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635 W 26th Street, Chicago, IL 60616
$950,000
635 W 26th Street, Chicago, IL 60616View this property at 635 W 26th Street, Chicago, IL 60616
635 W 26th StreetChicagoIL60616
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Property Description
Great Bridgeport Mix Used Building. Features 3 Large (1300 SF) Residential Rentals with 1 (1000SF) Retail Commercial with a 3-year Modified Gross lease with Option. PLEASE DO NOT Disturb the commercial or rental tenants. ALL UNITS are occupied. One tenant is on Month to Month. Rest of the tenants are currently under a lease. Rent Breakdown: Unit 1- $1400 MTM, Unit 2 and 3 - $1550 Lease exp 7/2024, Commercial Unit - $2275 Modified Gross Lease will have a 3% increase 7/2024. **Sellers lender has an assumable mortgage option for qualified buyers.**
Full Property Details
Full Property Details for 635 W 26th St
General
- Price: $950,000
- Taxes: $5,758 (2022)
- Status: Active
- Type: Commercial
- MLS ID: 12036406
- Updated: 4/28/2024
- Added to Site: 14 day(s) ago
Interior
- Interior Features: Multi-Tenant, Storage Inside, Basement
- Flooring: Vinyl, Wood
Location
- Area: CHI - Bridgeport
- County: Cook
- Driving Directions: Canal to 26th Street, West to address
- Location Details: East/West Corridor
Heating & Cooling
- Cooling Type: Central Air Conditioning, Central Individual, Window Unit(s)
- Heating Type: Central Heat/Individual Controls
Structural Information
- Construction: Brick
- Exterior Const.: Brick
- Foundation: Brick/Mortar
- Sub-Flooring: Vinyl, Wood
- Stories/Levels: 2
- # of Stores: 1
- Year Built: 1899
- Built Before 1978: Yes
Unit Information
- # Tenants: 4
- Units w/Refrigerators: 3
- # Dryers: 3
Lot Features
- Lot Size (Sq. Ft.): 3,183
- Lot Dimensions: 40 x 100
- Potential Use: Commercial, Retail
- Zoning: MULTI
Financial Considerations
- Insurance Fee: $1,800
- Operating Expenses: $7,858
- Assessment Year: 1899
- Tax Amount: $5,758
- Tax Year: 2022
- Tenant Pays: Electricity, Heat, Scavenger
Disclosures and Reports
- Documents Avail.: Floor Plan
- Property ID: 17283020270000
Listed by Main Street Real Estate Group
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Schools
Schools serving 635 W 26th St
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
3010 S Parnell Ave, Chicago, IL 60616 | PK-8 | 0.4 mi | |
Tilden Achievement Academy High School
4747 S Union Ave, Chicago, IL 60609 | 9-12 | 2.6 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 635 W 26th St
Date
Details
Price
Change
Source
4/22/2024
Listed
$950,000
29.25%
MLS
3/25/2021
Sold
$735,000
—
Public Record
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 635 W 26th St
Year
Property Taxes
Change
Tax Assessment
Change
2022
$5,759
2%
$27,999
—
2021
$5,630
16%
$27,999
29%
2020
$4,844
-4%
$21,743
-13%
2019
$5,021
2%
$24,993
—
2018
$4,937
-17%
$24,993
-10%
2017
$5,982
-6%
$27,790
-12%
2016
$6,334
9%
$31,624
—
2015
$5,795
2%
$31,624
3%
2014
$5,699
2%
$30,715
—
2013
$5,586
1%
$30,715
—
2012
$5,512
—
$30,715
—
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 635 W 26th St
635 W 26th Street, Chicago, IL 60616 (MLS# 12036406) is a Commercial property. 635 W 26th Street is currently listed for $950,000 and was received on April 19, 2024. Want to learn more about 635 W 26th Street? Do you have questions about finding other Commercial real estate for sale in Bridgeport? You can browse all Bridgeport real estate or contact a Coldwell Banker agent to request more information.