Courtesy of Jameson Commercial

1465 W Chicago Avenue

Chicago, IL, 60642

$1,399,000

$211 per ft²
$1,399,000
$211 per ft²
Active
Active
 - For Sale
carpenters-square
6,600 ft²
property_type
Commercial
calendar
Built 1911
Stabilized Four-Unit, Mixed-Use Building For Sale on Chicago Ave., East of Ashland. Located in The Noble Square Neighborhood, this four-unit building has three large apartments, an approximately 1,600 sf store front space, and a full, unfinished basement. All of the apartments are currently rented at below market rents. The apartments are all in good condition but could be improved to significantly increase rents. Second and third floor apartments are both three-bedroom, two-bathroom units of approx. 1,200 sf. All bedrooms are large, with big closets. The top floor apartment is an open space with an interior staircase coming up and into the living area. This unit is particularly unique and also has two bathroom's. All three apartments have working fireplaces, granite counter tops and hardwood floors throughout. The commercial space is currently leased by a national tenant on year two of a five-year lease term and with a five-year option. There is a new deck on the back of the building, built with all necessary permits and per COC code. There is a large two car, brick garage at the rear of the lot. The lot size is approximately 25 X 125. Great location in a great neighborhood: Close to downtown, easy access to the expressway (nearby) and room for growth.
MLS® ID:
11372054
Listed:
4/10/22
Updated:
8/15/22
Jameson Sotheby's International Realty
Luke Wojcik

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Wood
Cooling
Central Air

Exterior/Building Features

Lot Size
3,075 ft² lot
Roof
Membrane, Rubber

Other Property Details

Area Name
CHI - West Town
Taxes
$11652
Tax Frequency
per YEAR
Garage
No
Parking
N
Parking Total
2.0
View
N
County
Cook
Utilities
Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
Pool
No
Total Stories
4
Zoning
COMMR

 

Courtesy of Jameson Commercial

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Data last updated 6:10 PM UTC, 8/15/22

 

 

Jameson Sotheby's International Realty
Luke Wojcik
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