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$1,199,000
Est. payment /mo
UPDATED:
09/09/2024 04:26 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11978562
Year Built 1938
Annual Tax Amount $27,305
Tax Year 2022
Lot Dimensions 75 X 125
Property Description
WELCOME TO ARCADIA TERRACE---unique opportunity to acquire a FULLY occupied THREE-lot / THREE pin investment/owner property with a tremendous traffic count and C1-2 ZONING for many businesses. From left to right it consists of: 5618-gated parking lot/5620 three story mixed use---ALL NEW REHAB-- with a store, 200 amp panel, front-back office plus three private offices, upstairs has two 2-BR apartments, 100 amp panel, with separate dining, all with separate NEW HVAC plus hardwood floors plus all NEW steel back decks, NEW hot water tank, NEWER roof-5 years, rebuilt parapets, tuckpointed/5622 is a free standing 1 story flexi-core commercial garage---levels can be added---200-amp 3-phase+200amp panel. Tenants in 5620 all expire in 2024, 5620+18 are MTM, rents. Just slightly north of Bryn Mawr and adjacent to the booming Devon corridor along with Lincoln Square, Ravenswood, Edgewater. Easy access to public transportation and Lake Shore Drive.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Flooring Carpet, Wood
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Water-Municipal
View Y/N true
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Alberto Gonzalez • EXIT Strategy Realty
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