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2232 W Irving Park Road
Chicago, IL, 60618
$1,599,000
Beds
0 Baths
0 SqFt
0 Acres
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$1,599,000
2232 W Irving Park Road
Chicago, IL, 60618
MLS #MRD12299630 img 0
Amazing Eight Unit Multi-Family/Mixed Use Property on Oversized Chicago Lot comprising of Six Residential Apartments and 2 Commercial Storefronts in coveted North Center/St. Ben’s/Coonley School District!!!!! Northcenter is one of the most rapidly appreciating neighborhoods in Chicago with many large Apartment Projects recently constructed as well as ready to be constructed in the near term. This property is walking distance to CTA Brown Line Rail Service and CTA Bus Transit Service to Brown Line, Red Line and Blue Line Rail Lines. Walking distance to Walgreens and many new Boutique style retail/service business and nightlife. Six out of the Eight Units have been gutted to the studs with high quality finishes. The property consists of 2 Spacious One Bedroom Apartments and 4 Studio Apartments along with 2 Commercial Storefront. All units have separate HVAC, separate hot water tanks for specific units and all tenants pay their own utilities. Updated Mechanicals, HVAC Systems, Electrical and Finishes and exterior porch upgrades. Recent Tear Off Roof, Parapet Wall Tuckpointing including lintel replacements, rear stairway upgrades, updated Common Areas with Separate Common Coin Laundry Room and 2 Car Garage for additional income. Perfect for the owner-occupied investor, Buyer who is looking to operate their own business or long term buy and hold. Low Taxes as Well!!! Property is Being Sold As-Is!!!!

Property Details

Price:
$1,599,000
MLS #:
MRD12299630
Status:
Active
Beds:
0
Baths:
0
Address:
2232 W Irving Park Road
Type:
Commercial
Neighborhood:
CHI – North Center
City:
Chicago
Listed Date:
Feb 26, 2025
State:
IL
ZIP:
60618
Year Built:
1927

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$95,351
Tax Year
2023
Taxes
$17,192
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Ask a Question
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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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2232 W Irving Park Road
Chicago, IL
2232 W Irving Park Road
Chicago, IL, 60618
$1,599,000
Beds
0 Baths
0 SqFt
0 Acres
Add
Add
$1,599,000
2232 W Irving Park Road
Chicago, IL, 60618
MLS #MRD12299676 img 0
Amazing Eight Unit Multi-Family/Mixed Use Property on Oversized Chicago Lot comprising of Six Residential Apartments and 2 Commercial Storefronts in coveted North Center/St. Ben’s/Coonley School District!!!!! Northcenter is one of the most rapidly appreciating neighborhoods in Chicago with many large Apartment Projects recently constructed as well as ready to be constructed in the near term. This property is walking distance to CTA Brown Line Rail Service and CTA Bus Transit Service to Brown Line, Red Line and Blue Line Rail Lines. Walking distance to Walgreens and many new Boutique style retail/service business and nightlife. Six out of the Eight Units have been gutted to the studs with high quality finishes. The property consists of 2 Spacious One Bedroom Apartments and 4 Studio Apartments along with 2 Commercial Storefront. All units have separate HVAC, separate hot water tanks for specific units and all tenants pay their own utilities. Updated Mechanicals, HVAC Systems, Electrical and Finishes and exterior porch upgrades. Recent Tear Off Roof, Parapet Wall Tuckpointing including lintel replacements, rear stairway upgrades, updated Common Areas with Separate Common Coin Laundry Room and 2 Car Garage for additional income. Perfect for the owner-occupied investor, Buyer who is looking to operate their own business or long term buy and hold. Low Taxes as Well!!! Property is Being Sold As-Is!!!!

Property Details

Price:
$1,599,000
MLS #:
MRD12299676
Status:
Active
Beds:
0
Baths:
0
Address:
2232 W Irving Park Road
Type:
Commercial
Neighborhood:
CHI – North Center
City:
Chicago
Listed Date:
Feb 26, 2025
State:
IL
ZIP:
60618
Year Built:
1927

Schools

Interior

Cooling
Central Air

Exterior

Construction Materials
Brick

Financial

Net Operating Income
$95,351
Tax Year
2023
Taxes
$17,192
Need more info?
Ask a Question
Ready to go see it?
Schedule a Showing

Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.

More About Debra

Mortgage Calculator

 

Map

Similar Listings Nearby