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$ 249,000
Est. payment | /mo
3,828 SqFt
$ 249,000
Est. payment | /mo
3,828 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,828 sqft
Price per Sqft $65
MLS Listing ID 12786562
Year Built 1893
Annual Tax Amount $2,023
Tax Year 2025
Lot Dimensions 126 x 25
Property Sub-Type Mixed Use
Property Description
Attention investors, developers and experienced rehabbers! Unique masonry multifamily property offering exceptional space, multiple living areas and substantial value-add potential at an attractive new price. The existing configuration includes two 2-bedroom/1-bath living areas and one 3-bedroom/1-bath living area, along with a full finished attic spanning the building. The attic currently features four rooms configured as bedrooms, a living area, recreational space, a bathroom and storage, offering significant potential for future renovation or reconfiguration. The first floor also includes a large former storefront/bar space, an additional flex room, office/bedroom and a bathroom. A detached brick two-car garage provides additional parking and storage. With its masonry construction, multiple residential areas, full finished attic, former commercial space and detached garage, this property presents a unique opportunity for an investor looking for a substantial Chicago rehab, redevelopment or repositioning project. Cook County Assessor records identify the property as Multi Family with Five Apartments, and the property is currently zoned RT-4. The legal unit count and permitted uses have not been verified. Be sure to review the floor plans to fully appreciate the size, layout and potential of this property. Property is being sold AS-IS and is subject to an active City of Chicago building court case and recorded Lis Pendens. Buyers should review applicable records and independently verify legal unit count, permitted uses and future renovation plans.
Location
State IL
County Cook
Area Chi - South Lawndale
Interior
Cooling Window Unit(s)
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
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Listed by Anik Zampini of Coldwell Banker Realty
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