Chicago, IL 60616 42-58 E 26th Street # 42-58
$2,050,000



24 more

























Presented By: Blue Door Dave Inc
Home Details
This 5 unit Commercial Retail property has 5 beautiful spaces with upgrades all done in the last 5 years. Each tenant loves their space and are open to staying if new owner prefers. There is also flexibility if the new owner wants to open a business as well. You have the best of both worlds. The property sits at the bottom of the Bronzeville Lofts which is a professionally managed hoa condo building. The property only has 1 pin which is convenient for the new owner and is currently cash flowing with tenants. The property practically runs itself. An investor would only be responsible for taxes & insurance. Tenants are responsible for everything else per their commercial modified lease agreement. Tenants are responsible for all their own maintenance, hvac, plumbing, & electrical. Location has great exposure to the South Loop and less than 90 seconds from the expressway. Don't miss out on this amazing 5 unit Commercial Retail Space. Tenants are Salon Sevhn, a luxury hair salon with a long term lease. Guaranteed Rate, a Nationally Recognized residential mortgage lender, Blue Door Dave Real Estate, a local Boutique Real Estate Office, Bronzeville Community Center, a locally RN ran facility to provide office services amongst many others & Exceptional Building Services, a commercial cleaning service. Schedule your showing today!!!
Presented By: Blue Door Dave Inc
Interior Features for 42-58 E 26th Street # 42-58
Other Interior Features
FlooringWood
General for 42-58 E 26th Street # 42-58
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
DirectionsHead west on 26th St. At the NE corner of 26th and Wabash
ElectricCircuit Breakers
Gross Income231828
Leasable Area2395
Lease TypeModified Gross
Lot Size Square Feet8868
MLS AreaCHI - Near South Side
Net Operating Income195142
Number Of Units Total5
Operating Expense5241
PossessionClosing
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories1
Tax Annual Amount57845
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat, Scavenger
TownshipSouth Chicago
Unit Number42-58
Year Built1930
ZoningCOMMR
Exterior for 42-58 E 26th Street # 42-58
Building Area Total8694
Foundation DetailsConcrete Perimeter
Lot Dimensions49X193
Additional Details
Price History
