Income producing property. Low taxes. Unique investment opportunity to own this mixed used property. Priced to sell. Situated in North Austin neighborhood with a dense residential community and commercial traffic corridor. Two story brick building on the corner of Chicago and Pine Avenue. Features a total of 22 units and 2 car garage. 14 residential apartments, and 8 commercial units. The 14 residential rental apartments includes 4 apartments with 2 bedrooms; 7 units with 1 bedroom and 3 studio efficiency apartments. Tenants pay electric, gas and electric heat. The main level features 8 separate commercial units. Fenced backyard. With a total projection gross income of 26,375 per month, this property is a true cash flow generator. Large units, desirable layout, and prime income potential - a must-see for serious investors! Sold AS-IS.
| MLS # | 12547781 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1923 |
| Days On Site | 209 |
| Listing Provided By | Hometown Real Estate Group LLC | Viorel Lozneanu |
| SQ Feet | 16,790 |
|---|---|
| Story(s) | 2 |
| Units | 22 |
| Zoning | MULTI |
| Acreage | 0.34 |
| Cooling | None |
|---|
| Foundation Details | Concrete Perimeter |
|---|---|
| Construction Materials | Brick, Concrete, Wood |
| Utilities | Electric to Site, Natural Gas Available, Water Available |
|---|---|
| Electric | Circuit Breakers |
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 32833 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60644 |
| Area | CHI Austin |
| Listing VS Median (in 60644) | |
Price: $1,298,000 low | high Med: $189,900 sqft: 16,790 low | high Med: 1,100 $ / sqft: $77 low | high Med: $173 On site: 209 low | high Med: 41 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60644 |
| Area | CHI Austin |
| Listing VS Median (in 60644) | |
Price: $1,298,000 low | high Med: $189,900 sqft: 16,790 low | high Med: 1,100 $ / sqft: $77 low | high Med: $173 On site: 209 low | high Med: 41 | |