1441 W 103rd Street
Chicago, IL, 60643
$1,399,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,399,000
1441 W 103rd Street
Chicago, IL, 60643
MLS #MRD11775757 image #0MLS #MRD11775757 image #1MLS #MRD11775757 image #2MLS #MRD11775757 image #3MLS #MRD11775757 image #4MLS #MRD11775757 image #5MLS #MRD11775757 image #6MLS #MRD11775757 image #7MLS #MRD11775757 image #8MLS #MRD11775757 image #9MLS #MRD11775757 image #10MLS #MRD11775757 image #11MLS #MRD11775757 image #12MLS #MRD11775757 image #13MLS #MRD11775757 image #14MLS #MRD11775757 image #15MLS #MRD11775757 image #16MLS #MRD11775757 image #17MLS #MRD11775757 image #18MLS #MRD11775757 image #19MLS #MRD11775757 image #20MLS #MRD11775757 image #21MLS #MRD11775757 image #22MLS #MRD11775757 image #23MLS #MRD11775757 image #24MLS #MRD11775757 image #25
NEW PRICE! Come check out this ICONIC mixed-use, value-add 12 unit building in Chicago’s incredible East Beverly neighborhood! This all-brick, beautiful building was built in 1904 and contains 6 retail storefronts on the main floor and 6 residential apartments on the 2nd floor. Sitting on busy 103rd street, this property provides retail owners a ton of vehicle and foot traffic to bring in business. Both the apartments and storefronts have been easy to rent quickly with little to no marketing effort. The property sits on a giant lot with a massive garage to the South of the main building. This area provides a ton of opportunity to the new buyer potentially for the addition of more units, storage or covered / enclosed garage space to generate additional revenue. Rents are currently under market with plenty of room for increases with efficient management. The back of the building is also currently used as a small gathering spot for the tenants to relax, play and / or bbq. All tenants have central HVAC for heating and cooling which was upgraded in the early 2000s. Roofs have been resealed in the past 5 years. Over a dozen parking spots in the rear of the building as well. Currently priced at a 7.75 CAP but with better management and getting rents to market this could easily be a 9+ CAP building. This property has unlimited potential and upside with the right plan. Schedule a showing today!

Property Details

Price:
$1,399,000
MLS #:
MRD11775757
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chibeverly
Listed Date:
May 5, 2023
Year Built:
1904
Chi – BeverlyChibeverly

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$116,107
Tax Year
2023
Taxes
$20,973
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Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

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Current real estate data for Commercial in Chicago as of Sep 10, 2025
1,082
Commercial Listed
164
Avg DOM
155
Avg $ / SqFt
$1,043,281
Avg List Price

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Property Summary

    1441 W 103rd Street Chicago IL is a Commercial for sale in Chicago, IL, 60643. It is listed for $1,399,000 To schedule a showing of MLS#mrd11775757 at 1441 W 103rd Street in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
1441 W 103rd Street
Chicago, IL