$224.14 Per Sq Foot $3,489 est/mo Sourced by Back At You

1859 E 87th Street,Chicago, IL 60617

Chicago IL, 60617

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Description

Prime Chicago Commercial Investment Opportunity !!!!! This is your chance to invest in the heart of Chicago! Presenting a unique and lucrative investment property that combines the best of both worlds: Six spacious, well-appointed apartments and Six versatile storefronts, all under one roof! This property offers the perfect blend of residential and commercial income. This South Side property has excellent foot traffic, it's located on a main well known Street. This location is surrounded by numerous restaurants, shops, and public transpiration !! All 6 apartments feature 1 bedroom, 1 bath and all similar updates. All 6 apartments are rented and are bringing in income .All 6 versatile storefronts feature large display windows, ideal for entrepreneurs and business looking for prime retail or office space .Each storefront features high visibility and great rental income. 4 Storefronts are leased , 2 are ready for you to bring your vision to life . There are currently two beauty shops, a real estate office, and a mailing center. With a strong rental history and the thriving location, this property promises excellent cash flow and long-term growth potential for investors .The combination of residential and commercial spaces diversifies your income streams, making a robust investment opportunity. Don't miss out on this amazing investment opportunity . Contact me today to schedule a viewing and explore the the potential of this unique property. This property is being sold as is !!!

Details

MLS#11983600
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1963
Days On Site99
Listing Provided ByKeller Williams Preferred Rlty | Kristen Roussev

Features

SQ Feet2,900
Story(s)2
Units12

Market Activity 60617

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Listings Checked: 3 minutes ago
StateIL
CountyCook
CityChicago
Zip Code60617
AreaCHI Calumet Heights
Listing VS Median (in 60617)
Price:
$650,000
low | high
Med:
$230,000
100% of Average
SqFt:
2,900
low | high
Med:
1,560
96.224137931034% of Average
$ / SqFt:
$224
low | high
Med:
$182
68.780607800529% of Average
On Site:
99
low | high
Med:
376.500000
26.294820717131% of Average
Sourced by Back At You
Listing Updated: May 25, 2024 at 2:49:20 PM PDT