44 E 26th Street #42-58
Chicago, IL, 60616
$2,050,000
Beds
0 Baths
8,694 SqFt
0 Acres
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$2,050,000
44 E 26th Street #42-58
Chicago, IL, 60616
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This 5 unit Commercial Retail property has 5 beautiful spaces with upgrades all done in the last 5 years. Each tenant loves their space and are open to staying if new owner prefers. There is also flexibility if the new owner wants to open a business as well. You have the best of both worlds. The property sits at the bottom of the Bronzeville Lofts which is a professionally managed hoa condo building. The property only has 1 pin which is convenient for the new owner and is currently cash flowing with tenants. The property practically runs itself. An investor would only be responsible for taxes & insurance. Tenants are responsible for everything else per their commercial modified lease agreement. Tenants are responsible for all their own maintenance, hvac, plumbing, & electrical. Location has great exposure to the South Loop and less than 90 seconds from the expressway. Don’t miss out on this amazing 5 unit Commercial Retail Space. Tenants are Salon Sevhn, a luxury hair salon with a long term lease. Guaranteed Rate, a Nationally Recognized residential mortgage lender, Blue Door Dave Real Estate, a local Boutique Real Estate Office, Bronzeville Community Center, a locally RN ran facility to provide office services amongst many others & Exceptional Building Services, a commercial cleaning service.

Property Details

Price:
$2,050,000
MLS #:
MRD12193574
Status:
Active
Beds:
0
Baths:
0
Address:
44 E 26th Street #42-58
Type:
Commercial
Subtype:
Condominium,Neighborhood Storefront
Neighborhood:
CHI – Near South Side
City:
Chicago
Listed Date:
Oct 21, 2024
State:
IL
Finished Sq Ft:
8,694
Total Sq Ft:
8,694
ZIP:
60616
Year Built:
1930

Schools

Interior

Cooling
Central Air
Flooring
Wood

Exterior

Financial

Net Operating Income
$195,142
Tax Year
2023
Taxes
$57,845
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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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44 E 26th Street #42-58
Chicago, IL