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1507 W 51st Street

Chicago, IL 60609
  • $299,900
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 11787023
UPDATED: 81 min ago
$299,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1895
County:

School Ratings & Info

Description

INTRODUCING A REMARKABLE MIXED-USE COMMERCIAL PROPERTY LOCATED IN SOUTHWEST CHICAGO. THIS ENTICING LISTING OFFERS A PRIME OPPORTUNITY FOR INVESTORS OR BUSINESS OWNERS SEEKING A TURNKEY OPERATION. THE FIRST FLOOR IS A THRIVING BARBER SHOP, CURRENTLY IN USE AND SUCCESSFULLY OWNED, BOASTING BRAND NEW ELECTRICAL WIRING. ABOVE, A SPACIOUS THREE-BEDROOM, ONE-BATHROOM APARTMENT AWAITS, PROVIDING COMFORTABLE LIVING QUARTERS. THE ENTIRE PROPERTY HAS BEEN METICULOUSLY MAINTAINED, WITH RECENT UPGRADES. WITH LOW TAXES AND THE POTENTIAL TO GENERATE $4,000 PER MONTH IN RENTAL INCOME, THIS PROPERTY PRESENTS AN ENTICING INVESTMENT OPPORTUNITY.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1507 W 51st Street Chicago, IL 60609

  • Price: $299,900
  • Status: Active
  • On Site: 20 Days
  • Updated: 81 min ago
  • MLS #: 11787023
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1895
Built
Neighborhood:
Chi - New City
County:
Cook
Area:
Chi - New City
Property Description
INTRODUCING A REMARKABLE MIXED-USE COMMERCIAL PROPERTY LOCATED IN SOUTHWEST CHICAGO. THIS ENTICING LISTING OFFERS A PRIME OPPORTUNITY FOR INVESTORS OR BUSINESS OWNERS SEEKING A TURNKEY OPERATION. THE FIRST FLOOR IS A THRIVING BARBER SHOP, CURRENTLY IN USE AND SUCCESSFULLY OWNED, BOASTING BRAND NEW ELECTRICAL WIRING. ABOVE, A SPACIOUS THREE-BEDROOM, ONE-BATHROOM APARTMENT AWAITS, PROVIDING COMFORTABLE LIVING QUARTERS. THE ENTIRE PROPERTY HAS BEEN METICULOUSLY MAINTAINED, WITH RECENT UPGRADES. WITH LOW TAXES AND THE POTENTIAL TO GENERATE $4,000 PER MONTH IN RENTAL INCOME, THIS PROPERTY PRESENTS AN ENTICING INVESTMENT OPPORTUNITY.
Exterior Features

Parking Total 2

Interior Features

Cooling None Heat Ventilation Forced Air

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Electric Service - 101 To 200 Amps Fire Protection Alarm MonitoredCarbon Monoxide Detector(S) Geographic Locale Chicago Southwest Gross Income 50000 Gross Scheduled Income 0 Insurance Expense 0 Mls Actual Status Active Property Offered For Sale Only Property Sub Type Apts/Stores Tax Annual Amount 1608.5 Tax Year 2021 Tenant Pays ElectricityHeat Total Monthly Income 40000 Type Mixed Use

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Prime Real Estate Group Inc: 708-691-0833.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Angela Walker Homes Real Estate Group. Based on information submitted to the MRED as of 2023-06-07T23:58:44 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Angela Walker Homes Real Estate Group
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Westchester IL, 60154