10559 S Avenue M Chicago, IL $ 499,000
10559 S Avenue M
$ 499,000
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10559 S Avenue M

Chicago, IL, 60617
$ 499,000
Baths0.0 Sq 2,580

Monthly Estimate*

$ 3,486

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Studio

Commercial Property for sale in Chicago, IL

for $499,000. This 2,580 square foot building was built in 1946 on a lot size of 0.057392.

Two buildings on one lot. The front building is an exceptionally large single family brick house. Sales Price includes both buildings. (Business is not included.) It has hardwood floors throughout most of the building. The main floor has 3 bedrooms, living rm. kitchen, large dining room and a full bath. The second floor has 2 bedrooms. The rear building is rented out as a restaurant, the current lease is month to month. This is a well sought location and can be an excellent opportunity to overlook your business from home. Or have the rental income help pay the building. Property has 2 addresses on one pin #. Taxes are based on no exemptions. Make this your dream come true!

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Commercial Active

Price

$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,983

Style

Lot Size

0.057392

Year Built

1946

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11898010

Features
General
Cooling Window Unit(s)
Zoning COMMR
Construction Materials Brick
Year Built 1946
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Repairs
Stories 2
Township Hyde Park
Property SubType Apts/Stores
Tax Year 2021
Gross Income 5000
County Cook
Insurance Expense 2400
Property Type Commercial Sale Mixed Use
Status Active
Directions Ewing Avenue to 106th St to address.
City Chicago
Total Units 2
MLS Area CHI - East Side
Lot Size Square Feet 2500
Street Name Avenue M
Tax Annual Amount 7983
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 840
Additional Parcels Y/N N
Days on Market 8
Standard Status Active
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Exterior
Building Area Total 2580
Lot Dimensions 20 X 125
Exterior Brick
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* Excluded Features
List By
Grinker & Garcia Real Estate

Broker

rigosellshouses@yahoo.com

Email

Affordability Calculator

$4,151
Per Month
84%
16%
0%
Monthly Principal & Interest
$3,486
Monthly Property Taxes
$665
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/5/2023$499,000 Listed Price

Map


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10559 S Avenue M, Chicago, IL, 60617 is a Commercial Property for sale at $499,000 with 2,580 sqft and a lot size of 0.057392. 10559 S Avenue M is a studio with 0.0 baths and was built in 1946. The property's zip code is 60617 which is in Chicago, IL