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Listed by Anthony Adreaniof Adreani Realty Inc
$ 695,000
Est. payment | /mo
4,600 SqFt
$ 695,000
Est. payment | /mo
4,600 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 4,600 sqft
Price per Sqft $151
MLS Listing ID 12524583
Year Built 1915
Annual Tax Amount $6,502
Tax Year 2023
Lot Dimensions 25X125
Property Sub-Type Mixed Use
Property Description
A Beautiful, up kept, red brick building on the corner of Fullerton and Lowell featuring 4 legal Residential units, and an additional commercial office space. This is a verified 5 unit building on an updated zoning cert. Building has coin-op laundry facilities, massive storage area (perfect for workshop), and parking! This rare mixed-unit beauty is fully rented, fully operational, and self-maintaining with a long-term, carpenter-tenant in-house! This turnkey mixed-use property in vibrant Hermosa Village delivers exceptional investment value with stable, high-yield income. Recent upgrades include a newer roof and tuck-pointing completed in 2021 (Full tear-off). With strong cash flow, a competitive cap rate, and excellent returns, this property is a rare opportunity for savvy investors. (See brokers comments for additional savings on utilities!)
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Office Only
Flooring Wood
Fireplace N
Exterior
View Y/N true
Roof Type Rubber
Building
Foundation Concrete Perimeter
Structure Type Brick
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