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Listed by Anik Zampiniof Coldwell Banker Realty
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Est. payment /mo
New
2258 S Whipple ST Chicago, IL 60623
3,828 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,828 sqft
MLS Listing ID 12755698
Year Built 1893
Annual Tax Amount $4,015
Tax Year 2023
Lot Dimensions 126 x 25
Property Sub-Type Mixed Use
Property Description
Attention investors, developers and experienced rehabbers. Unique masonry multifamily property offering substantial space, multiple residential living areas and significant value-add potential. Cook County Assessor records identify the property as Multi Family with Five Apartments, and the property is currently zoned RT-4. The existing layout includes two 2-bedroom/1-bath units and one 3-bedroom/1-bath unit, along with a full finished attic extending across the building and providing a substantial additional level. The attic currently includes four bedrooms, a living area, recreational space, a bathroom and storage, creating considerable flexibility for future renovation or reconfiguration subject to applicable approvals. The first floor also includes a large former storefront/bar space, plus an additional room behind it that may function as a bedroom, office or flex space, along with a bathroom. A detached brick two-car garage provides additional parking and storage. With its multifamily configuration, full finished attic, former commercial space, masonry construction and detached garage, this property offers a compelling opportunity for an investor seeking a Chicago rehab, redevelopment or repositioning project. Be sure to review the floor plans to better understand the overall layout and full potential of the property. Property is being sold AS-IS. Buyer to perform all due diligence regarding zoning, legal unit count, permitted uses, occupancy, building condition and any future redevelopment plans.
Location
State IL
County Cook
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
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