11201 S Vincennes Avenue Chicago, IL ^$ 765,000

11201 S Vincennes Avenue

^$ 765,000

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11201 S Vincennes Avenue

Chicago, IL, 60643

^$ 765,000

Studio Baths0.0 Sq 7,800

Monthly Estimate*

^$ 5,344

11201 S Vincennes Avenue, Chicago, IL 60643 - Image 1

Studio

Commercial Property for sale in Chicago, IL

for $765,000. This 7,800 square foot building was built on a lot size of 0.462167.

Location, location, location! Attention Developers and Investors - First time ever available...Turn key operation, long established hardware on the busy S. Vincennes Ave. Minutes from Post Office, Metro South Medical Center, 22nd Precinct and Morgan Park High School. Well established income producing property located in a heavily traveled area. Perfect opportunity for a business or commercial development. This 7,800 sq ft. commercial space could also be combined with the available 6,000 feet next door to create something special. The 20,132 Lot sq footage has ample parking for 26-30 cars. Also has Currency Exchange tenant for additional $2600 monthly income. PROPERTY SOLD "AS-IS" with NO Warranties or Guarantees. 24 Hrs. Notice is Required for Showings. Please do not reach out to owner.

Commercial Active

Price

^$ 765,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 17,642

Style

Retail

Lot Size

0.462167

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12004365

Features

General

Cooling Central Air

Possession Negotiable

Roof Rubber

Zoning COMMR

Electric Separate Meters

Tenant Pays Common Area Maintenance Scavenger Sewer

Stories 1

Tax Year 2022

Current Use Commercial

Business Type Retail

Business Name MONTEREY HARDWARE

County Cook

Operating Expense 0

Property Type Business Opportunity Bus / Bus w/Real Est

Possible Use Commercial

Status Active

Directions East or West on 112th to Vincennes

City Chicago

MLS Area CHI - Morgan Park

Lot Size Square Feet 20132

Waterfront Y/N N

Street Name Vincennes

Tax Annual Amount 17642

Additional Parcels Y/N N

Days on Market 7

Lease Type Gross

Standard Status Active

Ownership Type Individual

Exterior

Building Area Total 7800

Lot Dimensions 134X150

Interior

Street Suffix Avenue

* Excluded Features

List By

Blue Master Llc

Broker

dimita727@hotmail.com

Affordability Calculator

$6,814

Per Month

Monthly Principal & Interest: $5,344
Monthly Property Taxes: $1,470
Monthly Home Insurance: --

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Down Payment

Loan Term

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 ^$834,057

Percent of Sale Price 9%

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
3/14/2024	$765,000		Listed Price

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11201 S Vincennes Avenue, Chicago, IL, 60643 is a Commercial Property for sale at $765,000 with 7,800 sqft and a lot size of 0.462167. 11201 S Vincennes Avenue is a studio with 0.0 baths. The property's zip code is 60643 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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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 4/28/2024.

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11201 S Vincennes Avenue

Commercial Property for sale in Chicago, IL

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