$288,000
433 W 115th Street
Chicago, IL, 60628
With strong bones and authentic charm, this space offers the kind of raw potential that savvy and experienced investors and creative renovators dream of! Discover the potential of this character-rich red brick MIXED-USE building (B3-1 zoning) located in Chicago’s vibrant location, which encompasses the Roseland and Washington Heights neighborhoods. This versatile property features three spacious 2-bedroom, 1-bath residential units and a street-level commercial storefront, currently operating as a beauty salon/barbershop. A detached 2-car garage adds further value. The building is partially occupied with month-to-month tenants, and current rents are well below market-offering a prime value-add opportunity. While it’s not a blank slate, this building is ready for thoughtful renovations to unlock its full earning potential. Whether you’re an investor seeking your next income-producing project or an owner-occupant with vision, this property offers flexibility, function, and strong upside. A new furnace was installed in January 2025-setting the stage for future improvements. Seize the opportunity to reimagine and revitalize this classic Chicago asset in a neighborhood on the rise.
Property Details
Price:
$288,000
MLS #:
MRD12434285
Status:
Active
Beds:
0
Baths:
0
Address:
433 W 115th Street
Type:
Commercial
Neighborhood:
CHI – West Pullman
City:
Chicago
Listed Date:
Jul 31, 2025
State:
IL
ZIP:
60628
Year Built:
1927
Schools
Interior
Cooling
Window Unit(s)
Exterior
Financial
Tax Year
2023
Taxes
$849
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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433 W 115th Street
Chicago, IL
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