Eco Friendly
Address
1008 N Western Avenue Chicago, IL
Price
$ 615,000
Property Attributes
  • MLS#11102108
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Town
  • NeighborhoodHumboldt Park
  • Zip60622
  • StyleOffice and Research,Multi-Family,Retail
  • Year Built1911
  • Taxes$ 7099
  • Price$ 615,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
North Clybourn Group, Inc.
Data Source:
Midwest Real Estate Data LLC
Property Description

Located in West Town, this beautiful Mixed-use Greystone has a lot of history to it and is waiting for your imagination! The building, a total of three rental units, is zoned B3-2 so you (the new owner) will have plenty of options with this investment opportunity. Currently the storefront is a doctor's office that has been partitioned off to create small rooms. These walls could be removed and the space would really open up. The drop ceiling could be discarded to expose 5 more feet of head room and showoff the hidden tin ceiling that is original to the building. In the rear of the storefront is large private office with extra storage. The second floor is a spacious 2-bedroom 1 bath apartment with very high ceilings which runs the length of the building. As you exit the rear of the building you'll find yourself in a large and inviting brick paved patio. This courtyard sits between the main building and the carriage house. From there, a brand-new staircase will lead you to an adorable studio apartment that sits atop a heated TWO car garage. Because of long term tenants, rents are currently very under market and are not indicative of today's rates. The Storefront is on a month-to-month lease at $900, the second-floor apartment is month to month at $1400, the 2-car garage is rented at $275 and the Studio apartment is rented at $900 with lease expiration of 6/30/22. Oh, did I mention there is a full basement for storage and plenty of room to put in a washer/dryer! Standing in front of the property you are surrounded by more than you think! Right next door is the BoeufHaus - a fantastic French and German inspired brasserie, several art galleries such as Vertical and Line Dot Editions and some fun bars like the Empty Bottle and Sportsman's Club! Public transportation easily accessible, $58K possible annual income, low operating expenses. This one is a winner!

Price History
5/27/2021 Listed $615,000

General Features

Cooling Office Only
Electric Circuit Breakers
Possible Use Office and Research, Multi-Family, Retail
Property SubType Mixed Use
Property Type Commercial Sale
Property Type Mixed Use
Standard Status Active
Stories 2
Tax Annual Amount 7099.66
Total Units 3
Township West Chicago
Water Sewer Expense 575

Exterior Features

Exterior Brick, Stone
Lot Dimensions 24X108
Lot Size Square Feet 2542
Total Parking 2

Room Details

Room Dimensions Level Flooring Details
Dining Room
Family Room
Living Room
Master Bedroom

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 60622

Price
AVG $820K
$620K
Taxes
AVG $15,789
$7,099
Visits
AVG 68
1
Year Built
AVG 1942
1911
Walkscore
AVG 94
95
Data Provided by Walkscore ® not using MLS data

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