Chicago, IL 60626 1409-11 W Lunt Avenue

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Presented By: Berkshire Hathaway HomeServices Chicago
  • MLS# 12433139
  • 07/30/2025
  • Request Tour
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  • SQFT • 3,754

Home Details

Great investment opportunity in Rogers Park just steps to the Lake! This building features two apartment units on the 2nd level both featuring individual HVAC and 11 ft ceilings. 2E is a 2 bed 1.5 bath unit that has been recently updated w/ SS appliances, in unit laundry, engineered hardwood floors throughout and modern bathroom finishes. 2W features 2 bedrooms, 1 bath and a dining room. There are 2 commercial units which the tenant combined them to be one convenience/liquor store. All tenants pay all their own utilities except water. Roof is newer, as are commercial storefront windows and more. There is also a billboard on the east side of the building bringing in $500/month with 3 more years on the current lease which renews every 5 years. This armchair investment has very little common space to maintain and minimal expenses, with room to increase rents over time. All this located in booming Rogers Park with easy access to Lake Shore Drive, Loyola, the Red Line, downtown, parks along the lake, bars, restaurants and more, making the units upstairs easy to rent.
Presented By: Berkshire Hathaway HomeServices Chicago

General for 1409-11 W Lunt Avenue

Additional Parcels Y/NNo
Cap Rate6.15
CityChicago
Construction MaterialsBrick
CoolingCentral Air, Central Individual
CountyCook
DirectionsLunt west of Sheridan to SW corner of Glenwood and Lunt
ElectricCircuit Breakers
Electric Expense250
Fuel Expense
Gross Income92880
Insurance Expense3871
Lot Size Square Feet2720
MLS AreaCHI - Rogers Park
ModificationTimestamp2025-08-06T17:29:01.646Z
Net Operating Income78745
Number Of Units Total4
Operating Expense7400
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount8534.52
Tax Year2023
Tenant PaysAir Conditioning, Electricity, Heat, Varies by Tenant
Trash Expense0
Water Sewer Expense1200
Year Built1913
ZoningCOMMR

Exterior for 1409-11 W Lunt Avenue

Building Area Total3754
Lot Dimensions40X68

Additional Details

Price History

Client Care

Price $1,279,000
MLS#12433139
List Date 07/30/2025
Property Type Commercial
Phone 847.485.2500
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