8910 South Commercial AvenueChicago, IL 60617Price: $1,049,000

  • Price: $1,049,000
  • 51 Days on Market
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Federal 30-year interest rate: 3.11% last updated on Dec 2, 2021
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • 1911Year Built

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Vibrant South Chicago Commerical Cooridor. Perfect Turn Key 100% Fully Stablized 9.5% ++ Cap rate. Exceptional Gut Renovated Over Engineered Monsterous 6 Unit Trophy Mixed Use spans 50 feet of Frontage and consumes majorirty of 138.5 deep lot with attached garage parking and 2 massive side by side full basements. Retail Anchored by Long Term Medical Center & Childrens Academy coupled with 4 Hyper Luxury Residential 3 bedroom 2 bath Units - Features gorgeous red oak hardwood floors and a spacious living/dining/kitchen with huge windows. Stunning kitchen has 42" cherry cabinets, stainless steel appliances including refrigerator, dishwasher and microwave, and a large peninsula with seating for three. The large master bedroom has two closets with double-hanging stainless steel organizers and en-suite bathroom with a whirlpool tub. Washer Dryer in Units, All Separate Gas Forced Air and Central Air, Over-sized rear deck offers phenomenal outdoor space. Light fixtures equipped with Decora switches and dimmers & strategically placed cable & electric for flat-screen televisions. Conveniently close Lake Shore Drive & Within a Block of Major Buses. Set in Booming Economic Hot Spot that is Poised for Continued Growth steps from City RFP INVEST SOUTH WEST. Gross Income 156K, 100% Occupied Strong NOI Offers 9.5++ CAP RATE. Join the continued commerce on Commerical. Perfect 1031 or Armchair Cash Cow. 48 hours Notice required for all showings M-F.

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Listed by Karen Biazar and Staci Slattery of North Clybourn Group,Inc.

Based on information submitted to MRED  as of December 5, 2021 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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