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$575,000
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Property Description
Immediate Cash Flow On Day 1 From This Income-Producing Arm-Chair Investment Easy Money Making Building. Fully Leased, Income-Producing 3-Unit Commercial Strip Center in Mount Greenwood! This Property Delivers Steady Cash Flow From Established, Long-Term Business Tenants and Benefits From Excellent Visibility and Strong Local Commercial Demand. Parking Is Available Along The East and West Sides and On 111Th Street. Two Units Have Been Recently Upgraded; The Third Houses A Contemporary Hair Salon and A Longtime Insurance Office Tenant (With Its Own A/C System). All Tenants Are Successful, Stable Operators. Key Recent Capital Improvements Include A Roof Replaced Two Years Ago and Three Of The Four Sleeve A/C Units Were Installed in 2024-2025 (Included). Monthly Association Assessment Is $815 and Covers Exterior Maintenance (Roof, Gutters, Brick, Landscaping, and Snow Removal), Common-Area Interior Plumbing and Boiler, and Hot-Water Heater. All Hot-Water Tanks Were Replaced Approximately Three Years Ago. The Medical Suite Includes The 11101 S. St. Louis Address and Faces West. Every Unit Features A Double Entrance and Is Divisible, Offering Flexibility For Future Reconfiguration. Call Today For Financials and To Schedule A Tour Of This Fully Leased Income Producer in One Of Chicago'S Most Active Neighborhood Commercial Corridors.
Full Property Details
Full Property Details for 3441-57 W 111 St
General
- Price: $575,000
- Taxes: $13,732 (2024)
- Status: Active
- Type: Commercial
- Source: MRED
- MLS ID: 12708859
Rental Information
- Lease/Rent Term: Other
Interior
- Flooring: Carpet, Tile, Varies
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s)
Location
- Area: CHI - Mount Greenwood
- County: Cook
- Township: Lake
- Driving Directions: 111th and Kedzie, west to 3441-3457 W. 111th Street Chicago, Mt. Greenwood.
Heating & Cooling
- Cooling Type: Wall Sleeve
- Heating Type: Central Building Heat, Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Natural Gas Available, Sewer Connected, Water Available
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane
- Sub-Flooring: Carpet, Tile, Varies
- Stories/Levels: 3
- Square Feet: 3,000
- Current Bldg. Use: Medical/Dental
- Year Built: 1968
Unit Information
- # Tenants: 3
Lot Features
- Lot Size (Sq. Ft.): 20,000
- Lot Dimensions: 150 x 120
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s
- Assessment Year: 1968
- Tax Amount: $13,732
- Tax Year: 2024
- Tenant Pays: Electricity
Disclosures and Reports
- Property ID: 24232020861016
Buyer's Brokerage Compensation: Contact Listing Agent
Not binding unless confirmed by separate agreement among applicable parties.
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3441-57 W 111 Street, Chicago, IL 60655 (MLS# 12708859) is a Commercial property. 3441-57 W 111 Street is currently listed for $575,000 and was received on July 20, 2026. This property is listed by Chuck Groebe from our Gold Coast Office.Want to learn more about 3441-57 W 111 Street? Do you have questions about finding other Commercial real estate for sale in Mount Greenwood? You can browse all Mount Greenwood real estate or contact a Coldwell Banker agent to request more information.


