Sold

1703 W Chicago Avenue

Chicago IL, 60622

$4,791


Sold

Commercial

Built in 2021

Courtesy of @properties Commercial

Brand new construction, beautiful Mixed-Use building in West Town with tons of visibility on Chicago Ave. One block west of the Ashland/Chicago intersection provides for heavy foot and vehicle traffic all day. This 4-flat building is comprised of 2,345sf of retail storefront (Available for Lease, Black-iron capable) and 3 condo-quality apartments each on their own floor. Each apartment has it's own private outdoor space with beautiful finishes including modern cabinets, hardwood floors, central HVAC, etc. This is perfect for any Owner occupant wanting to run their business out of the storefront and earn passive income with the apartments, or for a completely passive investor to acquire a fully leased, new construction building to collect their check every month. Conservative pro-forma NOI is at $200,000 annually. Area Tenants include Mariano's, Walgreens, Anytime Fitness, Yuzu Sushi, Funkenhausen, Sprout Home, and many more. Close proximity to the Division, Chicago, and Ashland Blueline stops. Multiple bus stops within blocks.

11253245

MLS ID

October 22, 2021

Listed

March 28, 2024

Updated

Map

1703 W Chicago Avenue
Chicago IL, 60622

Interior Features

Total Stories

4


Fireplace

No


Cooling

Yes


Cooling Description

Central Individual


Heating

No

Exterior/Building Features

Lot Size

0.07 Acres

Other Property Details

Area Name

CHI - West Town


Taxes

$5,479


Tax Frequency

Annually


Days on Market

329


Garage

No


View

No


County

Cook


Pool

No

Courtesy of @properties Commercial, Brandon Bollig,
Listing Contact: 312-506-0200 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Gillman Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

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©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 3:56 AM UTC, 3/28/2024

 

 

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