Chicago, IL 60628 501 W 111th Street
$100,000
Presented By: Keller Williams ONEChicago
Home Details
Attention investors, flippers, and contractors! This is your blank canvas: a solid, all-brick, mixed-use building with a proven income-generating layout (storefront + 3 apartments). The mixed-use building features a commercial storefront and three apartments. This building can produce significant income when all units are rented. Sold as-is, the seller is motivated, and there is a lot of value to this property. For the right buyer, this represents a rare chance to customize a cash-flowing asset from the ground up and build significant equity. Schedule a tour today.
Presented By: Keller Williams ONEChicago
General for 501 W 111th Street
Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingNone
CountyCook
DirectionsI-94 (Bishop Ford Freeway): The closest major interstate. You would take exit 72 (111th Street/115th Street) and head west on 111th St. 111th street to normal
ElectricCircuit Breakers
Electric Expense
Fuel Expense
Gross Income
Insurance Expense
Lot Size Square Feet3750
MLS AreaCHI - Roseland
Net Operating Income
Number Of Units Total4
Operating Expense3000
PossessionClosing
Property SubtypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive Under Contract
StatusContingent
Stories Count2
Tax Annual Amount3625.84
Tax Year2024
Tenant PaysVaries by Tenant
TownshipHyde Park
Trash Expense0
Water Sewer Expense0
Year Built1922
ZoningMULTI
Exterior for 501 W 111th Street
BuyerOfficeFax(847) 454-1716
Lot Dimensions30X125
Additional Details
Price History
