2508 W Chicago Avenue Chicago, IL ^$ 849,900

2508 W Chicago Avenue

^$ 849,900

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2508 W Chicago Avenue

Chicago, IL, 60622

^$ 849,900

Studio Baths0.0 Sq 3,785

Monthly Estimate*

^$ 5,649

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Studio

Commercial Property for sale in Chicago, IL

for $849,900. This 3,785 square foot building was built in 1908 on a lot size of 0.069444.

Mixed use building in Ukrainian Village. Perfect for owner user. This well maintained developer owned building is an excellent opportunity to maximize your rental income potential. First floor commercial unit connected to large heated bi-level storage/warehouse space and 4 car brick heated garage. Two residential units above are 2bedroom one bath remodeled with new kitchens and bath. In unit washer/dryer. Central heat and AC.

Commercial Active

Price

^$ 849,900

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,553

Style

Lot Size

0.069444

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12058303

Features

General

Cooling Central Air

Zoning COMMR

Construction Materials Brick

Year Built 1908

Electric Circuit Breakers

Tenant Pays Air Conditioning Electricity Heat

Stories 3

Township West Chicago

Property SubType Mixed Use

Tax Year 2022

Gross Income 57600

County Cook

Net Operating Income 43600

Operating Expense 14000

Insurance Expense 2500

Property Type Commercial Sale Mixed Use

Status Active

Directions Chicago Ave (800North) one block west of Western Ave

City Chicago

NumberOfUnitsTotal 3

MLS Area CHI - West Town

Lot Size Square Feet 3025

Tax Annual Amount 10553

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 960

Additional Parcels Y/N N

Days on Market 29

Standard Status Active

Interior

Flooring Wood

Exterior

Building Area Total 3785

Lot Dimensions 25X121

Exterior Brick

* Excluded Features

List By

Larisa Ralko

Broker

larisa.ralkorealty@gmail.com

Affordability Calculator

$6,528

Per Month

Monthly Principal & Interest: $5,649
Monthly Property Taxes: $879
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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 ^$845,401

Percent of Sale Price 1%

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
6/7/2024	$849,900	-2.87%	Price Down
5/16/2024	$875,000		Listed Price

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2508 W Chicago Avenue, Chicago, IL, 60622 is a Commercial Property for sale at $849,900 with 3,785 sqft and a lot size of 0.069444. 2508 W Chicago Avenue is a studio with 0.0 baths and was built in 1908. The property's zip code is 60622 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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 6/16/2024.

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2508 W Chicago Avenue

Commercial Property for sale in Chicago, IL

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