256 W 115th Street
Chicago, IL, 60628
$140,000
Beds
0 Baths
2,008 SqFt
0 Acres
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$140,000
256 W 115th Street
Chicago, IL, 60628
MLS #MRD12291087 img 0MLS #MRD12291087 img 1MLS #MRD12291087 img 2MLS #MRD12291087 img 3MLS #MRD12291087 img 4MLS #MRD12291087 img 5MLS #MRD12291087 img 6MLS #MRD12291087 img 7MLS #MRD12291087 img 8MLS #MRD12291087 img 9MLS #MRD12291087 img 10MLS #MRD12291087 img 11
Prime Investment Opportunity – Mixed-Use Property with High Upside Potential Unlock the full potential of this mixed-use property, perfect for developers and investors looking for their next high-ROI project. This property includes: A two-bedroom, one-bath residential unit ready for value-add upgrades. Ground-floor commercial space ideal for retail or office use. An adjacent vacant parcel offering expansion or new development potential. Basement storage and mechanicals with room for functional improvements. An attic space that could be converted into an additional income-generating unit. With the upcoming Red Line extension, property values and neighborhood demand are set to rise, making this a prime opportunity for a lucrative flip or long-term investment. The estimated After Repair Value (ARV) exceeds 300,000, presenting a strong margin for profitability. Act now-opportunities like this don’t last long!

Property Details

Price:
$140,000
MLS #:
MRD12291087
Status:
Active
Beds:
0
Baths:
0
Address:
256 W 115th Street
Type:
Commercial
Subtype:
Apts/Stores
Neighborhood:
CHI – Roseland
City:
Chicago
Listed Date:
Feb 16, 2025
State:
IL
Finished Sq Ft:
2,008
Total Sq Ft:
2,008
ZIP:
60628
Year Built:
1892

Schools

Interior

Cooling
None

Exterior

Financial

Tax Year
2023
Taxes
$951
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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256 W 115th Street
Chicago, IL