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bedrooms
bedrooms
0
bathrooms
bathrooms
0
square feet
square feet
2,815
acreage
Acreage
-
open houses
Open Houses
-
year built
year built
1894
full baths
Full Baths
0
half baths
Half Baths
0
Excellent opportunity in South Chicago! This mixed-use building offers a storefront on the ground floor, 2 - two bedroom residential apartments above, and 1 - two bedroom in the rear of main floor. Perfect for investors or those seeking to capitalize on the area's growth. The property is located within a Tax Increment Financing (TIF) district and Small Business Improvement Fund (SBIF) area, providing access to potential grant funding and financial incentives for renovations. Key Features: No city violations and clear title for a smooth transaction. Repaired roof and new gutters ensure the building's exterior is in good condition. New electrical service has been installed. The property requires a full gut rehab, offering you the chance to customize and modernize the space to your vision. With the potential for both business and residential income, this building presents an ideal project for those ready to invest in a growing neighborhood. Take advantage of the available grants and incentives while creating a highly profitable asset! The seller will not be making any repairs nor providing credits toward the buyer's closing costs. Additionally, the furnace will be removed from the property prior to closing. Please note that water, gas, and electricity have been turned off and will not be reactivated for inspections. Agent is related to seller.
Location
Subdivision -
County Cook
Elementary School -
Middle School -
High School -
open houses Open houses
None scheduled.
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MLS number: 12271881
Listing agent: Lorie Sanders #475186439
Listing broker: Real People Realty (708) 634-0103
Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Friday, January 17 2025 at 3:29 p.m. EST
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