7259 W Irving Park Road, Chicago, IL 60634 - Photo 1

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$499,900 Contingent

For Sale
Contingent
Business
3,000 Sq. Ft.

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Property Description

Business is NOT included in the offering. Current tenant has a lease through December 31, 2030 with a FIVE year option. Strictly property investment only unless purchaser can negotiate with the tenant to end lease. Seller will NOT entertain any offers subject to possession nor negotiating with tenant. PLEASE DO NOT DISTURB TENANT AT ALL. Any personal/business property is not included with the sale. Current rent is $5600 with gradual increases to $5800 in 2030. and increases during option period. Currently $67,200 gross rent less taxes and insurance approximately $48,000. net income or 9.6% return cash on cash. Owner claims tenant is solid and has not been delinquent on rent payments. Future development right across the street from Harlem/Iring shopping plaza. Again - PLEASE DO NOT DISTURB TENANT. Drive by showing only at this time. Survey in additional info. Any questions regarding this listing please contact Norbert Mika - Text or email preferred.

Full Property Details

Full Property Details for 7259 W Irving Park Rd

General

Price: $499,900
Taxes: $16,341 (2023)
Status: Contingent
Type: Business
Source: MRED
MLS ID: 12292141
Updated: 11/26/2025
Added to Site: 365 day(s) ago

Business

Business Type: Auto Service

Interior

Interior Features: Heavy Floor Load, Overhead Door(s), Private Restroom(s), Public Restroom(s), Skylight(s), Storage Inside

Location

Area: CHI - Dunning
County: Cook
Driving Directions: Irving Park West of Harlem
Location Details: Central Business District, Corner, Mixed-Use Area, Public Transport Avail

Heating & Cooling

Cooling Type: Exhaust Fan, Window Unit(s)
Heating Type: Ceiling Units, Forced Air, Gas

Utilities

Onsite: Electricity to Site, Natural Gas Available, Water Available

Structural Information

Construction: Brick, Concrete
Exterior Const.: Brick, Concrete
Roof: Rubber
Stories/Levels: 1
Square Feet: 3,000

Lot Features

Lot Size (Sq. Ft.): 10,266
Lot Size Range: Less than .25 Acre
Lot Dimensions: 83 x 125 x 62 x 25 x 112
Frontage: City Street
Potential Use: Commercial, Condominium, Multi-Family, Retail
Zoning: COMMR

Financial Considerations

For Sale/Rent/Lease: For Sale Only
Tax Amount: $16,341
Tax Year: 2023
Tenant Pays: Common Area Maintenance, Electricity, Heat, Insurance, Repairs, Scavenger, Sewer

Disclosures and Reports

Property ID: 12242070010000

Listed by Compass

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Schools

Schools serving 7259 W Irving Park Rd

School District:Chicago Public School District 299

Name	Grades	Distance
Bridge Elementary School 3800 North New England Avenue, Chicago, IL 60634	PK-8	0.6 mi
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634	9-12	1.8 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 7259 W Irving Park Rd Get Price Alerts and Save Property

Date

Details

Price

Change

Source

3/07/2025

Price Reduced

$499,900

-9.11%

MLS

2/17/2025

Listed

$550,000

—

MLS

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.

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7259 W Irving Park Road, Chicago, IL 60634 (MLS# 12292141) is a Business property. 7259 W Irving Park Road is currently listed for $499,900 and was received on February 17, 2025. Want to learn more about 7259 W Irving Park Road? Do you have questions about finding other Business real estate for sale in Dunning? You can browse all Dunning real estate or contact a Coldwell Banker agent to request more information.

7259 W Irving Park Rd Chicago, IL 60634