Closed

$710,000

Favorite

9,700

square ft

3001 W 111th Street

Chicago, Illinois 60655

Closed / MLS #11775144 / Commercial / Mixed Use / Mount Greenwood

Listing information updated 1/1/2024 at 6:03am

EXCELLENT INVESTMENT OPPORTUNITY! 10%+ CAP RATE WITH ROOM TO IMPROVE! 100% LEASED MIXED USE BUILDING WITH LONG TERM TENANTS. 5000sf DELUXE OFFICE SPACE AND 4 UPDATED RESIDENTIAL APARTMENTS. 7 UNITS TOTAL W/INDIVIDUAL HEAT & A/C. UPDATED KITCHEN & BATHS. 10 CAR PARKING LOT PLUS 13 CAR LEASED PARKING AREA. EXCELLENT LOCATION CLOSE TO SHOPPING, SCHOOLS, & TRANSPORTATION. Excellent investment opportunity. Mixed use building. 5,000 appx square foot deluxe office space and 4 updated residential apartments. 7 units total with individual heat & a/c. Updated kitchen and baths. 10-car parking lot plus 13-car leased parking area. Excellent location close to shopping, schools and transportation.

Full Features

Built:

1900

Cooling System:

Central Individual

Stories:

Roof:

Reflective Coating,Rubber

Current Use:

Office

Potential Use:

Office and Research

Zoning:

COMMR

# of Offices:

Building Square Feet:

9,700

Current Net Income:

$85,418

Taxes & Assessments

Tax Amount:

$9,718

Tax Year:

2022

Location

Zip Code:

60655

City:

Chicago

County:

Cook

Listing Office: Berkshire Hathaway HomeServices Chicago

Listing Office Phone: 708.422.0011

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 1/1/2024 at 6:03am. 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.

Mount Greenwood, IL

Mount Greenwood, one of Chicago's 77 community areas, is located on the city's far southwest side. With a population of approximately 16,000, Mount Greenwood is known for its strong sense of community, close-knit residents, and ample green spaces. This charming neighborhood boasts a diverse range of...

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$305,996

Average Sale Price

Average Days On The Market

98%

Sales Prices VS. List Price

Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.

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3001 W 111th Street is a commercial / mixed use which sold for $710,000. This commercial / mixed use has been listed on @properties since May 4th, 2023 and was built in 1900.