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$1,400,000

  • For Sale
  • Active
  • Commercial
  • 11,900 Sq. Ft.
See This Home
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Commercial Mixed-Use Investment Property with Multiple Income Stream Potential Don't miss this rare opportunity to acquire a fully renovated commercial mixed-use space, with active rental income, and additional leasable space currently available. The property has undergone extensive interior and exterior updates in the last 5 years, and stands alone its' class on the market. Key Features: Fully Rehabbed Warehouse: Updated and ready for business, ensuring minimal maintenance costs. Existing Tenant: One lessee currently occupying 1 of 3 rentable spaces, providing immediate rental income. Additional Leasable Space: With extra square footage still available for lease, you have ample opportunity to cash flow by securing additional tenants. This property is a unique investment for businesses and investors alike to capitalize on multiple income streams in a prime location. Whether you're an experienced investor or looking for your first commercial property, this is an excellent chance to secure a profitable asset.

Full Property Details for 2945 W Harrison St

General

  • Price: $1,400,000
  • Taxes: $41,132 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRED
  • MLS ID: 12169611
  • Updated: 12/31/2025
  • Added to Site: 371 day(s) ago

Interior

  • Interior Features: Computer Floor, Heavy Floor Load, Janitorial Service, Multi-Tenant, Overhead Door(s), Private Restroom(s)
  • Flooring: Concrete, Tile

Additional Information

  • Security/Safety: Alarm Monitored, Alarm on Site, Fire Extinguisher(s), Smoke or Fire Protectors

Location

  • Area: CHI - East Garfield Park
  • County: Cook
  • Driving Directions: South of I-290, East Sacramento Blvd, North Flournoy St, West Francisco Ave
  • Location Details: Chicago West, TIF Zone, In City Limits, High Traffic Area

Heating & Cooling

  • Cooling Type: Central Air Conditioning, Central Individual
  • Heating Type: Central Heat/Individual Controls

Utilities

  • Water: Municipal Water

Structural Information

  • Construction: Brick, Concrete
  • Exterior Const.: Brick, Concrete
  • Foundation: Concrete Perimeter
  • Roof: Rubber
  • Drive-In Doors: 2
  • Sub-Flooring: Concrete, Tile
  • Stories/Levels: 2
  • Square Feet: 11,900
  • Current Bldg. Use: Commercial
  • Year Built: 1927
  • Built Before 1978: Yes

Unit Information

  • # Tenants: 1
  • Extra Storage Avail: Yes

Lot Features

  • Lot Size (Sq. Ft.): 9,875
  • Lot Dimensions: 9875
  • Frontage: City Street
  • Drainage: Floor Drains, Storm Sewers
  • Potential Use: Commercial, Conditional Use, Industrial, Office
  • Zoning: COMMR

Financial Considerations

  • Lease Price: $22
  • For Sale/Rent/Lease: For Sale or Rent
  • Operating Expenses: $15,738
  • Security Deposit: Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors
  • Assessment Year: 1927
  • Tax Amount: $41,132
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat

Disclosures and Reports

  • Property ID: 16133020030000

Listed by The Apartment Source

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— 2945 W Harrison St —

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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 2945 W Harrison St

School District:Chicago Public School District 299
NameGradesDistance
Jensen Elementary Scholastic Academy
3030 West Harrison Street, Chicago, IL 60612
K-80.1 mi
Manley Career Academy High School
2935 West Polk Street, Chicago, IL 60612
12-110.2 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 2945 W Harrison St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/11/2025
Listed
$1,400,000
656.76%
MLS
4/17/2006
Sold
$185,000
—
Public Record
Get Price Alerts and Save Property
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 for 2945 W Harrison St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$41,133
3%
$194,285
—
2022
$40,097
2%
$194,285
—
2021
$39,197
103%
$194,285
124%
2020
$19,348
11%
$86,563
—
2019
$17,450
2%
$86,563
—
2018
$17,155
10%
$86,563
20%
2017
$15,568
8%
$72,069
—
2016
$14,435
9%
$72,069
—
2015
$13,206
12%
$72,069
14%
2014
$11,769
2%
$63,430
—
2013
$11,536
1%
$63,430
—
2012
$11,382
—
$63,430
—
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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2945 W Harrison Street, Chicago, IL 60612 (MLS# 12169611) is a Commercial property. 2945 W Harrison Street is currently listed for $1,400,000 and was received on January 11, 2025. Want to learn more about 2945 W Harrison Street? Do you have questions about finding other Commercial real estate for sale in East Garfield Park? You can browse all East Garfield Park real estate or contact a Coldwell Banker agent to request more information.

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