$1,200,000
$1,250,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 01/22/2025
Key Details
Sold Price $1,200,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11869114
Sold Date 01/22/25
Year Built 1893
Annual Tax Amount $14,608
Tax Year 2023
Lot Dimensions 25 X 120
Property Sub-Type Mixed Use
Property Description
Updated 3 flat building with student tenants under lease through 7/31/25. 8 total bedrooms with the second and third floors each having 4 bedrooms and 2 full bathrooms. 2nd generation restaurant located in the commercial space on the first floor. Type 1 hood and black iron currently in place. See Offering Memorandum under additional documents. These units stay occupied due to high demand for student housing in this neighborhood with the University of Illinois at Chicago campus so close and this property has excellent proximity to downtown Chicago and the Lakefront. This is an excellent cash flowing opportunity and value add property. The commercial space is also available for lease.
Location
State IL
County Cook
Area Chi - Near West Side
Interior
Cooling Central Individual
Fireplace N
Building
Level or Stories 3
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760 Pasquinelli Dr Suite 348, Westmont, Illinois, 60559, United States