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2717 W Peterson Avenue, Chicago, IL 60659
$730,000
2717 W Peterson Avenue, Chicago, IL 60659View this property at 2717 W Peterson Avenue, Chicago, IL 60659
2717 W Peterson AvenueChicagoIL60659
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Property Description
MEGA OPEN JUNE 8. FROM 1-4 PM. Overall, this mixed-use building in Arcadia Terrace offers a blend of modern comforts, historic charm, and potential for both residential and commercial use, making it a desirable investment opportunity in the vibrant Chicago real estate market. Modernized Living: 3rd floor unit boasts contemporary updates with 2 bedrooms and 1 1/2 baths. The renovations include new plumbing, electricals, drywall, paint, in-unit washer and dryer and all new appliances, ensuring a comfortable and convenient lifestyle for residents with central a/c, gas forced heat. Spacious and Versatile: The 2nd floor unit offers ample space with 3 bedrooms and 1 1/2 baths, complemented by an outdoor area adjacent to the dining space. This outdoor retreat adds a touch of tranquility to urban living. Historic Charm with Potential: The 1st floor, formerly a beloved restaurant that operated for 45 years, holds nostalgic charm and presents an exciting opportunity for a new venture. Its full basement offers versatility for various business endeavors. Enhanced Structural Integrity: Recent updates in 2021 include a new roof on the building, as well as renovations to the 2nd-floor porch and garage. Reinforced floor and new carpet on 1st floor. Some Tuckpointing on both the building and garage ensures structural integrity and longevity. The newly installed lentil on the second floor adds architectural interest and durability. Energy-Efficient Features: The installation of thermal windows on the second floor enhances energy efficiency and promotes sustainability, contributing to lower utility costs for residents. Convenient Parking: A spacious 2 and 1/2 car brick garage provides ample parking space, a coveted feature in urban settings like West Rogers Park Arcadia Terrace. Zoning B3-2 AGENT AND BUYER TO VERIFY ALL LISTING INFORMATION. THANK YOU FOR SHOWING. SOLD AS IS.. ,Building will not pass FHA self-sufficiency test
Full Property Details
Full Property Details for 2717 W Peterson Ave
General
- Price: $730,000
- Taxes: $5,051 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12050370
- Updated: 5/19/2024
- Added to Site: 11 day(s) ago
Rental Information
- Lease Terms: M/M
Interior
- Interior Features: Other
- Flooring: Varies
Additional Information
- Security/Safety: Other
Parking
- Parking Features: Fee Parking, Other, Parking-Street
Location
- Area: CHI - West Ridge
- County: Cook
- Township: North Chicago
- Driving Directions: PETERSON EAST OR WEST TO 2717, JUST EAST OF CALIFORNIA OR WESTERN, LINCOLN OR CALIFORNIA N OR S TO PETERSON
- Location Details: Chicago North, Central Business District, Mixed-Use Area, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual, Partial, Wall Sleeve
- Heating Type: Central Heat/Individual Controls
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Community Water
Structural Information
- Construction: Brick, Concrete, Wood Frame
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane, Tar and Gravel
- Sub-Flooring: Varies
- Stories/Levels: 3
- Square Feet: 6,200
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1930
- Built Before 1978: Yes
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 3,125
- Lot Dimensions: 25 x 125
- Frontage: City Street
- Drainage: Other
- Potential Use: Commercial, Office and Research, Retail
Financial Considerations
- Insurance Fee: $800
- Security Deposit: Other
- Assessment Year: 1930
- Tax Amount: $5,051
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Electricity, Heat, Varies by Tenant
- Pays Electric: 720
Disclosures and Reports
- Property ID: 13014010030000
Listed by Re/Max United
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Schools
Schools serving 2717 W Peterson Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5650 N Mozart St, Chicago, IL 60659 | PK-8 | 0.4 mi | |
5835 N Lincoln Ave, Chicago, IL 60659 | 9-12 | 0.2 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2717 W Peterson Ave
Date
Details
Price
Change
Source
5/08/2024
Listed
$730,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 2717 W Peterson Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$9,376
2%
$49,003
—
2021
$9,184
10%
$49,003
20%
2020
$8,371
-26%
$40,680
-32%
2019
$11,329
2%
$59,818
—
2018
$11,137
-2%
$59,818
7%
2017
$11,332
6%
$56,016
—
2016
$10,719
10%
$56,016
—
2015
$9,784
20%
$56,016
21%
2014
$8,139
2%
$46,435
—
2013
$7,967
1%
$46,435
—
2012
$7,885
—
$46,435
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2717 W Peterson Ave
2717 W Peterson Avenue, Chicago, IL 60659 (MLS# 12050370) is a Commercial property. 2717 W Peterson Avenue is currently listed for $730,000 and was received on May 08, 2024. Want to learn more about 2717 W Peterson Avenue? Do you have questions about finding other Commercial real estate for sale in West Ridge? You can browse all West Ridge real estate or contact a Coldwell Banker agent to request more information.