Chicago, IL 60622 1959 W Cortland Street
$2,125,000
5 more
Presented By: @properties Commercial
SQFT • 7,000
Home Details
A great investment property in the heart of the Bucktown neighborhood in Chicago. Over 3/4 of the monthly income comes from @properties and Christies International Real Estate. In January 2025, @propeties was acquired for over $440 million by Compass, one of the largest US residential real estate companies with over $180 billion in sales volume and publicly traded on the NYSE with a market cap of approximately $3 billion. @properties has been at this location for over 18 years and recently extended their lease until 2030, showing their commitment to this office. The remaining income comes from two residential units. Strong income demographics.
Presented By: @properties Commercial
General for 1959 W Cortland Street
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingCentral Air
CountyCook
DirectionsSouth from Armitage or North from North Avenue to the property on Damen
ElectricService - 101 to 200 Amps
Electric Expense1000
Fuel Expense1000
Gross Income215000
Insurance Expense6000
Lot Size Square Feet3125
MLS AreaCHI - Logan Square
ModificationTimestamp2025-06-22T17:41:01.638Z
Number Of Units Total3
Operating Expense16000
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories3
Tax Annual Amount28000
Tax Year2023
Trash Expense5000
Water Sewer Expense1000
Year Built1899
Exterior for 1959 W Cortland Street
Building Area Total7000
BuyerOfficeFax(312) 506-0222
Lot Dimensions25 X 125
Additional Details
Price History
