1705 N Richmond Street Chicago, IL $ 1,245,000
1705 N Richmond Street
$ 1,245,000
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1705 N Richmond Street

Chicago, IL, 60647
$ 1,245,000
Baths0.0

Monthly Estimate*

$ 8,697

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Studio

Commercial Property for sale in Chicago, IL

for $1,245,000. This building was built in 1930 on a lot size of 0.14.

Located in the heart of Chicago's West Town. This property offers over 6000 square feet of space! Great location to develop, re-purpose, or keep as is. R-3 Zoning. Solid building features 3 separate levels of workspace with seating for 300+ in the main auditorium. An extra multipurpose area seats an additional 50+. Perfect youth center space for screen and raised soundboard area. Lower level houses a large open space for group sessions and or dining hall, outfitted with a commercial kitchen that offers 3 stoves and 3 refrigerators, a huge pantry & storage, A Clothes Pantry, separate children's classroom, and 2 updated bathrooms. There are 5 New furnaces and Central Air Conditioners were added that make the entire building zone-controlled with gas forced HV/AC. The roof is approximately 14 years old rates for 30 years. Street parking is available on Richmond, Wabansia, Humboldt Blvd and also has been an arrangement with a nearby lot. If that wasn't enough the property features a 5 bedroom home, that has recently been updated, hardwood floors refinished which is rents for $2,500 per month.

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Commercial Active

Price

$ 1,245,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.14

Year Built

1930

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12012106

Features
General
Cooling Central Air
Construction Materials Brick
Year Built 1930
Tenant Pays None
Stories 2
Township West Chicago
Property SubType Religious Institutions
Tax Year 2021
Current Use Other
County Cook
Net Operating Income 0
Operating Expense 0
Property Type Commercial Sale Instut/To Develop
Possible Use Multi-Family Single Family Special Use Other
Status Active
Directions Armitage Ave East or West to N Richmond Street South on Richmond Street to property.
City Chicago
MLS Area CHI - West Town
Lot Size Square Feet 6145
Waterfront Y/N N
Street Name Richmond
Tax Annual Amount 0
Additional Parcels Y/N N
Days on Market 7
Lease Type N/A
Standard Status Active
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Exterior
Foundation Details Concrete Perimeter
Lot Dimensions 51.3X120.3X51X120.3
Lot Size Acres 0.14
Frontage Type City Street
Exterior Brick
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Interior
Street Suffix Street
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* Excluded Features
List By
Homesmart Realty Group

Broker

nathan@ntregroup.com

Email

Affordability Calculator

$8,697
Per Month
100%
0%
0%
Monthly Principal & Interest
$8,697
Monthly Property Taxes
--
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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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$1,245,000 Listed Price

Map


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1705 N Richmond Street, Chicago, IL, 60647 is a Commercial Property for sale at $1,245,000 with a lot size of 0.14. 1705 N Richmond Street is a studio with 0.0 baths and was built in 1930. The property's zip code is 60647 which is in Chicago, IL