New ListingUNLIMITED POTENTIAL & MASSIVE VALUE-ADD OPPORTUNITY IN PRIME SOUTH SHORE! Heavy-hitting investment package featuring a 31-unit mixed-use building in a rapidly developing neighborhood. Fantastic scale with 28 residential units (24 studios and 4 one-bedroom apartments) plus 3 street-level commercial retail spaces offering high visibility and foot traffic. Perfect for an experienced investor or developer looking to execute a full renovation, add value, and stabilize for maximum cash flow or long-term portfolio growth. Conveniently situated near public transportation, major thoroughfares, shopping, and lakefront amenities. Property needs work and is being sold in AS-IS / WHERE-IS condition. Seller will not provide surveys or disclosures; real estate taxes will be prorated. Bring your vision to unlock this property's true potential!
| MLS # | 12759415 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 5 |
| Listing Provided By | Area Wide Realty | Michael Olszewski |
| Story(s) | 3 |
|---|---|
| Units | 28 |
| Zoning | OTHER |
| Acreage | 0.13 |
| Cooling | None |
|---|
| Construction Materials | Brick |
|---|
| Electric | None |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 14829.81 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60617 |
| Area | CHI South Shore |
| Listing VS Median (in 60617) | |
Price: $299,900 low | high Med: $210,000 On site: 5 low | high Med: 169.5 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60617 |
| Area | CHI South Shore |
| Listing VS Median (in 60617) | |
Price: $299,900 low | high Med: $210,000 On site: 5 low | high Med: 169.5 | |