$499,000
400 E 69th Street
Chicago, IL, 60637
Excellent investment opportunity in the Greater Grand Crossing / Park Manor area. Mixed Residential and Commercial building consisting of 3 Commercial spaces and 7 residential units. The residential unit mix is (2) 3 bedroom units and (5) 2 bedroom units. The commercial unit mix is currently an occupied church, occupied restaurant and an occupied not for profit organization. The church has been there for 5 years and is considered a building hub and staple to the community. There are 6 residential units fully occupied and 1 unit recently renovated and soon to be occupied. There are individual furnaces (7 yrs old), water heaters and electrical panels for all commercial and residential units and 3 AC units for the commercial spaces. The roof was re-coated 3 years ago and the porches and electrical were upgraded to City of Chicago building code 3 years ago The building has 3 separate PIN numbers and is currently cash flowing with potential growth. There is an 18,070 square foot lot adjacent to the building that can be negotiated and included in this deal. Awesome investment for the seasoned investor looking to grow their portfolio.
Property Details
Price:
$499,000
MLS #:
MRD12183675
Status:
Active
Beds:
0
Baths:
0
Address:
400 E 69th Street
Type:
Commercial
Subtype:
Apts/Ofc/Store,Apts/Ofc,Apts/Stores
Neighborhood:
CHI – Greater Grand Crossing
City:
Chicago
Listed Date:
Oct 8, 2024
State:
IL
Finished Sq Ft:
10,508
Total Sq Ft:
10,508
ZIP:
60637
Year Built:
1907
Schools
Interior
Cooling
Central Air
Exterior
Construction Materials
Concrete
Financial
Tax Year
2022
Taxes
$16,049
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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400 E 69th Street
Chicago, IL
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