222 East 61st StreetChicago, IL 60637Price: $900,000

  • Price: $900,000
  • 84 Days on Market
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Federal 30-year interest rate: 5.22% last updated on Aug 11, 2022
* 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.
  • 18,000Square Feet
  • 1925Year Built

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OWNER FINACING AVAILABLE! Presenting 222-36 E. 61st St. A commercial/Retail storefront property located in the fast up and coming Washington Park/West Woodlawn neighborhoods. Land Frontage is 128.35 width by 95 deep. Formerly a child care center with licensing approved for 94 students. It is set up as a daycare and it would be perfect for another daycare, huge potential for someone in this business. Building currently offers 18,000 sq. ft. of interior space. Building is in great condition. Tons of new development in the area including the new $800 million Obama Library just east of this location. This property possesses excellent re-development potential. Zoning is B3-2 and this property can be repurposed to accommodate commercial retail or mixed use apartments above storefronts. Conveniently located within 3 blocks of the Green line King Dr. stop. Located very close to Washington Park, The University of Chicago, Hyde Park, Jackson Park, future Obama presidential library, South Lake Shore Dr., Museum of Science and Industry, I-90 and much much more. Owner Financing Available with Heavy Down Payment, owner looking for at least $300,000 and will finance at 5.5% with a fixed interest rate.

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Listed by Juan Espinosa and Anthonie Calvin of E-Professional Realty

Based on information submitted to MRED  as of August 11, 2022 . 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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