Courtesy of @properties Commercial

1703 W Chicago Avenue

Chicago, IL, 60622

$2,900,000

$2,900,000
Sold
Sold
property_type
Commercial
calendar
Built 2021
Brand new construction, beautiful Mixed-Use building in West Town with tons of visibility on Chicago Ave. One block west of the Ashland/Chicago intersection provides for heavy foot and vehicle traffic all day. This 4-flat building is comprised of 2,345sf of retail storefront (Available for Lease, Black-iron capable) and 3 condo-quality apartments each on their own floor. Each apartment has it's own private outdoor space with beautiful finishes including modern cabinets, hardwood floors, central HVAC, etc. This is perfect for any Owner occupant wanting to run their business out of the storefront and earn passive income with the apartments, or for a completely passive investor to acquire a fully leased, new construction building to collect their check every month. Conservative pro-forma NOI is at $200,000 annually. Area Tenants include Mariano's, Walgreens, Anytime Fitness, Yuzu Sushi, Funkenhausen, Sprout Home, and many more. Close proximity to the Division, Chicago, and Ashland Blueline stops. Multiple bus stops within blocks.
MLS® ID:
11253245
Listed:
10/21/21
Updated:
9/30/22

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Cooling
Central Individual

Exterior/Building Features

Lot Size
3,085 ft² lot

Other Property Details

Area Name
CHI - West Town
Taxes
$5479
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Cook
Pool
No
Total Stories
4

Property History

Date
Event
Price
Value
9/19/22
Sold
-
-

 

Courtesy of @properties Commercial

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Data last updated 9:05 AM UTC, 9/30/22

 

 

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