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$400,000
8,700
square ft

314 E 75th Street
Chicago, Illinois 60619

Closed / MLS #11763145 / Commercial / Mixed Use / Greater Grand Crossing
Listing information updated 8/14/2023 at 5:23pm
Excellent investment opportunity in the heart of Park Manor. Mixed Residential and commercial building consisting of 3 occupied stores Featuring Mabe's Deli as the business hub. There are also 8 1 bedroom 1 bath apartments and a 5 car brick garage for additional income with minor deferred maintenance. All mechanics are newer and in excellent condition. This building is currently cash flowing with pre-determined rent increases coming soon. Existing Cap Rate is 13 and Pro Forma Cap Rate of 18. Building can be purchased as a package deal with 301 E. 75th St if desired.
Built:
1924
Parking Spaces:
5
Cooling System:
Central Air,Central Individual,Window Unit(s)
Stories:
3
Building Square Feet:
8,700
Current Net Income:
$60,305
Tax Amount:
$16,423
Tax Year:
2021
Zip Code:
60619
City:
Chicago
County:
Cook

Listing Office: eXp Realty, LLC

Listing Office Phone: 888.574.9405

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 8/14/2023 at 5:23pm. 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
Red line at 79th
$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 314 E 75th Street, Chicago, IL 60619
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314 E 75th Street, Chicago, IL 60619 is a commercial / mixed use which sold for $400,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since April 19th, 2023 and was built in 1924. The nearest transit stops include 79th CTA Red line.

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