2458 W PETERSON Avenue Chicago, IL ^$ 1,800,000

2458 W PETERSON Avenue

^$ 1,800,000

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2458 W PETERSON Avenue

Chicago, IL, 60659

^$ 1,800,000

Studio Baths0.0 Sq 8,000

Monthly Estimate*

^$ 12,574

2458 W PETERSON Avenue, Chicago, IL 60659 - Image 1

2458 W PETERSON Avenue, Chicago, IL 60659 - Image 2

2458 W PETERSON Avenue, Chicago, IL 60659 - Image 3

2458 W PETERSON Avenue, Chicago, IL 60659 - Image 4

2458 W PETERSON Avenue, Chicago, IL 60659 - Image 5

2458 W PETERSON Avenue, Chicago, IL 60659 - Image 6

2458 W PETERSON Avenue, Chicago, IL 60659 - Image 7

2458 W PETERSON Avenue, Chicago, IL 60659 - Image 8

2458 W PETERSON Avenue, Chicago, IL 60659 - Image 9

2458 W PETERSON Avenue, Chicago, IL 60659 - Image 10

2458 W PETERSON Avenue, Chicago, IL 60659 - Image 11

Studio

Commercial Property for sale in Chicago, IL

for $1,800,000. This 8,000 square foot building was built in 1974 on a lot size of 0.135445.

Nine apartments all of which are fully rented, five offices three of which are rented, one large hall that is used for parties or meetings as needed and two store front which are vacant at this time. Hall has two bathrooms and 10 parking spots that rented to the tenants, The potential for growth and value appreciation is significant for someone who has a vision. Prime location, walking distance to a variety of restaurants and retailers as well as a CTA bus stop.

Commercial Active

Price

^$ 1,800,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 32,105

Style

Lot Size

0.135445

Year Built

1974

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12000125

Features

General

Cooling Wall Sleeve

Zoning MULTI

Year Built 1974

Electric Circuit Breakers Service - 201 to 600 Amps

Tenant Pays Electricity Varies by Tenant

Stories 3

Township Jefferson

Property SubType Mixed Use

Tax Year 2022

Gross Income 138000

County Cook

Net Operating Income 86291

Operating Expense 51709

Insurance Expense 3264

Property Type Commercial Sale Mixed Use

Status Active

Directions WEST PETERSON/N CAMPWELL AVE INTERSECTION

City Chicago

Total Units 10

MLS Area CHI - West Ridge

Lot Size Square Feet 5900

Street Name PETERSON

Tax Annual Amount 32105

Electric Expense 2796

Fuel Expense 1891

Trash Expense 2727

Water Sewer Expense 8926

Additional Parcels Y/N Y

Days on Market 43

Standard Status Active

Exterior

Building Area Total 8000

Lot Dimensions 50 X 118

Interior

Street Suffix Avenue

* Excluded Features

List By

Re/Max American Dream

Broker

jsinghremax@gmail.com;jsingh@remax.net

Affordability Calculator

$15,249

Per Month

Monthly Principal & Interest: $12,574
Monthly Property Taxes: $2,675
Monthly Home Insurance: --

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Down Payment

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 ^$829,879

Percent of Sale Price 54%

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
3/18/2024	$1,800,000	-2.91%	Price Down
3/9/2024	$1,854,000		Listed Price

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2458 W PETERSON Avenue, Chicago, IL, 60659 is a Commercial Property for sale at $1,800,000 with 8,000 sqft and a lot size of 0.135445. 2458 W PETERSON Avenue is a studio with 0.0 baths and was built in 1974. The property's zip code is 60659 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 4/27/2024.

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2458 W PETERSON Avenue

Commercial Property for sale in Chicago, IL

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