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$ 2,350,000
Est. payment | /mo
11,900 SqFt
$ 2,350,000
Est. payment | /mo
11,900 SqFt
Key Details
Property Type Multi-Family
Sub Type Multi Family 5+
Listing Status Active
Purchase Type For Sale
Square Footage 11,900 sqft
Price per Sqft $197
MLS Listing ID 12530447
Maintenance Fees $4,800
Year Built 1915
Annual Tax Amount $17,471
Tax Year 2023
Lot Dimensions 4125
Property Sub-Type Multi Family 5+
Property Description
Introducing an exceptional investment opportunity in Albany Park-a newly developed, nine-unit mixed-use property strategically located in the bustling Lawrence/Kedzie TIF district. This property boasts Fully leased storefronts, ensuring immediate cash flow, along with six brand-new residential units that exemplify modern urban living.The residential units feature contemporary designs with open layouts and skylights, creating a bright and inviting atmosphere. Each unit is equipped with central air conditioning and in-unit washer and dryer for ultimate convenience. The high-quality finishes throughout enhance the overall appeal, making these residences highly desirable.In addition to the attractive living spaces, this property includes an impressive 6800 ft basement space, providing significant potential for additional income. Whether you envision expanding the residential offerings or creating value-added amenities, this versatile area is a blank canvas for your creativity.The property also features a four-car attached garage, providing ample parking for residents . Recent upgrades include a new 16 amp electric service, a modern water service installation, and a state-of-the-art water sprinkler system, ensuring safety and efficiency. The building has also undergone tuckpointing to maintain its structural integrity and aesthetic appeal.Situated in a high-traffic location along the Lawrence and Kedzie corridor, this mixed-use property benefits from excellent visibility and accessibility. Residents and businesses enjoy convenient access to public transportation, with the Brown Line train just a short distance away, making it an ideal spot for both living and commerce.This property represents a unique opportunity to invest in a thriving community with a strong rental market and significant growth potential. Don't miss your chance to own a piece of Albany Park's vibrant landscape.
Location
State IL
County Cook
Area Chi - Albany Park
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Multi Family 5+
Structure Type Brick,Concrete
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Art Collazo of Jameson Sotheby's Intl Realty
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