2834 N Southport Avenue Chicago, IL 60657

$2,499,000
2834 N Southport Avenue, Chicago, IL 60657
Call 1-800-839-1363
09882968

Commercial Property for sale in Chicago, IL

for $2,499,000. This 7,800 square foot building was built on a lot size of 25X122.

Property Information

  • $2,499,000
  • Commercial
  • 7,800 Square Feet
  • Taxes are $17,029
  • Mixed Use
  • Active
  • 3 Floors
  • Lot size of 25X122
  • Chicago, IL
  • Lakeview Neighborhood
  • Cook County
  • MLS/Web ID is 09882968

Description

Fully leased, mixed-use corner building on Southport in Chicago's highly sought after Lakeview neighborhood.The property includes 3 apartments + 1 ground floor restaurant space, leased to Sal's Trattoria, an acclaimed neighborhood Italian eatery.Approx. 7800 SF, 3-story building + usable basement has excellent visibility along Southport Ave. Consists of one, 1200 SF restaurant space w/ additional 1800 SF lower level, two approx. 2000 SF 4 bed/2.5 bath apartments & one approx. 800 SF 1 bed/1 bath apartment. Complete renovation in 2017, apartments are in exceptional condition:all new kitchens, stainless steel appliances, bathrooms, hardwood floors, lighting and in-unit laundry.Utilities & HVAC are separate per unit, providing minimal operating expense basis to the property owner.2 parking spaces are also included.Restaurant tenant, Sal's Trattoria, is on new long term lease, received substantial improvements, seats 40 inside and has outdoor area w/ 50 +/- seats. Fantastic location.

Interior 3

Cooling System

  • Central Air

Heating System

  • Forced Air
  • Gas

Sewer

  • Sanitary
  • Storm Sewer

Exterior 5

Construction

  • Brick

Exterior

  • Patio

Parking

  • 1-20 Parking Spaces

Road Frontage

  • City Street

Roof

  • Membrane

Miscellaneous 3

Documents

  • Backup Package

Location

  • Mixed Use

Utilities

  • Electric
  • Water

Rental 1

Tenant Pays

  • Other Expenses

† Excluded Feature

Listed By

Broker: SPERRY VAN NESS

2834 N Southport Avenue, Chicago, IL, 60657 is a Commercial Property for sale at $2,499,000 with 7,800 sqft and a lot size of 25X122. 2834 N Southport Avenue has 0.0 baths. The property's zip code is 60657 which is in Chicago, IL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Chicago $570,435 77 % below $349,999 86 % below
Commerical listings in Chicago $710,607 72 % below $390,000 84 % 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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