For Sale Commercial MLS# 12769591

2452 W 59th Street

Chicago, IL 60629

$799,000

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About 2452 W 59th Street

Spectacular corner-lot building offers excellent investment potential with a desirable mix of eight - 2 bedroom, 1 bath units and one - 1 bedroom, 1 bath unit. This property features 5 dedicated parking spaces plus additional street parking. Current rents are below market due to long-term tenants and the owner's decision to maintain rents without significant increase. Additional income potential includes washer and dryer hook-up in the boiler room, as well as 9 available storage lockers. Roof is 20 years old. With its corner-lot location, multiple income streams, and potential to improve income, this property presents an attractive opportunity for an investor looking to maximize the building's income potential.

Property details

Property

Type
commercial
Year built
1968

Schools

District
Chicago Public School District 299

Location

Subdivision
Gage Park
Neighborhood
Gage Park

Location

Neighborhood
Gage Park
School district
Chicago Public School District 299

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Listed by Patrick Zomparelli, Baird & Warner

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.