2921 N Southport Avenue, Chicago, IL 60657
sale
$3,658,000
|
Other
Courtesy Of Compass
An exceptional opportunity to own a newly constructed mixed-use building in the heart of Lakeview. This thoughtfully designed property offers the rare combination of luxury residential living and commercial space, making it an attractive opportunity for an investor, owner-occupant, or business owner. The building features three beautifully appointed 3-bedroom, 2.5-bathroom residential units with private elevator access, high-end finishes, impressive private outdoor spaces, and an attached heated parking garage. Complementing the residential component is approximately 850 square feet of ground-level commercial space, offering excellent flexibility for a variety of business uses, with projected rental potential of $30 per square foot. The property also presents strong income potential, with projected monthly rental income of $6,500 for Unit 2, $5,500 for Unit 3, and $8,000 for Unit 4. With contemporary construction, quality craftsmanship, and a desirable neighborhood location surrounded by established businesses, restaurants, coffee shops, and everyday conveniences, this property presents a unique opportunity to own a turnkey mixed-use asset in one of Chicago's most sought-after neighborhoods. Whether adding to an investment portfolio or combining residential ownership with a commercial presence, this is a rare opportunity to acquire an entire new-construction building in Lakeview.
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Property Features
- Age: New Construction
- Building Units: 4
- Cooling System: Central Air
- Exterior Type: Block
- Exterior Type: Brick
- Floors: 4
- MLSID: 12802559
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