Introducing a beautifully renovated mixed-use building, featuring 8 tastefully updated residential units and 2 spacious commercial storefronts. This property has undergone significant improvements, ensuring a comfortable and modern living experience for its residents while providing an appealing and functional environment for businesses. The residential units boast contemporary upgrades and finishes, providing a welcoming and stylish atmosphere for tenants. Each unit is thoughtfully designed with modern conveniences, ensuring an exceptional living experience. The two commercial storefronts offer a versatile space suitable for various types of businesses. With ample foot traffic and visibility, these retail spaces present an excellent opportunity for businesses to thrive in a bustling location. Overall, this renovated mixed-use building presents a unique and attractive investment opportunity for potential buyers, combining the best of both residential and commercial real estate. Don’t miss out on this exceptional property!
View full listing detailsPrice: | $464,900 |
Address: | 7039 S Wentworth Avenue |
City: | Chicago |
County: | Cook |
State: | Illinois |
Zip Code: | 60621 |
MLS: | 11858861 |
Year Built: | 1925 |
actualStatus: | Active |
allowedUseCaseGroups: | IDX |
caprate: | 16.7 |
cooling: | Central Individual, Window Unit(s) |
electric: | Separate Meters |
electricexpense: | 720 |
fuelexpense: | 2800 |
grossincome: | 8200 |
grossscheduledincome: | 120000 |
insuranceexpense: | 3800 |
lotsizedimensions: | 174X50 |
lotsizesquarefeet: | 8700 |
maintenanceexpense: | 1000 |
mlsareamajor: | CHI - Greater Grand Crossing |
mlsstatus: | Active |
mrdAag: | Older |
mrdB78: | yes |
mrdBoardnum: | 8 |
mrdEls: | Owner Projection |
mrdExt: | Brick |
mrdFpr: | Other |
mrdFus: | Owner Projection |
mrdGrm: | 4.15 |
mrdHvt: | Gas,Radiators |
mrdIdx: | Y |
mrdInfo: | None |
mrdIss: | Owner Projection |
mrdJan: | 3300 |
mrdMc: | Active |
mrdNoy: | 2020 |
mrdPki: | 1-5 Spaces |
mrdRef: | 4 |
mrdRng: | 4 |
mrdScs: | Owner Projection |
mrdSmi: | 8200 |
mrdTmf: | Flats |
mrdWts: | Owner Projection |
netoperatingincome: | 98400 |
numberofunitstotal: | 10 |
operatingexpense: | 36450 |
parkingtotal: | 4 |
possibleUse: | Commercial, Multi-Family |
propertyType: | Multi Family 5+ |
stories: | 3 |
taxannualamount: | 4900 |
taxyear: | 2021 |
tenantpays: | Electricity, Heat |
township: | Lake |
trashexpense: | 2100 |
watersewerexpense: | 2200 |