$112,000
$299,999
62.7%For more information regarding the value of a property, please contact us for a free consultation.
2458 S Sacramento AVE Chicago, IL 60623
Key Details
Sold Price $112,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 12202297
Year Built 1912
Annual Tax Amount $4,852
Tax Year 2023
Property Sub-Type Mixed Use
Property Description
Unlock unparalleled investment potential with this mixed-use property, featuring two renovated apartments and a storefront equipped with tens of thousands of dollars in equipment. This cash-generating property includes an adjacent vacant lot, currently used for parking but offering limitless development possibilities. For those looking to maximize returns, consider redeveloping both the existing structure and the adjacent lot. Together, the combined double lot could accommodate a brand-new development with up to six units-four residential and two commercial storefronts-transforming the site into a high-yield, mixed-use property. Alternatively, keep the current structure, make necessary updates, and continue to use the vacant lot for additional parking. With options for immediate income and future growth, this property is an outstanding investment opportunity.
Location
State IL
County Cook
Area Chi - South Lawndale
Zoning OTHER
Interior
Cooling Central Air
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Bought with Jesus Vazquez • RE/MAX City