
Property Attributes
- MLS#11095454
- TypeCommercial
- CountyCOOK
- CityChicago
- AreaCHI - Norwood Park
- NeighborhoodNorwood Park East
- Zip60646
- StyleOffice
- Year Built1955
- Taxes$ 8049
- Price$ 799,990
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7813
- Lot Size6,542 SqFt
Listing Provided Courtesy Of:
Arc Red Inc Arc Realty Group
Data Source:
Midwest Real Estate Data (MRED)
Property Description
For sale investors or owners! Netting annual income of $68,488. Looking for a large mix-use property in East Norwood Park? Check out this large brick two story building in high traffic area on Milwaukee Ave., with great exposure on the corner with a plenty parking around. Recently updated & remodeled 2019. The first floor has over 5000 sq ft of retail space (formal book store with back warehouse area with unloading side door) with multiple entry points. Subdivided to 4 different tenants and host multiple businesses. The second floor has 2 apartments: a 4 bed/1 bath apt and 1 bed/1 bath apt rented M/M. 9 parking spaces Great area that's close to the highways, restaurants, shopping and public transportation. The building is good for owner live-work situation or investment, tenants pays their own utilities call for more details or showing listing broker.
Price History | |
---|---|
5/20/2021 | Listed $868,000 |
11/2/2021 | 1% - $859,900 |
11/23/2021 | 2% - $849,900 |
3/17/2022 | 2% - $834,900 |
3/22/2022 | 1% - $829,900 |
4/22/2022 | 4% - $799,990 |
General Features
Additional Parcels Y/N | Yes |
---|---|
City | Chicago |
Cooling | Central Air |
County | Cook |
Current Use | Office |
Days on Market | 362 |
Directions | Take Bryn Mawr east to Milwaukee Ave, take left and go north to property. Property located on east side |
Electric | Circuit Breakers |
Electric Expense | 600 |
Fuel Expense | 1440 |
Grossincome | 88800 |
Insurance Expense | 3960 |
Lot Size Square Feet | 6542 |
MLS Area | CHI - Norwood Park |
Net Operating Income | 68487 |
Operatingexpense | 9600 |
Possession | Closing |
Property Type | Commercial Sale |
Property Type | Mixed Use |
Standard Status | Active |
Status | Active |
Stories | 2 |
Street Name | Milwaukee |
Tax Annual Amount | 8049 |
Tax Year | 2020 |
Tenant Pays | Air Conditioning, Electricity, Heat, Scavenger, Sewer |
Total Units | 3 |
Township | Jefferson |
Trash Expense | 2400 |
Water Sewer Expense | 1200 |
Year Built | 1955 |
Zoning | RTAIL |
Interior Features
Street Suffix | Avenue |
---|
Exterior Features
Building Area Total | 7813 |
---|---|
Exterior | Brick |
Foundation Details | Concrete Perimeter |
Lot Dimensions | 6542 SQ FT |
Total Parking | 9 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool