222 E 61st Street Chicago, IL 60637

$700,000
222 E 61st Street, Chicago, IL 60637
09864438

Commercial Property for sale in Chicago, IL

for $700,000. This 18,000 square foot building was built on a lot size of 128 X 95.

Property Information

  • $700,000
  • Commercial
  • 18,000 Square Feet
  • Taxes are $24,277
  • To Be Built
  • Active
  • 2 Floors
  • Lot size of 128 X 95
  • Chicago, IL
  • Washington Park Neighborhood
  • Cook County
  • MLS/Web ID is 09864438

 Virtual Tour

Description

Highly desirable corner property in upcoming Washington Park secondary consideration location for the Obama Library. B3-2 zoning allows for excellent commercial retail and mixed-use apartments above storefronts. Perfect for new construction or any type of business. Land frontage is excellent with 128' width x 95'. Building has a large first floor and second floor amply providing over 18, 000 sq. ft of interior space plus a basement. Currently a prosperous not-for-profit day care with licensing approved for 94 students. Excellent financials. Annual gross receipts in high six figures. Building wraps around on to Prairie Ave., with a catering kitchen. Caterer will lease back for several months or until new location found. First time on market. Truly a fresh offering. Tons of development in area. Next Bronzeville. Photos, floorplans, drone. Very close to Washington Park almost steps away. Soon to be recognized as one of the City's greatest parks. Also close to Hyde Park, due east.

Interior 6

Building Amenities

  • Playground

Cooling System

  • Central Air
  • Zoned

Heating System

  • Forced Air
  • Gas

Interior

  • Storage

Sewer

  • Sanitary

Water Source

  • Municipal

Exterior 8

Community Amenities

  • Fencing
  • Lawn Maintenance
  • Lights
  • Security Entrance
  • Snow Removal
  • Trash Pickup - Private

Construction

  • Brick
  • Concrete

Exterior

  • Patio
  • Security Gate
  • Security Lighting
  • Storms/Screens

Foundation

  • Brick
  • Concrete

Land Improvements

  • Curbs & Gutters
  • Sidewalks

Parking

  • 1-20 Parking Spaces

Road Frontage

  • City Street

Siding

  • Brick
  • Stone Exterior

Miscellaneous 3

Commercial

  • Meeting Rooms
  • Private Restroom
  • Security System / Alarm
  • Signage Allowed

Location

  • Business District
  • Corner Lot
  • Mixed Use

Utilities

  • Electric

Rental 1

Tenant Pays

  • Common Area Maintenance
  • Electric
  • Heating

† Excluded Feature

Listed By

Broker: ELDORRADO CHICAGO REAL ESTATE

222 E 61st Street, Chicago, IL, 60637 is a Commercial Property for sale at $700,000 with 18,000 sqft and a lot size of 128 X 95. 222 E 61st Street has 0.0 baths. The property's zip code is 60637 which is in Chicago, IL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Chicago $549,601 21 % below $339,900 51 % below
Commerical listings in Chicago $734,266 5 % above $400,000 43 % below

Get the facts about Chicago, IL!

Population 2,758,555
Population Growth (since 2000) -4 %
Median Income $49,562
Median Age 34.83
Households w/ Children 25 %

Residential Dwellings

  • Owned 491166
  • Vacant 139733
  • Rented 585273

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