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$1,298,000
Est. payment /mo
16,790 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 16,790 sqft
Price per Sqft $77
MLS Listing ID 12547781
Year Built 1923
Annual Tax Amount $32,833
Tax Year 2024
Lot Dimensions 100x150
Property Sub-Type Mixed Use
Property Description
Income producing property. Low taxes. Unique investment opportunity to own this mixed used property. Priced to sell. Situated in North Austin neighborhood with a dense residential community and commercial traffic corridor. Two story brick building on the corner of Chicago and Pine Avenue. Features a total of 22 units and 2 car garage. 14 residential apartments, and 8 commercial units. The 14 residential rental apartments includes 4 apartments with 2 bedrooms; 7 units with 1 bedroom and 3 studio efficiency apartments. Tenants pay electric, gas and electric heat. The main level features 8 separate commercial units. Fenced backyard. With a total projection gross income of 26,375 per month, this property is a true cash flow generator. Large units, desirable layout, and prime income potential - a must-see for serious investors! Sold AS-IS.
Location
State IL
County Cook
Area Chi - Austin
Zoning MULTI
Interior
Cooling None
Flooring Tile, Wood
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Water Available
Building
Dwelling Type Mixed Use
Water Municipal Water
Structure Type Brick,Concrete,Wood
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Listed by Viorel Lozneanu of Hometown Real Estate Group LLC