Commercial: MLS #12514854 Chicago, IL $ 725,000
Commercial: MLS #12514854
$ 725,000
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Commercial: MLS #12514854

Chicago, IL, 60618
$ 725,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,523

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Commercial Property for sale in Chicago, IL

for $725,000. This building was built in 1911 on a lot size of 0.083609.

Stunning Live/Work Property in the Heart of Irving Park This beautifully renovated property offers incredible versatility for live/work buyers or savvy investors. Completely updated in 2020, the building boasts modern finishes and exceptional design throughout. Second Floor Unit: This bright and spacious residence features three generously sized bedrooms and two luxurious bathrooms with high-end finishes. The kitchen is a chef's dream, complete with stainless steel appliances, custom cabinetry, and a large quartz-topped island. The unit also includes a full-size washer and dryer for ultimate convenience. A sun-drenched enclosed sunporch offers the perfect space for a home office or guest room. First Floor Office Space: Currently a studio, this level features a large conference room, a modern kitchen, and an impressive bathroom with a huge walk-in shower. This flexible space can be adapted to suit a variety of professional or creative needs. Additional Features: The basement is leased as a storage space, providing additional income potential. In the rear, a large private parking lot offers spaces for up to six vehicles-an invaluable asset in the city. Prime Location: Situated in the sought-after Irving Park neighborhood, this property is surrounded by new developments, family-owned restaurants, and charming shops. Commuting is a breeze with convenient access to expressways, public transportation, and nearby Horner Park, known for its scenic riverside trail. Sports fans will also appreciate being just 2.5 miles from Wrigley Field. This exceptional property offers endless possibilities.

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Commercial Active

Price

$ 725,000

Property Type

Commercial

Taxes

$ 6,504

Style

Lot Size

0.083609

Year Built

1911

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12514854

Features
General
Cooling Central Air
Year Built 1911
Electric Circuit Breakers Separate Meters Service - 101 to 200 Amps
Stories Count 2
Tax Year 2022
Gross Income 73200
County Cook
Insurance Expense 3500
Property Type Commercial Sale Mixed Use
Status Active
Directions From Irving Park and Kedzie: 2 blocks East to Albany.
City Chicago
Number Of Units Total 3
MLS Area CHI - Irving Park
Lot Size Square Feet 3642
Tax Annual Amount 6504
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 1800
Additional Parcels Y/N N
Standard Status Active
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Exterior
Lot Dimensions 29.12 X 125
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* Excluded Features
List By
Carr Real Estate Investments

Broker

aklementzos@carrchicago.com

Email

Affordability Calculator

$5,065
Per Month
89%
11%
0%
Monthly Principal & Interest
$4,523
Monthly Property Taxes
$542
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
11/10/2025$725,000 Listed Price

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