1008 North Western AvenueChicago, IL 60622Price: $645,000

  • Price: $645,000
  • 59 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.
  • 1893Year Built

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Located in Ukrainian Village / West Town, this beautiful Mixed-use Greystone has a lot of history to it and is waiting for your imagination! The property, a total of three units, is zoned B3-2 so you will have plenty of options with this investment opportunity. The vacant storefront is currently partitioned into small offices and reception desk but these are not load bearing walls and can be removed to create a large open space. The drop ceiling could be discarded to expose about 4 more feet of head room and showoff the hidden tin ceiling that is original to the building. In the rear of the storefront is large private office with bathroom and extra storage. The second floor is a spacious 2-bedroom 1 bath apartment with very high ceilings which runs the length of the building. As you exit towards the rear of the building, you'll find yourself in a large, private and inviting brick paved patio. This courtyard sits between the main building and the carriage house. From there, a brand-new staircase will lead you to an adorable studio apartment that sits atop a heated TWO car garage. The Storefront is vacant, the second-floor apartment lease exp 9/22 at $1400, the 2-car garage is rented at $275 and a studio CH space over the Garage. Oh, did I mention there is a full unfinished basement for storage! This building is surrounded by more than you think! One door down is the BoeufHaus - a fantastic French and German inspired brasserie, Joey G's Mac n Cheese, Amish Healthy Foods, several art galleries such as Vertical and Line Dot Editions and some fun bars like the Empty Bottle, Stella's Tap and Sportsman's Club! Public transportation easily accessible. Open your own business in the storefront, live in the upstairs unit, Airbnb one or both of the units, rent everything out...many options here! This one is a winner!

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Listed by Dan Duran of North Clybourn Group,Inc.

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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