2016 W Concord Place Chicago, IL $ 1,150,000
2016 W Concord Place
$ 1,150,000
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2016 W Concord Place

Chicago, IL, 60647
$ 1,150,000
Bedrooms-- Baths-- Sq 3,062

Monthly Estimate*

$ 7,081

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Commercial Property for sale in Chicago, IL

for $1,150,000. This 3,062 square foot building was built in 1994 on a lot size of 0.055096.

An exceptional opportunity for investors or owner-users to acquire a well-maintained mixed-use building in one of Chicago's most sought-after neighborhoods. This two-unit property offers the ideal blend of residential income and commercial presence, all in the heart of vibrant Bucktown. The upper-level residential unit features a modern 3-bedroom, 2-bath layout with high ceilings, contemporary finishes, and an open, airy feel. Currently rented, this unit provides immediate, stable income with strong tenant appeal. An attached two-car garage adds significant value and convenience-an increasingly rare find in the area. The first-floor commercial space is home to an established hair salon, offering excellent street visibility and foot traffic in a prime Bucktown location surrounded by boutiques, dining, and residential density. The building has been thoughtfully maintained, making it a turnkey option for those seeking a low-maintenance investment or a live/work scenario in a premier neighborhood. Whether you're looking to diversify your portfolio or secure a property with built-in income streams, this mixed-use Bucktown asset checks all the boxes.

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Commercial Active

Price

$ 1,150,000

Property Type

Commercial

Taxes

$ 24,583

Style

Commercial,Condominium

Lot Size

0.055096

Year Built

1994

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12552094

Features
General
Cooling Central Air Central Individual
Zoning MULTI
Construction Materials Block
Year Built 1994
Electric Other
Tenant Pays Air Conditioning Electricity Heat Taxes Insurance Repairs Sewer Varies by Tenant
Stories Count 2
Property Subtype Condominium
Tax Year 2024
Current Use Commercial Condominium
Gross Income 98732
County Cook
Net Operating Income 73307
Operating Expense 113
Insurance Expense 3091
Property Type Commercial Sale Mixed Use
Status New
Directions Turn left onto Concord from Damen
City Chicago
Number Of Units Total 2
MLS Area CHI - West Town
Lot Size Square Feet 2400
Tax Annual Amount 24583.61
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Standard Status Active
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Interior
Total Fireplaces 0
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Exterior
Building Area Total 3062
Lot Dimensions 24x100
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* Excluded Features
List By
Compass

Broker

eli@secondcityagents.com

Email

Affordability Calculator

$9,129
Per Month
78%
22%
0%
Monthly Principal & Interest
$7,081
Monthly Property Taxes
$2,049
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
3/25/2026$1,150,000 Listed Price

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2016 W Concord Place, Chicago, IL, 60647 is a Commercial Property for sale at $1,150,000 with 3,062 sqft and a lot size of 0.055096. 2016 W Concord Place was built in 1994. The property's zip code is 60647 which is in Chicago, IL