Renovated 8-unit mixed-use asset in the heart of Lakeview-one of Chicago's most sought-after retail and residential corridor along the Clark Street corridor. This fully occupied asset consists of six renovated 1-bedroom/1-bathroom apartments and two high-visibility commercial storefronts totaling 2,457 SF. The property underwent a comprehensive renovation in 2017, including updated kitchens with granite countertops and SS appliances, plus a full roof replacement (2013) and new gutters/downspouts. Significant 2022 exterior upgrades include new face brick and modern commercial storefront windows. Designed for operational efficiency, all units feature individual central HVAC and are separately metered for gas and electric. With four rear parking spaces and a prime location just steps from the Belmont CTA station, this property offers both immediate stability and a clear path to a $126,800 pro-forma NOI through market rent adjustments.
| MLS # | 12580703 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1898 |
| Days On Site | 206 |
| Listing Provided By | Triton Realty Group LLC | Matthew Fritzshall |
| Story(s) | 3 |
|---|---|
| Units | 8 |
| Acreage | 0.09 |
| Cooling | Central Individual |
|---|
| Construction Materials | Brick, Vinyl Siding |
|---|
| Electric | Separate Meters |
|---|
| Tax Year | 2024 |
|---|---|
| Tax Annual Amount | 28872 |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60657 |
| Area | CHI Lake View |
| Listing VS Median (in 60657) | |
Price: $1,745,000 low | high Med: $349,995 On site: 206 low | high Med: 52 | |
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60657 |
| Area | CHI Lake View |
| Listing VS Median (in 60657) | |
Price: $1,745,000 low | high Med: $349,995 On site: 206 low | high Med: 52 | |