Address
9139 S Commercial Avenue, Chicago, IL
Price
$ 450,000
Property Attributes
- MLS#12065556
- TypeMulti-Family
- CountyCOOK
- CityChicago
- AreaCHI - South Chicago
- NeighborhoodSouth Chicago
- Zip60617
- Style
- Year Built1940
- Taxes$ 25050
- Price$ 450,000
- Bedrooms2
- Full Bathrooms0
- Half Bathrooms0
Data Source:
Midwest Real Estate Data (MRED)
Property Description
9139 S. Commercial Avenue is a seven (7) unit mixed-use building in the South Chicago Neighborhood. The property sits steps away from popular retail businesses and four blocks from Lake Michigan, making it an ideal living situation for tenants. Located a block northwest of the 93rd Street South Chicago Metra Station, the property provides quick and easy transit via public transportation to Chicago's Downtown. 9139 S. Commercial Avenue is comprised of one (1) retail and six (6) 2Bd/1Ba units. The retail component is occupied by a care center for children with autism, which has proven to be a loyal tenant. Above this space are open floor plans that present investors with the opportunity to completely renovate the building to include six (6) updated units. 9139 S. Commercial Avenue presents a potential investor with the opportunity to assume favorable retail rental income from a long-term tenant and completely renovate the floors above, which will create a finished product assuming market rents and great cash flow.
| Price History | |
|---|---|
| 5/24/2024 | Listed $450,000 |
General Features
| Year Built | 1940 |
|---|---|
| Tenant Pays | Electricity |
| Stories | 3 |
| Tax Year | 2022 |
| Gross Income | 86484 |
| County | Cook |
| Net Operating Income | 61434 |
| Operating Expense | 25050 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Heading north on S. Commercial Ave,drive past E 92nd Street,where the property sits on the right corner,across from the UPS store. |
| City | Chicago |
| NumberOfUnitsTotal | 7 |
| MLS Area | CHI - South Chicago |
| Street Name | Commercial |
| Tax Annual Amount | 25050.4 |
| Additional Parcels Y/N | No |
| Days on Market | 7 |
| Standard Status | Active |
| Property Type | Multi Family 5+ |
Interior Features
| Street Suffix | Avenue |
|---|
Exterior Features
| Lot Dimensions | 46' X 143' |
|---|
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 Multi-Family Average in 60617
Price
Taxes
Visits
Year Built
