Sold
Address
3001 W 111th Street, Chicago, IL
Price
$ 710,000
Property Attributes
  • MLS#11775144
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • Zip60655
  • Style
  • Price$ 710,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage9700
  • Lot Size10,500 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

EXCELLENT INVESTMENT OPPORTUNITY! 10%+ CAP RATE WITH ROOM TO IMPROVE! 100% LEASED MIXED USE BUILDING WITH LONG TERM TENANTS. 5000sf DELUXE OFFICE SPACE AND 4 UPDATED RESIDENTIAL APARTMENTS. 7 UNITS TOTAL W/INDIVIDUAL HEAT & A/C. UPDATED KITCHEN & BATHS. 10 CAR PARKING LOT PLUS 13 CAR LEASED PARKING AREA. EXCELLENT LOCATION CLOSE TO SHOPPING, SCHOOLS, & TRANSPORTATION. Excellent investment opportunity. Mixed use building. 5,000 appx square foot deluxe office space and 4 updated residential apartments. 7 units total with individual heat & a/c. Updated kitchen and baths. 10-car parking lot plus 13-car leased parking area. Excellent location close to shopping, schools and transportation.

Price History
5/4/2023 Listed $899,000
8/24/2023 9% - $825,000
11/22/2023 7% - $775,000

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60655

Price
AVG $60K
$710K

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