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$2,190,000
Est. payment /mo
15,000 SqFt
UPDATED:
02/24/2025 06:30 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 15,000 sqft
Price per Sqft $146
MLS Listing ID 12292925
Year Built 1953
Annual Tax Amount $26,773
Tax Year 2023
Lot Dimensions 100X109
Property Sub-Type Mixed Use
Property Description
This 17-unit mixed-use asset is priced to sell at a current 7.8% current cap rate. The property consists of (12) 1br/1ba apartments, (5) commercial spaces, & (9) garage spaces in the rear. The (5) commercial spaces are all currently leases to a total of (3) tenants - E Basket US Inc, Gulshan Restaurant, & Afghan Village. The apartments are all 1br/1ba and feature individual HVAC. Current gross rents total $274,020 annually and there is plenty of room to grow that number. Recent capital improvements include a tear off roof and parapet work in 2021, rebuilt sewer line in 2025, 4/5 newer water heaters, and mostly copper plumbing. Please reach out to listing agent to learn more about this opportunity.
Location
State IL
County Cook
Area Chi - West Ridge
Zoning COMMR
Interior
Cooling Central Air, Central Individual
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 3
Structure Type Brick
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by John Preston • Horvath & Tremblay IL, LLC
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