400 E 69th Street Chicago, IL 60637
Excellent investment opportunity in the Greater Grand Crossing / Park Manor area. Mixed Residential and Commercial building consisting of 3 Commercial spaces and 7 residential units. The residential unit mix is (2) 3 bedroom units and (5) 2 bedroom units. The commercial unit mix is currently an occupied church, occupied restaurant and an occupied not for profit organization. The church has been there for 5 years and is considered a building hub and staple to the community. There are 6 residential units fully occupied and 1 unit recently renovated and soon to be occupied. There are individual furnaces (7 yrs old), water heaters and electrical panels for all commercial and residential units and 3 AC units for the commercial spaces. The roof was re-coated 3 years ago and the porches and electrical were upgraded to City of Chicago building code 3 years ago The building has 3 separate PIN numbers and is currently cash flowing with potential growth. There is an 18, 070 square foot lot adjacent to the building that can be negotiated and included in this deal. Awesome investment for the seasoned investor looking to grow their portfolio.
- Property TypeCommercial
- NeighborhoodN/A
- CountyCook
- Taxes$16,049
- HOA/Condo/Coop Fees$0
- Days on Site4 Days
- MLS StatusActive
- MLS ID Number12183675
- Home Size Source N/A
- Year Built1907
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction Concrete
- Electric Circuit Breakers
- Number of Stories 2
- Foundation Concrete Perimeter
- Number Of Stories 2
Interior Features
- Cooling Central Air
- Utilities Electric to SiteGas to SiteSanitary SewerWater-MunicipalWater to Site
Exterior Features
- Construction Details Concrete
Community Features
- Township Hyde Park
- MLS Area CHI - Greater Grand Crossing