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$ 999,900
Est. payment | /mo
3,304 SqFt
$ 999,900
Est. payment | /mo
3,304 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,304 sqft
Price per Sqft $302
MLS Listing ID 12436480
Year Built 1914
Annual Tax Amount $8,301
Tax Year 2023
Lot Dimensions 3696
Property Sub-Type Mixed Use
Property Description
Prime Avondale investment opportunity! This 4-unit mixed-use building features two live/work units on the ground floor and two residential apartments above. With quality updates completed within the past 10 years, this property is ideal for long-term investors seeking strong, stable income. Offering a 6.67% cap rate, it's a perfect fit for a growing portfolio or 1031 exchange. Situated in the heart of Avondale-one of Chicago's fastest-rising neighborhoods and nationally ranked among the hottest in the country-this building benefits from high visibility, excellent transit access, and close proximity to local dining, retail, and major expressways. A rare opportunity in a high-demand corridor.
Location
State IL
County Cook
Area Chi - Avondale
Zoning MULTI
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Brick
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Listed by Mark Raffaelli • Jameson Sotheby's Intl Realty
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "