2620 W 47th Street Chicago, IL ^$ 495,000

2620 W 47th Street

^$ 495,000

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2620 W 47th Street

Chicago, IL, 60632

^$ 495,000

Studio Baths0.0 Sq 3,356

Monthly Estimate*

^$ 3,458

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Studio

Commercial Property for sale in Chicago, IL

for $495,000. This 3,356 square foot building was built in 1918 on a lot size of 0.187328.

GREAT BUILDING!! IN GREAT CONDITIONS, GREAT AREA!! CURRENTLY RENTED. ONE CLOTHING STORE, ONE 7 ROOMS APARTMENT, FULL PARTIALLY FINISHED ATTIC WITH 12X30 REC ROOM, 22X24 NEWER COMMERCIAL GARAGE WITH 12 FEET DOOR, PLUS SIDE LOT 42X122 WITH 10 PARKING SPACES, ALL RENTED GENERATING EXTRA $700. PER MONTH. EVERYTHING HAS BEEN UPDATED. TWO BATHROOMS ON THE STORE WITH CERAMIC TILE, HARDWOOD FLOOR ON THE STORE, CENTRAL AIR CONDITIONER FOR BOTH UNITS, NEWER WINDOWS AND DRYWALL, UPDATED ELECTRIC ON BOTH UNITS, ROOF IS 6 YEARS ALL TENANTS PAY GAS AND ELECTRIC. PERFECT FOR SOMEONE TO RUN THE BUSINESS AND LIVE UPSTAIRS. LOW TAXES, GOOD INVESTMENT. SET YOUR APPOINTMENT BEFORE IS GONE. CONVENTIONAL FINANCING ONLY.

Commercial Active

Price

^$ 495,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,194

Style

Commercial

Lot Size

0.187328

Year Built

1918

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11941623

Features

General

Cooling Central Air

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

Possession Negotiable

Roof Composition

Zoning RTAIL

Construction Materials Concrete Wood Frame

Year Built 1918

Electric Circuit Breakers Service - 201 to 600 Amps

Tenant Pays Air Conditioning Electricity Heat

Stories 2

Property SubType Mixed Use

Tax Year 2022

Current Use Commercial

Gross Income 39120

County Cook

Insurance Expense 3200

Property Type Commercial Sale Mixed Use

Possible Use Commercial Retail

Status Active

Directions Take California Ave to 47th St go East to 2620.

City Chicago

Total Units 2

MLS Area CHI - Brighton Park

Lot Size Square Feet 8160

Street Name 47th

Tax Annual Amount 5194

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 1200

Additional Parcels Y/N Y

Days on Market 64

Lease Type N/A

Standard Status Active

Total Actual Rent 0

Interior

Flooring Vinyl Wood

Street Suffix Street

Exterior

Foundation Details Concrete Perimeter

Building Area Total 3356

Lot Dimensions 67X121.8

Frontage Type City Street Public Road

Exterior Vinyl Siding

* Excluded Features

List By

Re/Max Mi Casa

Broker

ubaldosellshomes@gmail.com

Affordability Calculator

$3,891

Per Month

Monthly Principal & Interest: $3,458
Monthly Property Taxes: $433
Monthly Home Insurance: --

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Interest Rate

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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 ^$833,097

Percent of Sale Price 68%

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
12/8/2023	$495,000		Listed Price

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2620 W 47th Street, Chicago, IL, 60632 is a Commercial Property for sale at $495,000 with 3,356 sqft and a lot size of 0.187328. 2620 W 47th Street is a studio with 0.0 baths and was built in 1918. The property's zip code is 60632 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 4/29/2024.

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2620 W 47th Street

Commercial Property for sale in Chicago, IL

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