Chicago, IL 60616 2414 S Wentworth Avenue

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Presented By: Mango Realty Group
  • MLS# 12164307
  • 10/07/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 6,550

Home Details

Seize this rare and exceptional opportunity to own a meticulously maintained 3-story commercial-residential mixed-use building, ideally situated in the heart of vibrant Chinatown. Built just 47 years ago, this property combines modern appeal with prime location. The first and second floors, along with the basement, are currently leased to a well-established, featuring multiple private dining rooms on the second floor, ensuring strong rental income potential. The third floor features two residential units, both currently rented below market value, presenting an excellent opportunity for increased rental income. The front unit consists of 2 bedrooms, 1 den, and 2 bathrooms, and has been recently upgraded with new flooring, a new stove, a new refrigerator, and fresh paint. The rear unit includes 2 bedrooms and 1 bathroom. Both units are outfitted with central heating and cooling systems, ensuring year-round comfort. Additionally, the building's roof was replaced six years ago, offering long-term durability and peace of mind for the future owner. Positioned in a highly desirable location with immediate access to popular shops, renowned restaurants, and public transportation, this property is a prime investment opportunity. Chinatown continues to thrive, making this an unmatched chance to capitalize on its growth and energy. Don't miss out on owning a premium piece of real estate in one of the city's most sought-after areas. This is a must-see property for investors or buyers looking for strong returns and long-term value. Contact us today to schedule a viewing and secure this outstanding investment!
Presented By: Mango Realty Group

General for 2414 S Wentworth Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick, Concrete, Block
CoolingCentral Air
CountyCook
Days on Market1
DirectionsS Wentworth to 24th St
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet2750
MLS AreaCHI - Armour Square
NumberOfUnitsTotal3
PossessionClosing
Possible UseCommercial, Multi-Family, Retail
Property SubTypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusNew
Stories3
Tax Annual Amount15791
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat
TownshipSouth Chicago
Trash Expense0
Water Sewer Expense0
Year Built1977
ZoningCOMMR

Exterior for 2414 S Wentworth Avenue

Building Area Total6550
ExteriorBrick
Foundation DetailsConcrete Perimeter
Lot Dimensions25X110

Additional Details

Price History

Worth Clark

Price $2,200,000
MLS#12164307
List Date 10/07/2024
Property Type Commercial
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