5444 S State ST new

Chicago,IL 60609

$ 750000

- Bed

0 Bath

4875 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,875 sqft

Price per Sqft $153

MLS Listing ID 12203044

Year Built 1886

Annual Tax Amount $2,117

Tax Year 2023

Lot Dimensions 125X25

Property Description

**Exciting Investment Opportunity: Your Dream Property Awaits! Fire your landlord and step into the exciting world of property ownership with this unique multi-use property located at the edge of Washington Park! With high foot traffic and exceptional visibility, this is a rare opportunity to establish your business and generate rental income simultaneously. **Property Highlights:**Prime Location:** Situated next to a vibrant Dunkin Donuts and a local church, and just two blocks from the I-94 Dan Ryan Expressway, ensuring easy access and connectivity. The surrounding area is undergoing renovations, promising growth and increased value. **Versatile Commercial Space:** The first floor features a blank canvas, a 1,700 sq ft vanilla box commercial space with completed drywall and laminate floors. Perfect for an office or restaurant, it comes equipped with ductwork throughout and a half bath, ready for your vision! - **Spacious Residential Living:** The second and third floors boast a large three-bedroom apartment with a den and two full bathrooms, also each floor offering nearly 1,700 sq ft. Enjoy a generous living room, dining room, and a full-size kitchen with abundant cabinet space. The unit is complete with washer and dryer connections, and an enclosed back porch for added charm. **Parking Potential:** Currently, there is off-street parking available, and you can modify the gated area to allow for 2-3 parking spaces. Ample free street parking is also available! - **Convenient Access to Amenities:** Just 5 minutes from the University of Chicago Hospital and surrounded by a plethora of stores and restaurants, experiencing the charm of city living has never been easier. This is a once-in-a-lifetime opportunity to own a property that combines business potential with comfortable living! Don't miss out on your chance to invest in your future. Schedule your viewing today-this gem won't last long!

Location

State IL

County Cook

Area Chi - New City

Zoning COMMR

Interior

Cooling Central Air

Flooring Vinyl

Fireplaces Number 2

Fireplace Y

Building

Dwelling Type Mixed Use

Level or Stories 3

Structure Type Brick

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