Chicago, IL 60637 400 E 69th Street

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Presented By: eXp Realty
  • MLS# 12183675
  • 10/08/2024
  • Request Tour
  • Request Info
  • SQFT • 10,508

Home Details

Excellent investment opportunity in the Greater Grand Crossing / Park Manor area. Mixed Residential and Commercial building consisting of 3 Commercial spaces and 7 residential units. The residential unit mix is (2) 3 bedroom units and (5) 2 bedroom units. The commercial unit mix is currently an occupied church, occupied restaurant and an occupied not for profit organization. The church has been there for 5 years and is considered a building hub and staple to the community. There are 7 residential units fully occupied. There are individual furnaces (7 yrs old), water heaters and electrical panels for all commercial and residential units and 3 AC units for the commercial spaces. The roof was re-coated 3 years ago and the porches and electrical were upgraded to City of Chicago building code 3 years ago The building has 3 separate PIN numbers and is currently cash flowing with potential growth. There is an 18,070 square foot lot adjacent to the building that can be negotiated and included in this deal. Awesome investment for the seasoned investor looking to grow their portfolio.
Presented By: eXp Realty

General for 400 E 69th Street

Additional Parcels Y/NYes
Cap Rate21
CityChicago
Construction MaterialsConcrete, Brick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsKing Dr North or South to Address
ElectricCircuit Breakers, Separate Meters
Electric Expense661
Fuel Expense1475
Gross Income123000
Insurance Expense5500
Lot Size Square Feet13810
MLS AreaCHI - Greater Grand Crossing
ModificationTimestamp2025-09-06T16:29:01.550Z
Net Operating Income107332
Number Of Units Total10
Operating Expense15668
PossessionClosing
Possible UseCommercial, Multi-Family, Other
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories Count2
Tax Annual Amount16049
Tax Year2022
TownshipHyde Park
Trash Expense3600
UtilitiesElectricity Available, Natural Gas Available, Sewer Connected, Water Available
Water Sewer Expense4432
Year Built1907

Exterior for 400 E 69th Street

Building Area Total10508
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions0.317
Water SourceMunicipal Water

Additional Details

Price History

Client Care

Price $549,000
MLS#12183675
List Date 10/08/2024
Property Type Contingent
Phone 847.485.2500
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