$1,400,000
Active
38 Days Online
0 Beds0 Baths6,970 SQFT
Active

4425 Harlem Avenue Stickney, IL 60402

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4425 South Harlem Avenue, a 10-unit mixed-use building located in Stickney, Illinois. The flexicore-constructed property consists of (6) 1-bed/1-bath units and (4) office suites. The offices are occupied by local service-oriented businesses. The apartment units feature individual HVAC systems, water heaters, and rooftop A/C units. One unit has been gut renovated with an in-unit washer and dryer, dishwasher, vinyl plank flooring, granite countertops, white shaker cabinets, stainless steel appliances and a new bathroom. The remaining units contain carpet and tile flooring, laminate countertops, and white kitchen cabinets. Residential tenants are responsible for their own heat and electricity. Recent capital improvements include a new tear-off roof, gutters, soffits, facia, rooftop A/C units, exterior staircases, and fire sprinkler system. Building amenities include a heated two-car garage, management office, master key entry, common area bathrooms, a pylon sign and 14 parking spaces. New ownership can increase cashflow by bringing rents to market, implementing a utility bill billing system (RUBS) for the office tenants and appealing the 2023 zoning back to a mixed-use classification (2022 zoning: 3-18 Mixed-use, 2023 zoning: 5-17 One story commercial).

  • Property TypeCommercial
  • NeighborhoodN/A
  • CountyCook
  • Taxes$30,016
  • HOA/Condo/Coop Fees$0
  • Days on Site37 Days
  • MLS StatusActive
  • MLS ID Number12115712
  • Home Size Source N/A
  • Year Built1961
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Concrete
  • Electric Circuit Breakers
  • Number of Stories 2
  • Property Sub Type Mixed Use
  • Foundation Concrete Perimeter
  • Zoning COMMR
  • Number Of Stories 2

Interior Features

  • Cooling Window Unit(s)

Exterior Features

  • Construction Details Concrete

Community Features

  • Township Stickney
  • MLS Area Stickney

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Monthly Payment (Est.)

$6,773
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