Chicago, IL 60642,470 N Aberdeen ST
See all 40 photos
Chicago, IL 60642,470 N Aberdeen ST
Chicago, IL 60642,470 N Aberdeen ST
Chicago, IL 60642,470 N Aberdeen ST
Chicago, IL 60642,470 N Aberdeen ST

$1,005,000

Est. payment /mo

$1,100,000

8.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

470 N Aberdeen ST Chicago, IL 60642

4,088 SqFt

SOLD DATE : 09/05/2025

Key Details

Sold Price $1,005,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

Square Footage 4,088 sqft

Price per Sqft $245

MLS Listing ID 12351885

Year Built 1923

Annual Tax Amount $12,583

Tax Year 2023

Property Sub-Type Mixed Use

Property Description

Estate Sale: Prime Value-Add Investment Opportunity at 470 North Aberdeen. Unlock the potential of this rare estate sale offering, a mixed-use asset with built-in upside and long-term stability in a high-demand area. The building features: An unfinished ground-floor residential unit (See OM for estimated completion costs), offering near-term upside for value enhancement; recently renovated second and third-floor apartments poised for re-leasing at full market rates during peak leasing season, maximizing rental income potential; and a fully leased retail space anchored by Zullo's Catering, a long-standing tenant since 2009, under a secure lease through December 2033, providing reliable cash flow. With strategic updates and timing, 470 North Aberdeen offers a compelling blend of stability and growth potential in a sought-after urban location. This property presents an exceptional value-add opportunity for investors seeking both immediate and sustained returns. Offering Memorandum available upon request.

Location

State IL

County Cook

Area Chi - West Town

Zoning MANUF

Interior

Cooling Central Individual

Building

Structure Type Concrete

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by Kevin Rocio • @properties Commercial
Bought with Riley Ricobene • Real Broker, LLC
Pat Smarto

Pat Smarto

Managing Broker / Owner | License ID: 471.000052,

+1(847) 338-3848

GET MORE INFORMATION

Name
Phone*
Message