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$925,000

342 E 71st Street
Chicago, Illinois 60619

Closed / MLS #11466418 / Commercial / Mixed Use / Greater Grand Crossing
Listing information updated 1/13/2023 at 12:43pm
Two Buildings in One Package deal. The property consists of 2 bldgs. 342-348 E . 71st Street a mixed use bldg. with 3 store fronts and Four 2 bedroom apartments. The 2nd bldg 7051 S. Calumet Ave is a Three Story 6 units apt bldg. All 6 apartments are 2 bedrooms ( Total Ten 2 Bedrooms Appts & 3 Retail Stores). Both BUILDINGS WERE COMPLETELY REMODELED IN 2018 INSIDE & OUTSIDE ,The 6 Units Building needs new painting and some touch up work .Great Income Generating Properties , With Approximately 15% Cap Rate Potential Pro-Forma .
Built:
1915
Cooling System:
Central Individual,Office Only
Stories:
3
Roof:
Membrane
Current Use:
Commercial
Potential Use:
Multi-Family, Retail
Zoning:
OTHER
Current Net Income:
$140,000
Tax Amount:
$23,219
Tax Year:
2020
Zip Code:
60619
City:
Chicago
County:
Cook

Listing Office: Horizon Realty Brokers, Inc.

Listing Office Phone: 708.923.1755

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 1/13/2023 at 12:43pm. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.

Greater Grand Crossing, IL

Named for its proximity to a historic railroad intersection, Greater Grand Crossing is a community made up of small pocket neighborhoods on Chicago’s South Side. Since the community’s inception at the turn of the 20th century, homes in the popular bungalow style have been a mainstay. But a recen...

CTA

CTA
Green line at King Drive
CTA
Red line at 69th
$216,931
Average Sale Price
104
Average Days On The Market
96%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 342 E 71st Street, Chicago, IL 60619
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342 E 71st Street, Chicago, IL 60619 is a commercial / mixed use which sold for $925,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since July 16th, 2022 and was built in 1915. The nearest transit stops include King Drive CTA Green line.

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