Property Attributes
- MLS#11955500
- TypeCommercial
- CountyCOOK
- CityChicago
- AreaCHI - Beverly
- Zip60643
- Style
- Year Built1968
- Taxes$ 32354
- Price$ 549,900
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage7000
- Lot Size0.432851 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
New Price - Ready to Sell! 10.2 CAP Investment. Come check out this CASH COW retail center on a very busy 103rd St in East Beverly, one of Chicago's best neighborhoods! Consisting of three retail storefronts; a restaurant, a dry cleaner and a food mart, this building presents a lucrative opportunity to own a cash flowing investment with long term leases in place. All units currently occupied with leases in place with the earliest coming due in 2025. All leases have built in rental increases and option periods to extend past the original lease dates. Tenants pay for all utilities (gas, electric and water) and interior unit maintenance. Schedule a showing today!
Price History | |
---|---|
1/4/2024 | Listed $575,000 |
3/19/2024 | 1% - $569,900 |
4/12/2024 | 4% - $549,900 |
General Features
Cooling | Central Air |
---|---|
Utilities | Electric to Site,Gas to Site,Water to Site |
Zoning | RTAIL |
Construction Materials | Concrete |
Year Built | 1968 |
Electric | Circuit Breakers |
Tenant Pays | Air Conditioning,Common Area Maintenance,Electricity,Heat,Janitorial Service,Repairs |
Stories | 1 |
Property SubType | Neighborhood Storefront |
Tax Year | 2021 |
Gross Income | 95009 |
County | Cook |
Net Operating Income | 58853 |
Insurance Expense | 3802 |
Property Type | Commercial Sale |
Status | Active |
Directions | From Vincennes - head West on 103rd st,property is one block up on the right hand side of the street. From Western - head East on 103rd st until hitting cross street of St. Charles,property will be |
City | Chicago |
Total Units | 3 |
MLS Area | CHI - Beverly |
Lot Size Square Feet | 18855 |
Street Name | Charles |
Tax Annual Amount | 32354 |
Additional Parcels Y/N | No |
Days on Market | 112 |
Standard Status | Active |
Property Type | Retail/Stores |
Interior Features
Street Suffix | Street |
---|
Exterior Features
Foundation Details | Concrete Perimeter |
---|---|
Building Area Total | 7000 |
Lot Dimensions | 18855 |
Frontage Type | City Street |
Exterior | Stucco |
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