Nestled in a vibrant neighborhood close to parks, shops, public transit, and bustling local businesses, this updated property offers a rare investment opportunity. Spanning two separate buildings, it features an impressive, income-generating setup: a 4-unit residential section plus a restaurant space, totaling 7 bedrooms and 4 full bathrooms. The front building boasts a highly visible restaurant or commercial space on the ground floor, drawing steady foot traffic, with a spacious 2-bedroom, 1-bath apartment above and a full basement below. Coin-operated laundry in the basement provides extra income for the owner. The rear building enhances the property's value with two additional 2-bedroom, 1-bath apartments and a basement unit. A 1-car garage adds convenience, while tenants covering all utilities keeps expenses low. The mixed-use design means you benefit from both residential and commercial tenants, ensuring a diverse and steady income stream.
| MLS # | 12663457 |
|---|---|
| Listing Type | For Sale |
| Style | Multi Family 5+ |
| Sub-Type | Resale |
| Status | Active |
| Year | 1891 |
| Days On Site | 61 |
| Listing Provided By | Berkshire Hathaway HomeServices Chicago | Tatiana Perry |
| SQ Feet | 4,150 |
|---|---|
| Story(s) | 2 |
| Units | 5 |
| Cooling | Central Air |
|---|
| Construction Materials | Brick |
|---|
| Electric | Other |
|---|
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 8795 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60608 |
| Area | CHI South Lawndale |
| Listing VS Median (in 60608) | |
Price: $795,000 low | high Med: $328,000 sqft: 4,150 low | high Med: 730 $ / sqft: $192 low | high Med: $449 On site: 61 low | high Med: 26 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60608 |
| Area | CHI South Lawndale |
| Listing VS Median (in 60608) | |
Price: $795,000 low | high Med: $328,000 sqft: 4,150 low | high Med: 730 $ / sqft: $192 low | high Med: $449 On site: 61 low | high Med: 26 | |