4425 Harlem Avenue
Stickney, IL, 60402 $ 1,379,900
Bedrooms-- Baths-- Sq 6,970 for $1,379,900. This 6,970 square foot property was built in 1961 on a lot size of 0.24961.
Exceptional Investment Opportunity - 11-Unit Mixed-Use Building in Stickney, IL. This building is a well-maintained, flexicore-constructed 11-unit mixed-use asset. This versatile property features six (6) residential 1-bedroom, 1-bathroom apartments and four to five (4-5) office suites, The building includes a secure, income-producing tenant who intends to remain for the foreseeable future. The residential units are separately metered, each equipped with individual HVAC systems, water heaters, and rooftop A/C units. One apartment has been fully renovated with premium finishes, including an in-unit washer and dryer, stainless steel appliances, white shaker cabinetry, granite countertops, vinyl plank flooring, and a modernized bathroom-providing a strong model unit for potential rent increases. The remaining apartments offer a mix of carpet and tile flooring, laminate countertops, and white kitchen cabinetry, allowing for value-add potential through interior upgrades. Recent capital improvements enhance the building's longevity and tenant appeal, including a new tear-off roof, gutters, soffits, fascia, rooftop A/C units, exterior staircases, and a fire sprinkler system. Property amenities include a heated two-car garage, on-site management office, master key entry system, common area restrooms, a prominent pylon sign, and 14 dedicated parking spaces. The residential tenants are currently paying their own heat and electricity, there is immediate upside for investors through rent increases, implementation of a RUBS program for the office tenants, and restoration of the property's original mixed-use zoning classification (2022: 3-18 Mixed-Use; 2023: 5-17 One-Story Commercial). This is a rare chance to acquire a stable, income-generating property with multiple value-add strategies and strong long-term growth potential. Don't miss the opportunity to invest in one of Stickney's most strategic mixed-use assets!
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FeaturesGeneralCooling Central Air Wall Sleeve
Possession Immediate
Zoning COMMR
Construction Materials Brick Concrete Stucco
Year Built 1961
Electric Circuit Breakers
Tenant Pays Heat
Stories Count 2
Township Stickney
Property Subtype Mixed Use
Tax Year 2023
Current Use Commercial
Gross Income 138000
County Cook
Net Operating Income 91801
Operating Expense 46199
Insurance Expense 5866
Property Type Commercial Sale Mixed Use
Status Active
Directions Harlem Ave south of Pershing Rd
City Stickney
Number Of Units Total 11
MLS Area Stickney
Lot Size Square Feet 10873
Tax Annual Amount 30016
Electric Expense 0
Fuel Expense 0
Trash Expense 864
Water Sewer Expense 1705
Additional Parcels Y/N N
Lease Type N/A
Standard Status Active
Cap Rate 6.12
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ExteriorFoundation Details Concrete Perimeter
Building Area Total 6970
Lot Dimensions 10873
Frontage Type City Street
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* Excluded FeaturesList ByMidwest Signatureproperties CoBroker
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NearbyAbout Stickney, IL 6,861 Population
12% Since 2002
$ 59,529 Median Income
38.06 Median Age
24% Households with Children
Trends Information provided by ATTOM Data Solutions.
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/28/2025 | $1,379,900 | -1.43% | Price Down |
| 6/3/2025 | $1,399,900 | | Listed Price |