$140,000
256 W 115th Street
Chicago, IL, 60628
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
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
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