$750,000
5444 S State Street
Chicago, IL, 60609
**Exciting Investment Opportunity: Your Dream Property Awaits! Fire your landlord and step into the exciting world of property ownership with this unique multi-use property located at the edge of Washington Park! With high foot traffic and exceptional visibility, this is a rare opportunity to establish your business and generate rental income simultaneously. **Property Highlights:**Prime Location:** Situated next to a vibrant Dunkin Donuts and just two blocks from the I-94 Dan Ryan Expressway, ensuring easy access and connectivity. The surrounding area is undergoing renovations, promising growth and increased value. **Versatile Commercial Space:** The first floor features a blank canvas, a 1,700 sq ft vanilla box commercial space with completed drywall and laminate floors. Perfect for an office or restaurant, it comes equipped with ductwork throughout and a half bath, ready for your vision! – **Spacious Residential Living:** The second and third floors boast a large three-bedroom apartment with a den and two full bathrooms, also each floor offering nearly 1,700 sq ft. Enjoy a generous living room, dining room, and a full-size kitchen with abundant cabinet space. The unit is complete with washer and dryer connections, and an enclosed back porch for added charm. **Parking Potential:** Currently, there is off-street parking available, and you can modify the gated area to allow for 2-3 parking spaces. Ample free street parking is also available! – **Convenient Access to Amenities:** Just 5 minutes from the University of Chicago Hospital and surrounded by a plethora of stores and restaurants, experiencing the charm of city living has never been easier. This is a once-in-a-lifetime opportunity to own a property that combines business potential with comfortable living! Don’t miss out on your chance to invest in your future. Schedule your viewing today-this gem won’t last long!
Property Details
Price:
$750,000
MLS #:
MRD12203237
Status:
Active Under Contract
Beds:
6
Baths:
5
Address:
5444 S State Street
Type:
Multi Family
Neighborhood:
CHI – Washington Park
City:
Chicago
Listed Date:
Nov 4, 2024
State:
IL
ZIP:
60609
Year Built:
1886
Schools
School District:
299
Interior
Heating
Natural Gas
Exterior
Parking Features
Off Alley
Parking Spots
2
Financial
Tax Year
2023
Taxes
$2,117
Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.
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Courtesy of Exit Strategy Realty / EMA Management. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
5444 S State Street
Chicago, IL
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