2200 W Irving Park Road Chicago, IL ^$ 989,000

2200 W Irving Park Road

^$ 989,000

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2200 W Irving Park Road

Chicago, IL, 60618

^$ 989,000

Studio Baths0.0

Monthly Estimate*

^$ 6,908

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Studio

Commercial Property for sale in Chicago, IL

for $989,000. This building was built in 1919 on a lot size of 0.104454.

Incredible Opportunity to Own a Value-Add Mixed Use Property on an Oversized Chicago Lot in rapidly appreciating North Center and coveted Coonley School District!!! This property currently consists of Two Individual Storefronts and Four Residential Apartment Units. East Storefront is vacant as well as 1 studio apartment. All four other units including one commercial space and three residential apartments are Month-To Month. Great site for tear down and new development construction in highly desirable CPS Coonley School District!!! Residential Units are a mix of 1 Bedroom and Studio Units!!

Commercial Active

Price

^$ 989,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 14,802

Style

Commercial

Lot Size

0.104454

Year Built

1919

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11469808

Features

General

Cooling None

Utilities Electric to Site Gas to Site Sanitary Sewer Water-Municipal Water to Site

Zoning COMMR

Construction Materials Brick

Year Built 1919

Electric Circuit Breakers

Tenant Pays Electricity Heat

Stories 2

Township Lake View

Property SubType Mixed Use

Tax Year 2022

Current Use Commercial Other

Gross Income 39000

County Cook

Net Operating Income 16564

Insurance Expense 5018

Property Type Commercial Sale Mixed Use

Status Active

Directions East or West On Irving Park Road to the Northwest Corner of Irving Park Road and Leavitt Street.

City Chicago

Total Units 6

MLS Area CHI - North Center

Lot Size Square Feet 4550

Street Name Irving Park

Tax Annual Amount 14802

Electric Expense 1000

Fuel Expense 1000

Trash Expense 0

Water Sewer Expense 1616

Additional Parcels Y/N N

Days on Market 559

Standard Status Active

Exterior

Lot Dimensions 39X115

Exterior Brick

Interior

Street Suffix Road

* Excluded Features

List By

Jakubco Development, Inc

Broker

nick@jakubco.com

Affordability Calculator

$8,142

Per Month

Monthly Principal & Interest: $6,908
Monthly Property Taxes: $1,234
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$832,936

Percent of Sale Price 16%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/17/2023	$989,000	-10.01%	Price Down
7/20/2022	$1,099,000		Listed Price

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2200 W Irving Park Road, Chicago, IL, 60618 is a Commercial Property for sale at $989,000 with a lot size of 0.104454. 2200 W Irving Park Road is a studio with 0.0 baths and was built in 1919. The property's zip code is 60618 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 4/30/2024.

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2200 W Irving Park Road

Commercial Property for sale in Chicago, IL

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