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$1,200,000
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Property Description
Investment/future development opportunity in one of the hottest areas of the city. Great location, excellent investor opportunity. Currently parking for 6 vehicles. Rents are under market rates, due to long time ownership of the building. Terracotta brick facade two story building, with 4 store front spaces, and three residential apartments on the second floor. High traffic location, with more and more restaurants and businesses coming to the area.
Full Property Details
Full Property Details for 1719-25 W Chicago Ave
General
- Sold For: $1,200,000
- Taxes: $21,210 (2021)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11766468
- Added to Site: 1, 072 day(s) ago
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: CHI - West Town
- County: Cook
- Driving Directions: West of Ashland Ave (1600W), East of Damen (2000W). 1719-1725 W Chicago Ave. (800N).
- Location Details: East/West Corridor, Chicago North, Central Business District, Mixed-Use Area, In City Limits, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Structural Information
- Exterior Const.: Brick
- Roof: Rubber
- Stories/Levels: 2
- # of Stores: 4
- Year Built: 1931
- Built Before 1978: Yes
Unit Information
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
Lot Features
- Lot Size (Sq. Ft.): 9,075
- Lot Dimensions: 75 x 120
- Frontage: City Street
- Zoning: RTAIL
Financial Considerations
- Operating Expenses: $35,102
- Assessment Year: 1931
- Tax Amount: $21,210.6
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity, Heat
Disclosures and Reports
- Property ID: 17072020140000
Listed by RE/MAX 10 Lincoln Park
Sold by Wenger Properties
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Price & Sales History for 1719-25 W Chicago Ave
Date
Details
Price
Change
Source
2/08/2024
Sold
$1,200,000
-27.27%
MLS
6/06/2023
Price Reduced
$1,650,000
-5.71%
MLS
4/24/2023
Listed
$1,750,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1719-25 W Chicago Avenue, Chicago, IL 60622 (MLS# 11766468) is a Commercial property that was sold at $1,200,000 on February 08, 2024. Want to learn more about 1719-25 W Chicago Avenue? Do you have questions about finding other Commercial real estate for sale in West Town? You can browse all West Town real estate or contact a Coldwell Banker agent to request more information.

