3441-57 W 111 Street
Chicago, IL, 60655
$575,000
Beds
0 Baths
0 SqFt
0 Acres
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$575,000
3441-57 W 111 Street
Chicago, IL, 60655
MLS #MRD12708859 image #0MLS #MRD12708859 image #1MLS #MRD12708859 image #2MLS #MRD12708859 image #3MLS #MRD12708859 image #4MLS #MRD12708859 image #5MLS #MRD12708859 image #6MLS #MRD12708859 image #7MLS #MRD12708859 image #8MLS #MRD12708859 image #9MLS #MRD12708859 image #10
IMMEDIATE CASH FLOW ON DAY 1 FROM THIS INCOME-PRODUCING ARM-CHAIR INVESTMENT EASY MONEY MAKING BUILDING. FULLY LEASED, INCOME-PRODUCING 3-UNIT COMMERCIAL STRIP CENTER IN MOUNT GREENWOOD! THIS PROPERTY DELIVERS STEADY CASH FLOW FROM ESTABLISHED, LONG-TERM BUSINESS TENANTS AND BENEFITS FROM EXCELLENT VISIBILITY AND STRONG LOCAL COMMERCIAL DEMAND. PARKING IS AVAILABLE ALONG THE EAST AND WEST SIDES AND ON 111TH STREET. TWO UNITS HAVE BEEN RECENTLY UPGRADED; THE THIRD HOUSES A CONTEMPORARY HAIR SALON AND A LONGTIME INSURANCE OFFICE TENANT (WITH ITS OWN A/C SYSTEM). ALL TENANTS ARE SUCCESSFUL, STABLE OPERATORS. KEY RECENT CAPITAL IMPROVEMENTS INCLUDE A ROOF REPLACED TWO YEARS AGO AND THREE OF THE FOUR SLEEVE A/C UNITS WERE INSTALLED IN 2024-2025 (INCLUDED). MONTHLY ASSOCIATION ASSESSMENT IS $815 AND COVERS EXTERIOR MAINTENANCE (ROOF, GUTTERS, BRICK, LANDSCAPING, AND SNOW REMOVAL), COMMON-AREA INTERIOR PLUMBING AND BOILER, AND HOT-WATER HEATER. ALL HOT-WATER TANKS WERE REPLACED APPROXIMATELY THREE YEARS AGO. THE MEDICAL SUITE INCLUDES THE 11101 S. ST. LOUIS ADDRESS AND FACES WEST. EVERY UNIT FEATURES A DOUBLE ENTRANCE AND IS DIVISIBLE, OFFERING FLEXIBILITY FOR FUTURE RECONFIGURATION. CALL TODAY FOR FINANCIALS AND TO SCHEDULE A TOUR OF THIS FULLY LEASED INCOME PRODUCER IN ONE OF CHICAGO’S MOST ACTIVE NEIGHBORHOOD COMMERCIAL CORRIDORS.

Property Details

Price:
$575,000
MLS #:
MRD12708859
Status:
Active Under Contract
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chimountgreenwood
Listed Date:
Jul 20, 2026
Total Sq Ft:
3,000
Year Built:
1968
Chi – Mount GreenwoodChimountgreenwood

Schools

Interior

Cooling
Wall Sleeve
Flooring
Carpet, Tile, Varies

Exterior

Construction Materials
Brick
Roof
Membrane
Stories
3

Financial

HOA Fee Frequency
Not Applicable
Tax Year
2024
Taxes
$13,732
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Current real estate data for Commercial in Chicago as of Aug 20, 2026
940
Commercial Listed
182
Avg DOM
$1,006,221
Avg List Price

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Property Summary

    3441-57 W 111 Street Chicago IL is a Commercial for sale in Chicago, IL, 60655. It is listed for $575,000 To schedule a showing of MLS#mrd12708859 at 3441-57 W 111 Street in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
3441-57 W 111 Street
Chicago, IL