3441-57 W 111 Street Chicago, IL $ 575,000
3441-57 W 111 Street
$ 575,000
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3441-57 W 111 Street

Chicago, IL, 60655
$ 575,000
Bedrooms-- Baths-- Sq 3,000

Monthly Estimate*

$ 3,631

3441-57 W 111 Street, Chicago, IL 60655 - Image 1
3441-57 W 111 Street, Chicago, IL 60655 - Image 2
3441-57 W 111 Street, Chicago, IL 60655 - Image 3
3441-57 W 111 Street, Chicago, IL 60655 - Image 4
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3441-57 W 111 Street, Chicago, IL 60655 - Image 7
3441-57 W 111 Street, Chicago, IL 60655 - Image 8
3441-57 W 111 Street, Chicago, IL 60655 - Image 9
3441-57 W 111 Street, Chicago, IL 60655 - Image 10
3441-57 W 111 Street, Chicago, IL 60655 - Image 11

Commercial Property for sale in Chicago, IL

for $575,000. This 3,000 square foot building was built in 1968 on a lot size of 0.459137.

IMMEDIATE CASH FLOW ON DAY 1 FROM THIS INCOME-PRODUCING ARM-CHAIR INVESTMENT EASY MONEY MAKING BUILDING. FULLY LEASED, INCOME-PRODUCING 3-UNIT COMMERCIAL STRIP CENTER IN MOUNT GREENWOOD! THIS PROPERTY DELIVERS STEADY CASH FLOW FROM ESTABLISHED, LONG-TERM BUSINESS TENANTS AND BENEFITS FROM EXCELLENT VISIBILITY AND STRONG LOCAL COMMERCIAL DEMAND. PARKING IS AVAILABLE ALONG THE EAST AND WEST SIDES AND ON 111TH STREET. TWO UNITS HAVE BEEN RECENTLY UPGRADED; THE THIRD HOUSES A CONTEMPORARY HAIR SALON AND A LONGTIME INSURANCE OFFICE TENANT (WITH ITS OWN A/C SYSTEM). ALL TENANTS ARE SUCCESSFUL, STABLE OPERATORS. KEY RECENT CAPITAL IMPROVEMENTS INCLUDE A ROOF REPLACED TWO YEARS AGO AND THREE OF THE FOUR SLEEVE A/C UNITS WERE INSTALLED IN 2024-2025 (INCLUDED). MONTHLY ASSOCIATION ASSESSMENT IS $815 AND COVERS EXTERIOR MAINTENANCE (ROOF, GUTTERS, BRICK, LANDSCAPING, AND SNOW REMOVAL), COMMON-AREA INTERIOR PLUMBING AND BOILER, AND HOT-WATER HEATER. ALL HOT-WATER TANKS WERE REPLACED APPROXIMATELY THREE YEARS AGO. THE MEDICAL SUITE INCLUDES THE 11101 S. ST. LOUIS ADDRESS AND FACES WEST. EVERY UNIT FEATURES A DOUBLE ENTRANCE AND IS DIVISIBLE, OFFERING FLEXIBILITY FOR FUTURE RECONFIGURATION. CALL TODAY FOR FINANCIALS AND TO SCHEDULE A TOUR OF THIS FULLY LEASED INCOME PRODUCER IN ONE OF CHICAGO'S MOST ACTIVE NEIGHBORHOOD COMMERCIAL CORRIDORS.

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Commercial Active

Price

$ 575,000

Property Type

Commercial

Taxes

$ 13,732

Style

Medical/Dental

Lot Size

0.459137

Year Built

1968

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12708859

Features
General
Cooling Wall Sleeve
Utilities Electric to Site Natural Gas Available Sewer Connected Water Available
Roof Membrane
Zoning COMMR
Construction Materials Brick
Year Built 1968
Electric Service - 101 to 200 Amps
Tenant Pays Electricity
Stories Count 3
Township Lake
Tax Year 2024
Current Use Medical/Dental
Additional Parcels Description 24232020861015
Assoc Fee Paid Per Not Applicable
County Cook
Net Operating Income 0
Property Type Commercial Sale Retail/Stores
Status Active
Directions 111th and Kedzie west to 3441-3457 W. 111th Street Chicago Mt. Greenwood.
City Chicago
Number Of Units Total 3
MLS Area CHI - Mount Greenwood
Lot Size Square Feet 20000
Tax Annual Amount 13732
Ok to Lease Other
Additional Parcels Y/N Y
Leasable Area 5000
Standard Status Active
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Interior
Flooring Carpet Tile Varies
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 3000
Lot Dimensions 150x120
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* Excluded Features
List By
Coldwell Banker Realty

Broker

cgroebe61@gmail.com;cgroebe61@gmail.com

Email

Affordability Calculator

$4,775
Per Month
76%
24%
0%
Monthly Principal & Interest
$3,631
Monthly Property Taxes
$1,144
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
7/20/2026$575,000 Listed Price

Map


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3441-57 W 111 Street, Chicago, IL, 60655 is a Commercial Property for sale at $575,000 with 3,000 sqft and a lot size of 0.459137. 3441-57 W 111 Street was built in 1968. The property's zip code is 60655 which is in Chicago, IL