1012 S Western Ave

Chicago, IL 60612
  • $1,150,000

    Price
  • 0

    Bed
  • 0

    Bath
  • 6,678

    SqFt

About the Listing 87249 - 127463

First time for sale in 47 years High exposure Taylor/Western T-intersection. Double storefront with 4 residential units and 2 oversized 2-car garages with very high ceilings. Located in the UIC West Campus "Tri-Taylor" neighborhood. Roosevelt Rd is directly south and I-290 is directly north. The Illinois Medical District and the 4 main hospitals i.e. Rush, UIC, Cook County and West Side VA are walking distance directly east. Perfect opportunity for an armchair investor or and owner/operator. Rapidly developing neighborhood with new construction popping up everywhere The storefronts are newly remodeled ($1600) and ($1400) as well as one of the four residential units. ($1600) The other 3 residential units ($1400) have long term tenants at below market rents. Gross income reflects assumed market rent for storefronts. We have left them empty for the moment for an owner/operator, but can also rent out, for a straight investor. Gross income of $9200/mo. There is also a standing height double basement for storage or other use. Full occupancy at all times. This is truly a one time, once in a generation purchase opportunity

Listing Highlights

Status Active
Days on Site 161
Property Type Commercial Sale
MLS ® 12436814
Year Built 1881
Total Square Footage 6,678
Lot/Acreage 0.1

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Forced Air,Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 45 x 100
  • Zoning: COMMR
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: 1-5 Spaces

Financial Details

  • Tax Amount: $9,315
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16134240450000
  • Tax Year: 2023

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1012 S Western Ave Chicago, IL 60612

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Originating MLS: mred

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