Chicago, IL 60651 3357 W Chicago Avenue

3357 W Chicago Avenue Chicago, IL - Image 13357 W Chicago Avenue Chicago, IL - Image 23357 W Chicago Avenue Chicago, IL - Image 3
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3357 W Chicago Avenue Chicago, IL - Image 43357 W Chicago Avenue Chicago, IL - Image 53357 W Chicago Avenue Chicago, IL - Image 63357 W Chicago Avenue Chicago, IL - Image 7
Presented By: Keller Williams Preferred Realty
  • MLS# 12163594
  • 09/13/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 7,620

Home Details

Amazing Humboldt Park mixed use development/investment opportunity on 49 * 120 lot with C1-1 zoning in a prime location at the corner of two main streets (Chicago Ave. & Homan Ave.) 10-unit building consisting of two storefronts, one 3 bedroom/1 bath apartment, one 1 bedroom/1 bath apartment and six studios. In addition, there is also a 750-sf brick garage. All units are currently vacant. Income numbers are based on the most recent rents from when it was last fully occupied. The two storefronts were the home of a liquor store and a restaurant @$2,000/month each, the garage was occupied by an auto body shop @$1,000/month, 8 apartments (six studios @$750/month each, one 1 bed/1 bath @$750/month and one 3 bed/1 bath @$850/month.) All units have separate forced air heat and both storefronts also have central air conditioning. Electrical service to the building was upgraded in 2014. There are 11 separate electric meters and three gas meters servicing the storefronts and the three-bedroom apartment. Roof is 10 years old. Cash buyers only. Building needs work and is sold "As is".
Presented By: Keller Williams Preferred Realty

Interior Features for 3357 W Chicago Avenue

Other Interior Features

Total Fireplaces

General for 3357 W Chicago Avenue

Additional Parcels Y/NYes
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
Days on Market12
DirectionsCorner of Chicago and Homan
ElectricCircuit Breakers, Service - 201 to 600 Amps
Electric Expense
Fuel Expense
Gross Income133200
Insurance Expense
Lease TypeGross
Lot Size Square Feet5880
MLS AreaCHI - Humboldt Park
Net Operating Income128914
NumberOfUnitsTotal10
PossessionClosing
Property SubTypeApts/Stores
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories2
Tax Annual Amount4286
Tax Year2022
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Insurance, Repairs, Scavenger
TownshipWest Chicago
Trash Expense0
UtilitiesElectric to Site, Gas to Site, Sewer-Storm Available, Water-Municipal, Water to Site
Water Sewer Expense0
Year Built1910
ZoningCOMMR

Exterior for 3357 W Chicago Avenue

Building Area Total7620
ExteriorBrick
Frontage TypeCity Street
Lot Dimensions49X120

Additional Details

Price History

Worth Clark

Price $399,000
MLS#12163594
List Date 09/13/2024
Property Type Contingent
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