1001 W 69th Street, Chicago, IL 60621
sale
$179,000
|
Retail
Courtesy Of SU FAMILIA REAL ESTATE
Great investment opportunity on a high-visibility corner location! This commercial property features two buildings-front and rear-plus an additional vacant lot, all being sold together. The property is fully occupied with long-term tenants, currently generating $2,600 in monthly rental income. Tenants include a church and social center, providing established occupancy and immediate income for the new owner. Main building features a full basement, half bath and kitchen area, offering additional space and potential for a variety of uses. The rear building also includes a half bath and bar setup. Recent improvements include a new roof on both buildings, newer heating system and updated plumbing. The property does require TLC but presents an excellent opportunity for the right buyer to bring their vision and unlock its potential. Conveniently located near other businesses, schools, law enforcement, medical offices, and numerous supporting businesses. An ideal opportunity for an investor looking to add a cash-flowing commercial property and additional land to their portfolio. Bring your ideas and make this corner property beautiful!
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Property Features
- Age: Over 50 Years Old
- Building Units: 2
- Cooling System: Window Unit(s)
- Exterior Type: Brick
- Floors: 1
- MLSID: 12766215
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