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$1,200,000
New Listing

1012 S Western Avenue
Chicago, IL 60612

For Sale|Mixed Use|Active
0
Beds
0
Total Baths
6,678
SqFt
$180
/SqFt
1881
Built
County:
Cook
Call Now: +971-234-5678
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+971-234-5678
1012 S Western Avenue1012 S Western Avenue1012 S Western Avenue1012 S Western Avenue
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Monthly Payment (Est.)

$5,475
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First time for sale in 47 years High exposure Taylor/Western T-intersection. Double storefront with 4 residential units and 2 oversized 2-car garages with very high ceilings. Located in the UIC West Campus "Tri-Taylor" neighborhood. Roosevelt Rd is directly south and I-290 is directly north. The Illinois Medical District and the 4 main hospitals i.e. Rush, UIC, Cook County and West Side VA are walking distance directly east. Perfect opportunity for an armchair investor or and owner/operator. Rapidly developing neighborhood with new construction popping up everywhere The storefronts are newly remodeled as well as one of the four residential units. The other 3 have long term tenants at below market rents. Gross income reflects assumed market rent for storefronts. We have left them empty for the moment for an owner/operator, but can also rent out, for a straight investor. Gross income of $8500/mo is roughly still $1500+ under market rent and this building should easily generate $10,000+/mo in rents. There is also a standing height double basement for storage or other use. Full occupancy at all times. This is truly a one time, once in a generation purchase opportunity

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Listing Snapshot
Price 
$1,200,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,678 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1881
MLS® Number 
12436814
Status 
Active
Property Tax 
$9,315
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
33 minutes agoListing updated with changes from the MLS®
6 hours agoListing first seen on site
General Features
Number Of Stories 
3
Property Sub Type 
Mixed Use
SqFt Total 
6678
Zoning 
COMMR
Interior Features
Cooling 
Central Air
Electric 
Circuit Breakers
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Community Features
MLS Area 
CHI - Near West Side
Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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