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Exclusive Listing
$776,000
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4,600
square ft

1948 N Leavitt Street

Chicago, Illinois 60647
Closed / MLS #10654754 / Commercial / Mixed Use / Logan Square
Listing information updated 8/18/2020 at 1:03pm
Corner lot with 100' frontage, mixed use building for sale (zoned C1-1) ~ approx 4,000 sq ft plus 600 sq ft attached garage ~ Buctown/Logan Square. Fully leased gross rent $89,000/year. Two story frame building currently utilized as commercial office on street level (with full unfinished basement & attached garage) & 3 bedroom/2 full bath renovated apartment on 2nd floor. Great location only 9 minute walk to Western Blue Line Station. Full 100' exposure on Armitage for business signage. Apartment completely rehabbed in 2005 (plumbing, electric, windows, flooring, kitchen, baths) with enclosed porch & 400 sq ft roof top deck (see photos). 2005 new tear off roof, modified granular bitumen 25 year life. Commercial & residential tenants pay all utilities except water/sewer. Attached over sized brick garage & basement used by commercial tenant. Low maintenance & annual expenses. Gross rent $89,000 per year: Long time apartment tenants lease thru April 30, 2021 @$2,900/mo; commercial lease thru March 6, 2021 @$4,500/mo.

Full Features

Built:
1878
Parking Spaces:
1
Cooling System:
Central Air
Stories:
2
Current Use:
Commercial
Potential Use:
Commercial, Office and Research, Retail, Other
Zoning:
COMMR
# of Offices:
1
Building Square Feet:
4,600
Current Net Income:
$75,887

Taxes & Assessments

Tax Amount:
$9,523
Tax Year:
N/A

Location

Zip Code:
60647
City:
Chicago
County:
Cook
Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Logan Square, IL

Logan Square proves that it is hip to be square after all. The neighborhood attracts residents with its artistic vibe, park-like boulevards, and thriving dining scene. The Logan Square Boulevards District, lined with beautiful homes and mature trees, is a designated Chicago landmark. Although it’s...

CTA

CTA
Blue line at Western

Metra

Metra
Union Pacific North line at Clybourn Metra
Metra
Union Pacific Northwest line at Clybourn
$690,376
Average Sale Price
55
Average Days On The Market
99%
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 1948 N Leavitt Street, Chicago, IL 60647

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1948 N Leavitt Street is a commercial / mixed use which sold for $776,000. This commercial / mixed use has been listed on @properties since March 3rd, 2020 and was built in 1878. The nearest transit stops include Western CTA Blue line and Clybourn Metra Metra Union Pacific North line.

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