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$780,000
Est. payment /mo
22,628 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 22,628 sqft
Price per Sqft $34
MLS Listing ID 12534325
Year Built 1924
Annual Tax Amount $51,482
Tax Year 2024
Property Sub-Type Mixed Use
Property Description
Available for sale is a portfolio of three adjacent builidngs, formally occupied by a funeral home and located in the heart of Chicago's Austin neighborhood. Situated at at the northeast corner of Long and North Avenues, which is a main artery in the North Austin neighborhood. The site features three masonry buildings across eight lots, totaling 0.57 acres, with a mix of commercial, residential, and garage/shop space. Existing improvements include the corner property which is a two-story mixed-use building plus a basement. The unit mix includes chapel, one, one-bedroom apartment, four studio apartments and a detached garage. The middle property is a one story, part-two story building with a partial basement. The mixed-use property has the funeral home on the first floor and a three-bedroom apartment on the second floor. The third building is a single-story commercial property that consists of office space and a garage/shop area. Positioned along a major West Side corridor, the Austin neighborhood provides strong demographics, high traffic, and convenient access to North Avenue, Central Avenue, I-290, and nearby CTA transit options. With ongoing revitalization and emerging local businesses, this signalized corner at North and Long Avenues offers exceptional visibility and is well-suited for redevelopment, repositioning, or multitenant leasing-an attractive opportunity for investors seeking value and long-term growth.
Location
State IL
County Cook
Area Chi - Austin
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
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Listed by Susan Silver of Millennium Properties RE, Inc.