759 N Pine Avenue Chicago, IL $ 1,399,999
759 N Pine Avenue
$ 1,399,999
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759 N Pine Avenue

Chicago, IL, 60644
$ 1,399,999
Bedrooms-- Baths-- Sq 16,790

Monthly Estimate*

$ 8,620

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Commercial Property for sale in Chicago, IL

for $1,399,999. This 16,790 square foot building was built in 1923 on a lot size of 0.344353.

Unique investment opportunity to own this mixed used property. Situated in North Austin neighborhood with a dense residential community and commercial traffic corridor. Two story brick building on the corner of Chicago and Pine Avenue. Features a total of 22 units and 2 car garage. 14 residential apartments, and 8 commercial units. The 14 residential rental apartments includes 4 apartments with 2 bedrooms; 7 units with 1 bedroom and 3 studio efficiency apartments. Tenants pay electric, gas and electric heat. The main level features 8 separate commercial units. Fenced backyard. With a total projection gross income of 26,125 per month, this property is a true cash flow generator. Large units, desirable layout, and prime income potential - a must-see for serious investors! Sold as-is.

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Commercial Active

Price

$ 1,399,999

Property Type

Commercial

Taxes

$ 59,697

Style

Lot Size

0.344353

Year Built

1923

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12547781

Features
General
Cooling None
Utilities Electric to Site Natural Gas Available Water Available
Possession Closing
Zoning MULTI
Construction Materials Brick Concrete Wood
Year Built 1923
Electric Circuit Breakers
Tenant Pays Electricity Heat
Stories Count 2
Property Subtype Mixed Use
Tax Year 2024
Gross Income 313500
County Cook
Net Operating Income 195615
Operating Expense 117885
Insurance Expense 22000
Property Type Commercial Sale Mixed Use
Possible Use Commercial Multi-Family
Status Active
Directions East of Central Ave. On the South East corner of W Chicago Ave and N Pine Ave.
City Chicago
Number Of Units Total 22
MLS Area CHI - Austin
Lot Size Square Feet 15000
Tax Annual Amount 59697
Electric Expense 2225
Fuel Expense 6285
Trash Expense 3839
Water Sewer Expense 8839
Additional Parcels Y/N N
Standard Status Active
Cap Rate 13.9
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Interior
Flooring Tile Wood
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Exterior
Water Source Municipal Water
Foundation Details Concrete Perimeter
Building Area Total 16790
Lot Dimensions 100x150
Frontage Type City Street
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* Excluded Features
List By
Hometown Real Estate Group Llc

Broker

ViorelRealEstate@gmail.com

Email

Affordability Calculator

$13,595
Per Month
63%
37%
0%
Monthly Principal & Interest
$8,620
Monthly Property Taxes
$4,975
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
2/19/2026$1,399,999 Listed Price

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759 N Pine Avenue, Chicago, IL, 60644 is a Commercial Property for sale at $1,399,999 with 16,790 sqft and a lot size of 0.344353. 759 N Pine Avenue was built in 1923. The property's zip code is 60644 which is in Chicago, IL