$499,000
Active
3 Days Online
0 Beds0 Baths7,620 SQFT
Active

3357 W Chicago Avenue Chicago, IL 60651

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Amazing Humboldt Park mixed use development/investment opportunity on 49 * 120 lot with C1-1 zoning in a prime location at the corner of two main streets (Chicago Ave. & Homan Ave.) 10-unit building consisting of two storefronts, one 3 bedroom/1 bath apartment, one 1 bedroom/1 bath apartment and six studios. In addition, there is also a 750-sf brick garage. All units are currently vacant except for 2 apartments. Tenants are month to month and the property will be delivered vacant at closing. Income numbers are based on the most recent rents from when it was last fully occupied. The two storefronts were the home of a liquor store and a restaurant @$2, 000/month each, the garage was occupied by an auto body shop @$1, 000/month, 8 apartments (six studios @$750/month each, one 1 bed/1 bath @$750/month and one 3 bed/1 bath @$850/month.) All units have separate forced air heat and both storefronts also have central air conditioning. Electrical service to the building was upgraded in 2014. There are 11 separate electric meters and three gas meters servicing the storefronts and the three-bedroom apartment. Roof is 5 years old. Cash buyers only. Building needs work and is sold "As is".

  • Property TypeMulti-Family
  • NeighborhoodN/A
  • CountyCook
  • Taxes$4,286
  • HOA/Condo/Coop Fees$0
  • Days on Site3 Days
  • MLS StatusActive
  • MLS ID Number12082795
  • Home Size Source N/A
  • Year Built1910
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Brick
  • Electric Circuit Breakers
  • Number of Stories 2
  • Zoning MULTI
  • Number Of Stories 2

Interior Features

  • Cooling Central Air
  • Fireplaces 0
  • Utilities Sewer-Storm AvailableWater-MunicipalWater to Site

Exterior Features

  • Construction Details Brick

Community Features

  • Township West Chicago
  • MLS Area CHI - Humboldt Park

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Monthly Payment (Est.)

$2,642
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