$449,900
2458 S Sacramento Avenue
Chicago, IL, 60623
Unlock unparalleled investment potential with this mixed-use property, featuring two renovated apartments and a storefront equipped with tens of thousands of dollars in equipment. This cash-generating property includes an adjacent vacant lot, currently used for parking but offering limitless development possibilities. For those looking to maximize returns, consider redeveloping both the existing structure and the adjacent lot. Together, the combined double lot could accommodate a brand-new development with up to six units-four residential and two commercial storefronts-transforming the site into a high-yield, mixed-use property. Alternatively, keep the current structure, make necessary updates, and continue to use the vacant lot for additional parking. With options for immediate income and future growth, this property is an outstanding investment opportunity.
Property Details
Price:
$449,900
MLS #:
MRD12202297
Status:
Pending
Beds:
0
Baths:
0
Address:
2458 S Sacramento Avenue
Type:
Commercial
Subtype:
Apts/Stores
Neighborhood:
CHI – South Lawndale
City:
Chicago
Listed Date:
Nov 5, 2024
State:
IL
ZIP:
60623
Year Built:
1912
Schools
Interior
Cooling
Central Air
Exterior
Financial
Tax Year
2023
Taxes
$4,853
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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2458 S Sacramento Avenue
Chicago, IL
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