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9127 S Commercial Avenue

Chicago, IL 60617
  • $269,000
  • STATUS: Active Under Contract
  • ON SITE: 94 Days
  • MLS #: 11682048
Under Contract
UPDATED: 69 min ago
$269,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1896
County:

School Ratings & Info

Description

Incredible opportunity to acquire a 3 story mixed use brick building located in the heart of the Commercial Avenue shopping district. The 1st floor store is updated and has a tenant with lease in place $3,000 a month. The 2nd and 3rd floor are vacant and ready for rehab. Newer roof and tuck pointing. Newer siding of the rear side of the building is done. Projection of rehabbed units is $1,150 per unit in additional income.

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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 2023-03-24T14:01:10.537 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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9127 S Commercial Avenue Chicago, IL 60617

  • Price: $269,000
  • Status: Active Under Contract
  • On Site: 94 Days
  • Updated: 69 min ago
  • MLS #: 11682048
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1896
Built
Neighborhood:
Chi - South Chicago
County:
Cook
Area:
Chi - South Chicago
Property Description
Incredible opportunity to acquire a 3 story mixed use brick building located in the heart of the Commercial Avenue shopping district. The 1st floor store is updated and has a tenant with lease in place $3,000 a month. The 2nd and 3rd floor are vacant and ready for rehab. Newer roof and tuck pointing. Newer siding of the rear side of the building is done. Projection of rehabbed units is $1,150 per unit in additional income.
Exterior Features

Foundation Details Concrete Perimeter Parking Total 0 Roof Tar And Gravel

Interior Features

Cooling Central Air Heat Ventilation Central Heat/Indiv ControlsForced AirGas

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 5500 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Electric Separate Meters Fire Protection Partially Sprinklered Geographic Locale Chicago South Gross Income 36000 Gross Scheduled Income 36000 Insurance Expense 2160 Location High Traffic Area Mls Actual Status Contingent Net Operating Income 29926 Number Of Tenants 1 Operating Expense 2160 Possible Use CommercialRetail Property Sub Type Apts/Stores Seller Needs Cash Tax Annual Amount 3913.6 Tax Year 2021 Tenant Pays Air ConditioningElectricityHeatJanitorial ServiceRepairsScavengerSewerOther Total Monthly Income 3000 Township South Chicago Type Mixed Use Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Real Estate Group: 312-492-7900.


© 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 2023-03-24T14:01:10.537 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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