$385,000
$399,000
3.5%For more information regarding the value of a property, please contact us for a free consultation.
2625 W 79TH ST Chicago, IL 60652
8,450 SqFt
Key Details
Sold Price $385,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 8,450 sqft
Price per Sqft $45
MLS Listing ID 10950136
Sold Date 03/22/21
Year Built 1962
Annual Tax Amount $7,394
Tax Year 2019
Lot Dimensions 67.32 X 108.19
Property Sub-Type Mixed Use
Property Description
Excellent opportunity to own this turn key, mixed use, 7 unit. Over $51,000 NOI. 3 condo quality residential units featuring 2 beds, 1 bath, Separate utilities, hardwood floors, stainless steel appliances, in-unit laundry & central air. 4 fully occupied retail spaces, leased below market value, plenty of room to increase return in the future. Huge rear parking lot. Located on high visible 79th St in the Ashburn/Wrightwood neighborhood. The proforma shows an excellent score of 12.9% cap rate. GREAT INVESTMENT PROPERTY TO ADD TO YOUR PORTFOLIO.
Location
State IL
County Cook
Area Chi - Ashburn
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Structure Type Brick
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Bought with Jose Melendres of Exit Strategy Realty
