Commercial: MLS #12526021 Chicago, IL $ 460,000
Commercial: MLS #12526021
$ 460,000
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Commercial: MLS #12526021

Chicago, IL, 60623
$ 460,000
Bedrooms-- Baths-- Sq 5,760

Monthly Estimate*

$ 2,870

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Commercial Property for sale in Chicago, IL

for $460,000. This 5,760 square foot building was built in 1913 on a lot size of 0.066116.

Great looking LITTLE VILLAGE Mixed Use Property. Property consists of (1) large lightly renovated commercial space with ((14 ft ceilings)) that is currently occupied, and gets $1800 per month for rent with a lease for 2 years ending 01/2028. And (1) 1 bed 1 bath apartment currently occupied as well getting $1250 for rent with a lease ending 08/2026. The commercial space was lightly renovated and the following work was completed: New paint, New bathroom, Furnace was recently serviced, New LED lights installed throughout, Tuckpointed the rear of the building and Installed new tempered glass windows in the front. In the 1 bedroom 1 bathroom apartment the work that was completed is as follows: New paint, New hardwood floors, New plumbing, New bathroom sink, New toilet, New appliances and New kitchen sink. ((THERE'S NO PARKING)). There are a total of 1.5 bathrooms. The basement is a half basement, about 400 sq ft and it is unfinished. Showings are as follows: Showings are on the lock box with 48 hours notice as both units are rented. To see the commercial space and the basement, showings MUST BE before 3p.m. MON-FRI & Before 10a.m. on SAT

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Commercial Active

Price

$ 460,000

Property Type

Commercial

Taxes

$ 8,237

Style

Commercial

Lot Size

0.066116

Year Built

1913

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12526021

Features
General
Cooling Central Air Central Individual
Possession Closing
Zoning OFFIC
Construction Materials Brick
Year Built 1913
Electric Circuit Breakers
Tenant Pays Heat
Stories Count 1
Township West Chicago
Property Subtype Mixed Use
Tax Year 2024
Current Use Commercial
Gross Income 3050
County Cook
Net Operating Income 25963
Insurance Expense 2400
Property Type Commercial Sale Mixed Use
Possible Use Commercial Office
Status Active
Directions California to Cermak West to 2915
City Chicago
Number Of Units Total 2
MLS Area CHI - South Lawndale
Lot Size Square Feet 2880
Tax Annual Amount 8237
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
Total Actual Rent 2800
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 5760
Lot Dimensions 24X120
Frontage Type City Street
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* Excluded Features
List By
Compass

Broker

david.mishel@compass.com

Email

Affordability Calculator

$3,556
Per Month
81%
19%
0%
Monthly Principal & Interest
$2,870
Monthly Property Taxes
$686
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
12/4/2025$460,000 Listed Price

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