Excellent investment opportunity in the heart of Park Manor. Mixed Residential and commercial building consisting of 3 occupied stores Featuring Mabe's Deli as the business hub. There are also 8 1 bedroom 1 bath apartments and a 5 car brick garage for additional income with minor deferred maintenance. All mechanics are newer and in excellent condition. This building is currently cash flowing with pre-determined rent increases coming soon. Existing Cap Rate is 8 and Pro Forma Cap Rate of 15. Building can be purchased as a package deal with 301 E. 75th St if desired.

Based on information submitted to MRED as of June 8, 2023 . 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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Your Questions & Comments I would like to schedule a viewing for (ID # 11763145)

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Your Questions & Comments I found a listing on "The Jelinek Group" which you may be interested in:

314 East 75th StreetChicago, IL 60619Price: $459,900

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The Jelinek Group