10906 S Torrence Avenue Chicago, IL ^$ 269,000

10906 S Torrence Avenue

^$ 269,000

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10906 S Torrence Avenue

Chicago, IL, 60617

^$ 269,000

Studio Baths0.0 Sq 4,000

Monthly Estimate*

^$ 1,879

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Studio

Commercial Property for sale in Chicago, IL

for $269,000. This 4,000 square foot building was built in 1968 on a lot size of 0.137741.

This Beautiful two story brick building has much to offer and can be a great investment. The first floor is hosts to a well established sports bar with dine in food. There is a billiard/ game area plus there is a bocce ball court on the side lot. The entire second floor is setup with a large apartment with 2 full baths and 6 bedrooms. There is a large attached 2 car garage and additional space that can be used by the property owner. Mechanicals have been updated and the entire building is in great shape. Note that with more than 50% of the building being residential living space it is possible that this can be approved for FHA loans permitting a low down payment (CHECK WITH YOUR LENDERS). There are approximately 6 off street parking spots and plenty of street parking as well. Property taxes are based on both parcels with 2 addresses.

Commercial Contingent

Price

^$ 269,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,146

Style

Lot Size

0.137741

Year Built

1968

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11878343

Features

General

Cooling Central Air

Zoning COMMR

Construction Materials Brick

Year Built 1968

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat

Stories 2

Property SubType Apts/Stores

Tax Year 2021

Gross Income 2900

County Cook

Insurance Expense 2100

Property Type Commercial Sale Mixed Use

Contingency Attorney/Inspection

Status Contingent

Directions 103dr st or 106th to Torrence Ave South to address.

City Chicago

Total Units 2

MLS Area CHI - South Deering

Lot Size Square Feet 6000

Street Name Torrence

Tax Annual Amount 1146

Electric Expense 2800

Fuel Expense 1200

Trash Expense 720

Water Sewer Expense 720

Additional Parcels Y/N N

Days on Market 136

Standard Status Active Under Contract

Exterior

Foundation Details Concrete Perimeter

Building Area Total 4000

Lot Dimensions 50 X 120

Exterior Brick

Interior

Street Suffix Avenue

* Excluded Features

List By

Grinker & Garcia Real Estate

Broker

rigosellshouses@yahoo.com

Affordability Calculator

$1,975

Per Month

Monthly Principal & Interest: $1,879
Monthly Property Taxes: $96
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

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 ^$835,035

Percent of Sale Price 210%

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
9/7/2023	$269,000		Listed Price

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10906 S Torrence Avenue, Chicago, IL, 60617 is a Commercial Property for sale at $269,000 with 4,000 sqft and a lot size of 0.137741. 10906 S Torrence Avenue is a studio with 0.0 baths and was built in 1968. The property's zip code is 60617 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 4/28/2024.

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10906 S Torrence Avenue

Commercial Property for sale in Chicago, IL

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