$ 124,999
5805 W Chicago AVE Chicago, IL 60651
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 124,999
Est. payment /mo
Price Dropped by $24K
5805 W Chicago AVE Chicago, IL 60651
2,520 SqFt
UPDATED:
11/17/2024 06:07 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 2,520 sqft
Price per Sqft $49
MLS Listing ID 12191697
Year Built 1911
Annual Tax Amount $2,531
Tax Year 2023
Lot Dimensions LESS THEN A QUARTER ACRE
Property Description
Located in a thriving community benefiting from significant infrastructure improvements and private development, this property has the potential for an ambitious buyer. Situated in a high-visibility area, this two-story building offers a flexible layout with two commercial units on the first floor, ideal for retail or office use, and a large residential apartment on the second floor. Perfect for an investor or business owner looking for a project, this property needs a complete rehab and requires a skilled buyer ready to handle the upgrades and city code violations. The location and surrounding development make it an attractive investment, with nearby enhancements poised to increase property values and community foot traffic. With vision and expertise, this property can be transformed into a community cornerstone. Seize this opportunity to build something great in the Soul City Corridor. The property doesn't have a full traditional backyard, only right away a small patio on the back. Cash only.
Location
State IL
County Cook
Area Chi - Austin
Zoning COMMR
Interior
Cooling None
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 2
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by La Shawn K. Ford • Ford Desired Real Estate LLC