4040 W Ogden Avenue Chicago, IL ^$ 599,000

4040 W Ogden Avenue

^$ 599,000

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4040 W Ogden Avenue

Chicago, IL, 60623

^$ 599,000

Studio Baths0.0 Sq 19,000

Monthly Estimate*

^$ 4,184

4040 W Ogden Avenue, Chicago, IL 60623 - Image 1

4040 W Ogden Avenue, Chicago, IL 60623 - Image 2

4040 W Ogden Avenue, Chicago, IL 60623 - Image 3

4040 W Ogden Avenue, Chicago, IL 60623 - Image 4

4040 W Ogden Avenue, Chicago, IL 60623 - Image 5

4040 W Ogden Avenue, Chicago, IL 60623 - Image 6

4040 W Ogden Avenue, Chicago, IL 60623 - Image 7

4040 W Ogden Avenue, Chicago, IL 60623 - Image 8

4040 W Ogden Avenue, Chicago, IL 60623 - Image 9

4040 W Ogden Avenue, Chicago, IL 60623 - Image 10

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Studio

Commercial Property for sale in Chicago, IL

for $599,000. This 19,000 square foot building was built in 1930 on a lot size of 0.57.

The JonBerg Group of Baird & Warner Real Estate, INC has been exclusively retained to present a tremendous development opportunity on Chicago's Lawndale development zone. The subject property is located in "Ogden/Pulaski TIF district." It features a one-story building with a total of 1,900 SF, 25,000 SF or (0.57 AC) rectangular-shaped lot area, and C1-2 zoning (Neighborhood Commercial District) - retail storefronts. Allows more business types than B1 districts, including liquor stores, warehouses, and auto shops. Apartments are permitted above the ground floor. *** Excellent frontage on Ogden Avenue of 250.00'. Provides visibility and accessibility to 3 major thoroughfares and invites a substantial opportunity for re/development.

Commercial Active

Price

^$ 599,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 42,176

Style

Commercial

Lot Size

0.57

Year Built

1930

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11988527

Features

General

Cooling Heat Pump

Possession Closing

Zoning COMMR

Construction Materials Brick

Year Built 1930

Electric Service - 201 to 600 Amps

Tenant Pays Other

Stories 1

Tax Year 2021

Current Use Commercial

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 0

Property Type Commercial Sale Industrial

Possible Use Commercial Industrial Development Multi-Family Single Family Zoning Change Required Other

Status Active

Directions Ogden and Pulaski Avenues West on Ogden to Property

City Chicago

MLS Area CHI - North Lawndale

Lot Size Square Feet 25000

Street Name Ogden

Tax Annual Amount 42176

Additional Parcels Y/N Y

Leasable Area 19000

Virtual Tour https://tours.vht.com/BWI/T434370818/nobranding

Days on Market 15

Standard Status Active

Exterior

Foundation Details Block Concrete Perimeter

Building Area Total 19000

Lot Dimensions 250' X 125' X 16.70' X 239.11' X 75.11'

Lot Size Acres 0.57

Interior

Street Suffix Avenue

* Excluded Features

List By

Baird & Warner

Broker

wesley.jonberg@bairdwarner.com

Affordability Calculator

$7,699

Per Month

Monthly Principal & Interest: $4,184
Monthly Property Taxes: $3,515
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 ^$833,097

Percent of Sale Price 39%

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
3/13/2024	$599,000		Listed Price

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4040 W Ogden Avenue, Chicago, IL, 60623 is a Commercial Property for sale at $599,000 with 19,000 sqft and a lot size of 0.57. 4040 W Ogden Avenue is a studio with 0.0 baths and was built in 1930. The property's zip code is 60623 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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4040 W Ogden Avenue

Commercial Property for sale in Chicago, IL

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