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Listed by Kary Leonof Coldwell Banker Realty
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Est. payment /mo
New
Address not disclosed Chicago, IL 60647
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12698384
Year Built 1933
Annual Tax Amount $9,886
Tax Year 2025
Lot Dimensions 125x25
Property Sub-Type Mixed Use
Property Description
PRIME MIXED-USE INVESTMENT OR OWNER-USER OPPORTUNITY IN THE HEART OF LOGAN SQUARE. This well-maintained solid brick building with B3-1 zoning offers a massive 2,500 square foot commercial space, TWO 1,228 square foot residential apartments, and a detached two-car garage. The first-floor commercial space is currently vacant and ready for its next use, offering excellent flexibility for a variety of retail, office, coffee shop, beauty, boutique, or service-oriented concepts. Most recently used as an electronics store, the commercial space features a half bath, distinctive approximately 10-foot copper/tin ceilings (under the dropped ceiling), and direct access to the large full basement, providing substantial additional storage or workspace. The two spacious apartments above each feature three bedrooms and one bath, generous living and dining rooms, approximately 9-foot ceilings, beautiful hardwood floors, original built-ins and wood millwork, and private outdoor decks. Updates include central air conditioning, in-unit laundry, many newer windows, and newer water heaters. The building has also benefited from extensive improvements over the years, including new copper plumbing and updated electrical throughout, tuck-pointing, a beautifully redone facade, and recent roof work. Owned and meticulously maintained by the same owner for approximately 35 years, this property offers a rare combination of commercial flexibility, substantial residential space, and long-term upside in one of Chicago's most sought-after neighborhoods. The residential units are currently rented below market to family members, creating an immediate opportunity for a new owner to increase rental income.
Location
State IL
County Cook
Interior
Cooling Central Air, Central Individual
Fireplace N
Exterior
View Y/N true
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