1703 West Chicago AvenueChicago, IL 60622Price: $2,900,000

  • Price: $2,900,000
  • 36 Days on Market
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Federal 30-year interest rate: 3.1% last updated on Nov 24, 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.
  • 2021Year Built

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Brand new construction,beautiful Mixed-Use building in West Town with tons of visibility on Chicago Ave. One block west of the Ashland/Chicago intersection provides for heavy foot and vehicle traffic all day. This 4-flat building is comprised of 2,345sf of retail storefront (available for Lease) with 3 beautifully finished apartments each on their own floor. This is perfect for any Owner occupant wanting to run their business out of the storefront and earn passive income with the apartments,or for a completely passive investor to acquire a fully leased,brand new construction building to collect their check every month. Conservative pro-forma NOI is at $200,000 annually. Area Tenants include Mariano's,Walgreens,Anytime Fitness,Yuzu Sushi,Funkenhausen,Sprout Home,and many more. Close proximity to the Division,Chicago,and Ashland Blueline stops. Multiple bus stops within blocks.

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Listed by Brandon Bollig and Ian Feinerman of @properties Commercial

Based on information submitted to MRED  as of November 27, 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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