400 East 69th Street, Chicago, IL

$499,000

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About 400 East 69th Street

Excellent investment opportunity in the Greater Grand Crossing / Park Manor area. Mixed Residential and Commercial building consisting of 3 Commercial spaces and 7 residential units. The residential unit mix is (2) 3 bedroom units and (5) 2 bedroom units. The commercial unit mix is currently an occupied church, occupied restaurant and an occupied not for profit organization. The church has been there for 5 years and is considered a building hub and staple to the community. There are 7 residential units fully occupied. There are individual furnaces (7 yrs old), water heaters and electrical panels for all commercial and residential units and 3 AC units for the commercial spaces. The roof was re-coated 3 years ago and the porches and electrical were upgraded to City of Chicago building code 3 years ago The building has 3 separate PIN numbers and is currently cash flowing with potential growth. There is an 18,070 square foot lot adjacent to the building that can be negotiated and included in this deal. Awesome investment for the seasoned investor looking to grow their portfolio.

Features of 400 East 69th Street

MLS® # 12183675
Price $499,000
Bathrooms 0.00
Acres 0.00
Year Built 1907
Type Commercial Sale
Sub-Type Mixed Use
Status Contingent

Community Information

Address 400 East 69th Street
Area CHI - Greater Grand Crossing
City Chicago
County Cook
State IL
Zip Code 60637

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Concrete, Brick
Foundation Concrete Perimeter

Additional Information

Days on Market 228
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeeXp Realty, LLC

Listing Map

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