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3357 W Chicago Avenue, Chicago, IL 60651
$450,000 Contingent
3357 W Chicago Avenue, Chicago, IL 60651View this property at 3357 W Chicago Avenue, Chicago, IL 60651
3357 W Chicago AvenueChicagoIL60651
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Property Description
Amazing Humboldt Park mixed use development/investment opportunity on 49 * 120 lot with C1-1 zoning in a prime location at the corner of two main streets (Chicago Ave. & Homan Ave.) 10-unit building consisting of two storefronts, one 3 bedroom/1 bath apartment, one 1 bedroom/1 bath apartment and six studios. In addition, there is also a 750-sf brick garage. All units are currently vacant except for 2 apartments. Tenants are month to month and the property will be delivered vacant at closing. Income numbers are based on the most recent rents from when it was last fully occupied. The two storefronts were the home of a liquor store and a restaurant @$2,000/month each, the garage was occupied by an auto body shop @$1,000/month, 8 apartments (six studios @$750/month each, one 1 bed/1 bath @$750/month and one 3 bed/1 bath @$850/month.) All units have separate forced air heat and both storefronts also have central air conditioning. Electrical service to the building was upgraded in 2014. There are 11 separate electric meters and three gas meters servicing the storefronts and the three-bedroom apartment. Roof is 5 years old. Cash buyers only. Building needs work and is sold "As is".
Full Property Details
Full Property Details for 3357 W Chicago Ave
General
- Price: $450,000
- Taxes: $4,286 (2022)
- Status: Contingent
- Type: Store
- MLS ID: 11950997
- Updated: 3/18/2024
- Added to Site: 132 day(s) ago
Interior
- Interior Features: Public Restroom(s), Basement
Location
- Area: CHI - Humboldt Park
- County: Cook
- Township: West Chicago
- Driving Directions: Corner of Chicago and Homan
- Location Details: East/West Corridor, Chicago North, Central Business District, High Traffic Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Forced Air
Utilities
- Onsite: Electricity to Site, Gas to Site, Storm Sewer Available, Municipal Water, Water to Site
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 7,620
- # of Stores: 2
- Year Built: 1910
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
Lot Features
- Lot Size (Sq. Ft.): 5,880
- Lot Dimensions: 49 x 120
- Frontage: City Street
- Zoning: COMMR
Financial Considerations
- Assessment Year: 1910
- Tax Amount: $4,286
- Tax Year: 2022
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Insurance, Repairs, Scavenger
Disclosures and Reports
- Property ID: 16112040020000
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Schools
Schools serving 3357 W Chicago Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
431 N Troy St, Chicago, IL 60612 | PK-8 | 0.5 mi | |
730 N Pulaski Rd, Chicago, IL 60624 | 9-12 | 0.8 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 3357 W Chicago Ave
Date
Details
Price
Change
Source
2/29/2024
Price Reduced
$450,000
-24.99%
MLS
1/02/2024
Price Reduced
$599,900
-20%
MLS
12/24/2023
Listed
$749,900
—
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 3357 W Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,068
1%
$10,038
—
2021
$2,050
-2%
$10,038
7%
2020
$2,099
-4%
$9,397
-13%
2019
$2,178
2%
$10,812
—
2018
$2,140
-10%
$10,812
-2%
2017
$2,390
2%
$11,078
—
2016
$2,334
10%
$11,078
—
2015
$2,119
1%
$11,078
2%
2014
$2,093
3%
$10,878
—
2013
$2,036
30%
$10,878
—
2012
$1,568
—
$10,878
—
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 3357 W Chicago Ave
3357 W Chicago Avenue, Chicago, IL 60651 (MLS# 11950997) is a Store property. 3357 W Chicago Avenue is currently listed for $450,000 and was received on December 24, 2023. Want to learn more about 3357 W Chicago Avenue? Do you have questions about finding other Store real estate for sale in Humboldt Park? You can browse all Humboldt Park real estate or contact a Coldwell Banker agent to request more information.