1909 W Irving Park Road Active

Chicago,IL 60613

$ 490000

0 Bed

0 Bath

3125 SqFt


Key Details

Property Type Commercial Sale

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 3,125 sqft

Price per Sqft $156

MLS Listing ID 10991852

Year Built 1913

Annual Tax Amount $13,019

Tax Year 2019

Property Sub-Type Mixed Use

Property Description

Store Front property with two apartments on second floor. In back of building there is parking for four cars. Access to good transportation via Irving Park bus with stop a few doors away and one block from CTA Irving Park Brownline station. Excellent shopping and dining area. Great place to locate a business where street and foot traffic will generate the sales. There is new retail, condominium and apartment construction on both sides of Irving Park Rd. from Damen Ave. to Ashland Ave. Excellent potential for rental income from apartments and commercial space. Fully rented at present. Rents are low and can easily be increased to the neighborhood norm. Four car rental spaces can rent for $100 each. There is a full basement with Good ceiling height. Owner will vacate 1st Floor commercial space prior to closing. Property is zoned B-2. Three new units can be built on this property without seeking a zoning variance. FHA Financing available at 3% to 4% fixed rate for 30 years in you live in the building and utilize the retail space.

Location

State IL

County Cook

Area Chi - North Center

Interior

Heating Gas,Hot Water

Cooling Window Unit(s)

Exterior

Garage Spaces 4.0

View Y/N true

Building

Dwelling Type Mixed Use

Story 1

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