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    601 47th Street

    Chicago, IL 60609
    • $675,000
    • STATUS: Active
    • ON SITE: 75 days
    • MLS #: 10771926
    UPDATED: 39 min ago
    $675,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 5,488
      SQFT
    • $123
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1895
    County:

    School Ratings & Info

    Description

    Mixed Use Perfect for Investor or Owner Occupied. Above the 2 Businesses we have 2 large updated units (3 Bed + 1.5 Bath each) on 2nd and 3rd floors. All units have separated Gas forced air furnaces and central air. In-Unit Laundry in both Apts. 2.5 Car Garage (Potential to add another garage door and double your garage space, see length of garage in photos) Common area Deck for entertaining over the north end of Extended Garage. An Additional 8-9 Outdoor Parking Spaces for Residents or Business. Great Unit Tenants and both on MTM and pay own Separated Utilities on gas and electric **Note the Potential of a 2nd Business would be Bonus Income in rear Garage Area (Currently Used as a Shop for Lawnmower repairs) Bring your Ideas!! ** Currently a Neighborhood Hardware store with an Excellent Reputation in the area. Location is conveniently located just east of Halsted and seconds West of 90/94. Property Class: 2-12 Mixed-use commercial/residential building.

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    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2020-09-21T08:49:44.373 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    601 47th Street Chicago, IL 60609

    • Price: $675,000
    • Status: Active
    • Updated: 39 min ago
    • MLS #: 10771926
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    5,488
    SQFT
    $123
    $/SQFT
    1895
    Built
    Neighborhood:
    Chi - New City
    County:
    Cook
    Area:
    Chi - New City
    Property Description
    Mixed Use Perfect for Investor or Owner Occupied. Above the 2 Businesses we have 2 large updated units (3 Bed + 1.5 Bath each) on 2nd and 3rd floors. All units have separated Gas forced air furnaces and central air. In-Unit Laundry in both Apts. 2.5 Car Garage (Potential to add another garage door and double your garage space, see length of garage in photos) Common area Deck for entertaining over the north end of Extended Garage. An Additional 8-9 Outdoor Parking Spaces for Residents or Business. Great Unit Tenants and both on MTM and pay own Separated Utilities on gas and electric **Note the Potential of a 2nd Business would be Bonus Income in rear Garage Area (Currently Used as a Shop for Lawnmower repairs) Bring your Ideas!! ** Currently a Neighborhood Hardware store with an Excellent Reputation in the area. Location is conveniently located just east of Halsted and seconds West of 90/94. Property Class: 2-12 Mixed-use commercial/residential building.
    Exterior Features

    Foundation Concrete Location Mixed Use Area Lot Dimensions 3000 Lot Sq Ft 3000 Number Of Parking Spaces 10

    Interior Features

    Air Conditioning Central Air Fire Protection Smoke Or Fire ProtectorsCarbon Monoxide Detector(S) Indoor Parking 1-5 Spaces Miscellaneous Inside Storage Inside Number Of Apts 2 Number Of Dryers 2 Number Of Fireplaces 2 Number Of Offices 0 Number Of Ranges 2 Number Of Refrigs 2 Number Of Stores 2 Number Of Stories 3 Number Of Washers 2 Outdoor Parking 6-12 Spaces

    Property Features

    Age Older Built Before1978 YN Yes Electrical Service Circuit Breakers Electricity Expense 0 Exterior Building Type BrickFrame Fuel Expense 0 Geographic Locale Chicago SouthChicago Southwest Gross Rental Income Amount 30000 Heat Ventilation Forced AirGas Insurance Expense 0 Miscellaneous Outside Security SystemSun Deck Number Of Tenants 2 Other Expenses 0 Possession ClosingNegotiable Potential Use CommercialResidential-Multi-FamilyRetail Rental Price 12.5 Sale Terms ConventionalCash Only Tax Year 2019 Taxes 3246.7 Tenant Pays Air ConditioningElectricHeat Total Annual Income 72000 Total Monthly Income 2500 Water Expense 0

    Listing information © 2020 Midwest Real Estate Data LLC.
    Listing provided courtesy of 606 Brokers Llc.


    © 2020 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2020-09-21T08:49:44.373 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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