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3335-41 W Chicago Avenue

Chicago, Illinois 60651


Jodi Slutzky
312.927.3326

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$279,900


Square Footage
4,500

Property Type
Commercial / Mixed Use
Neighborhood
Humboldt Park


$55,200 IN ANNUAL RENT FOR A GRM OF 20 AND A CAP RATE OF 12%! WHAT AN OPPORTUNITY TO ACQUIRE THIS MUTLI-USE RETAIL BUILDING IN ONE OF CHICAGO'S MOST UP AND COMING NEIGHBORHOODS! LOCATED ON HIGHLY TRAVELED CHICAGO AVENUE THIS BUILDING IS SITUATED ON A TRIPLE LOT. CONSISTING OF 3 DIVISIBLE UNITS AND ZONING C1-1 CAN ACCOMMODATE A MYRIAD OF USES. TREMENDOUS VALUE ADD POTENTIAL. LOT SIZE IS 73X120 AND LOCATED RIGHT AT THE CORNER OF CHICAGO AVE & CHRISTIANA! BUILDING IS APPROX 4,500 SQ FT AND ONCE HOUSED DAY CARE OF WHICH THE FACILITIES ARE STILL BUILT OUT/REMAINING. RESTAURANT/GROCERY STORE PRESENTLY IN OPERATION AND HAS A YEAR TO YEAR LEASE. DESIGNATED 4 CAR PARKING IN REAR ALONG WITH PLENTY OF STREET PARKING! OWNERSHIP HAS SPENT TENS OF THOUSANDS IN MAJOR MECHANICAL UPGRADES IN THE RECENT YEARS!



Full Features
Built: 1909
Parking Spaces: 4
Cooling System: Central Air,Zoned
Stories: 1
Roof: Membrane,Rubber
Current Use: Commercial
Potential Use: Commercial, Conditional Use, Retail, Other
Zoning: COMMR
Building Square Feet: 4,500
Current Net Income: $33,996


Taxes & Assessments
Taxes: $15,255

Listing Office: Berkshire Hathaway HomeServices Starck Real Estate

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Humboldt Park photo


Humboldt Park

Chicago's Humboldt Park neighborhood, situated just five miles from downtown, is known for its social and ethnic change over the years, as well as its multicultural identity. Today the community boasts socio-economic diversity, along with an increased commitment to community…

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Nearby Public Transportation

CTA Rail

at Conservatory / Central Park Drive (0.79 miles away), Kedzie

Metra
Milwaukee District West, Union Pacific West, Milwaukee District North, North Central Service, Union Pacific North, Union Pacific Northwest, BNSF Railway

at Kedzie Metra (0.52 miles away), Kedzie, Western Ave Metra, Western and others







3335-41 W Chicago Avenue Chicago, Illinois 60651 is a commercial / mixed use property, currently listed at $279,900. Want to learn more about 3335-41 W Chicago Avenue Chicago, Illinois 60651? Contact an @properties agent to request more info.


© 2018 Midwest Real Estate Data, LLC. All Rights Reserved. The accuracy of all information regardless of source including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.