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$799,000 Just Listed

  • For Sale
  • Active
  • Commercial
  • Updated 2 days ago
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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.

Full Property Details for 2452 W 59th St

General

  • Price: $799,000
  • Taxes: $13,976 (2025)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12769591

Location

  • Area: CHI - Gage Park
  • County: Cook
  • Driving Directions: Western to 59th Street W to Campbell, Second Street. The building is on the NE corner of 59th Street.

Heating & Cooling

  • Heating Type: Hot Water

Utilities

  • Trash: 2161

Structural Information

  • Construction: Brick
  • Exterior Const.: Brick
  • Stories/Levels: 3
  • Year Built: 1968
  • Built Before 1978: Yes

Unit Information

  • Units w/Refrigerators: 9
  • Units w/Range/Oven: 9

Lot Features

  • Lot Dimensions: 125 x 58
  • Zoning: COMMR

Financial Considerations

  • Insurance Fee: $5,181
  • Operating Expenses: $37,089
  • Assessment Year: 1968
  • Tax Amount: $13,976
  • Tax Year: 2025
  • Tenant Pays: Electricity
  • Pays Electric: 614
  • Pays Trash: 2161

Disclosures and Reports

  • Property ID: 19132260400000

Listed by Baird & Warner

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— 2452 W 59th St —

  • Baird & Warner

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NMLS#: 1598647

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Schools serving 2452 W 59th St

School District:Chicago Public School District 299
NameGradesDistance
Morrill Elementary Math & Sci School
6011 South Rockwell Street, Chicago, IL 60629
K-80.2 mi
Gage Park High School
5630 South Rockwell Street, Chicago, IL 60629
9-120.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Tax History for 2452 W 59th St

Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,976
68%
$53,500
42%
2023
$8,336
1%
$37,605
—
2022
$8,221
4%
$37,605
—
2021
$7,913
—
$37,605
12%
2020
$7,890
9%
$33,488
—
2019
$7,241
1%
$33,488
—
2018
$7,142
-11%
$33,488
-3%
2017
$8,029
6%
$34,662
—
2016
$7,572
8%
$34,662
—
2015
$6,991
13%
$34,662
15%
2014
$6,202
2%
$30,180
—
2013
$6,092
1%
$30,180
—
2012
$6,051
—
$30,180
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by Baird & Warner

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2452 W 59th Street, Chicago, IL 60629 (MLS# 12769591) is a Commercial property. 2452 W 59th Street is currently listed for $799,000 and was received on September 28, 2026. Want to learn more about 2452 W 59th Street? Do you have questions about finding other Commercial real estate for sale in Gage Park? You can browse all Gage Park real estate or contact a Coldwell Banker agent to request more information.

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