. Additionally, the building's roof was replaced six years ago, offering long-term durability and peace of mind for the future owner. Positioned in a highly desirable location with immediate access to popular shops, renowned restaurants, and public transportation, this property is a prime investment opportunity. Chinatown continues to thrive, making this an unmatched chance to capitalize on its growth and energy. Don't miss out on owning a premium piece of real estate in one of the city's most sought-after areas. This is a must-see property for investors or buyers looking for strong returns and long-term value. Contact us today to schedule a viewing and secure this outstanding investment!

Location

State IL

County Cook

Area Chi - Armour Square

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 3

Structure Type Brick,Concrete,Block

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Listed by ManChing Ng • Mango Realty Group

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Sara Macak

Broker | License ID: 475.193648

+1(630) 207-6658