7055 North Clark StreetChicago, IL 60626Price: $600,000

  • Price: $600,000
  • 54 Days on Market
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Federal 30-year interest rate: 6.7% last updated on Sep 29, 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.
  • 5,198Square Feet
  • 1914Year Built

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10.5% CAP Rate. Gross income $78,000. Expenses $15,000. NOI $63,000. 2 Story Mixed Use Building with C1-2 Zoning in Rogers Park; Building square footage: 5,198 SF. Oversize Lot: 23.42 X 174.10 ft. (Land: 4,077.4 SF). Building occupies every square foot of the lot. 2020 RE Taxes: $10,400. Street level retail store ($3,000 per month gross). Attached rear alley entry for a two-truck garage (21.3 ft. X 24 ft.). Ceiling height 15.9 ft. Overhead door (17.6 ft. X 10 ft.). Garage rent and part of basement ($1,500 per month gross). If the buyer permits, seller is interested in a lease back for the garage and part of the basement. Full basement with over 7.5 feet of ceiling height. 2nd floor, three-bedroom apartment ($2,000 per month gross) has all electric utilities; renovated 4 years ago. The real estate is to be Sold AS-IS. Proof of funds is required prior to showing.

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Listed by Michael Costanzo of Jameson Commercial

Based on information submitted to MRED  as of September 30, 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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