Address
2155 S state Street, Chicago, IL
Price
$ 1,500,000
Property Attributes
  • MLS#12023791
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Near South Side
  • NeighborhoodMcCormick Square
  • Zip60616
  • Style
  • Year Built1965
  • Taxes$ 120000
  • Price$ 1,500,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7800
  • Lot Size0.213499 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description

In the South Loop on the North East corner of Cermak and State, its also adjacent and just West of the Green Line CTA Train Station. 6 retail store Fronts and 1 Residential 1 Bed 1 bath apartment. Zoning DX-5. 2137 S State 1000 sq. Ft, 2 E Cermak 800 sq. Ft, 4 E Cermak, 1000 Sq. Ft, 6 E Cermak 1000 Sq. Ft, 8 E Cermak 1200 Sq. Ft, 10 E Cermak 1500 Sq. Ft, 10 E Cermak #2b 1300 Sq. Feet. Plenty of opportunity and potential, the existing commercial leases are both Triple Net leases. Come see this for yourself. Proof of funds Or Prequal prior to scheduling a showing.

Price History
4/8/2024 Listed $1,500,000

General Features

Cooling Central Air
Zoning COMMR
Year Built 1965
Electric Circuit Breakers
Tenant Pays Air Conditioning,Common Area Maintenance,Electricity,Heat,Other
Stories 2
Township South Chicago
Property SubType Apts/Stores
Tax Year 2022
Gross Income 127200
County Cook
Insurance Expense 3200
Property Type Commercial Sale
Possible Use Retail,Other
Status Active
Directions STATE SOUTH TO CERMAK ( STATE & CERMAK)
City Chicago
Total Units 7
MLS Area CHI - Near South Side
Lot Size Square Feet 9300
Street Name state
Tax Annual Amount 120000
Electric Expense 1200
Fuel Expense 1200
Water Sewer Expense 300
Additional Parcels Y/N No
Days on Market 7
Standard Status Active
Property Type Mixed Use

Interior Features

Street Suffix Street

Exterior Features

Building Area Total 7800
Lot Dimensions 9300

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60616

Price
AVG $480K
$1.5M
Taxes
AVG $32,721
$120,000
Visits
AVG 108
46
Data Provided by Inside Real Estate®
Year Built
AVG 1981
1965

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