2551 S Spaulding Avenue Chicago, IL 60623

$540,000
2551 S Spaulding Avenue, Chicago, IL 60623
09943036

Commercial Property for sale in Chicago, IL

for $540,000. This 7,771 square foot building was built on a lot size of 50 * 125.

Property Information

  • $540,000
  • Commercial
  • 7,771 Square Feet
  • Taxes are $11,266
  • Mixed Use
  • Active
  • Lot size of 50 * 125
  • Chicago, IL
  • South Lawndale Neighborhood
  • Cook County
  • MLS/Web ID is 09943036

Description

Great value in this income generating mixed-use building. An auto repair shop occupies the frontage and a 2-unit apartment building in the rear of the property. Long time tenants on month-to-month leases, allowing for an owner user to take over the automobile repair portion of the property. Approximately 7, 800 SF of total building in the heart of Little Village. One of the rear units is duplexed, allowing for a potential increase in rent.

Interior 2

Cooling System

  • Window Unit(s)

Heating System

  • Forced Air
  • Gas

Exterior 2

Construction

  • Brick

Parking

  • 1-20 Parking Spaces
  • Indoor Parking

Rental 1

Tenant Pays

  • Electric
  • Heating

† Excluded Feature

Listed By

Broker: SPERRY VAN NESS

2551 S Spaulding Avenue, Chicago, IL, 60623 is a Commercial Property for sale at $540,000 with 7,771 sqft and a lot size of 50 * 125. 2551 S Spaulding Avenue has 0.0 baths. The property's zip code is 60623 which is in Chicago, IL

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Market Pricing

Average % of sale price Median % of sale price
All listings in Chicago $550,543 2 % above $339,900 37 % below
Commerical listings in Chicago $734,208 36 % above $400,000 26 % 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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