7900 South Jeffery BoulevardChicago, IL 60617Price: $250,000

  • Price: $250,000
  • 151 Days on Market
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Federal 30-year interest rate: 6.88% last updated on Apr 11, 2024
* 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.
  • 8,713Square Feet
  • 1963Year Built

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APPRAISED AT" $355,000 in January 2023 and LISTED AS-IS AT $250,000!!! In a B3-2 zoned area, this asset can reap the benefits of 1.) Being in an Opportunity Zone, 2.) Being in Empowerment Zone #6, and 3.) Being on an Invest South West corridor. *This 12,000 square foot corner lot is highly visible at the intersection of 79th and Jeffery. With seven (7) units, 8,713 square feet of rental space, this multi-tenant retail building will be very profitable. You can own a detached freestanding one-story retail building discounted $55,00. (per the appraisal). * Currently partitioned for seven tenants. 6 units are vacant. POSSIBLE commercial uses: Nursey School. General Retail, Office, or Restaurant uses. PARKING includes approximately 7 - 14 cars at the rear of the building. *Some units facing 79th Street: They are #1951 to #1959. *Two units face Jeffery Avenue. Those units are 7900 & 7906. UNIT SQUARE FEET: Units 1951 and 1953 contain 1,278 square feet each. Units 1955 and 1957 contain 1,207 square feet. Unit 1959 is 1,491 square feet. Unit 7900 is 1,136 square feet. Unit 7906 contains 1,116 square feet. CALL AND SCHEDULE TO SEE THE INVESTMENT TODAY!

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Listed by Michael LaFargue and Stewart Morales of Coldwell Banker Realty

Based on information submitted to MRED  as of April 15, 2024 . 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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