2916 West Irving Park RoadChicago, IL 60618Price: $670,000

  • Price: $670,000
  • 116 Days on Market
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Federal 30-year interest rate: 6.77% last updated on Feb 15, 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.
  • 3,332Square Feet
  • 1918Year Built

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ENDLESS POTENTIAL IN THIS PERFECT MIX USE BUILDING LOCATED IN SOUGHT AFTER IRVING PARK. THIS PROPERTY FEATURES A COMMERCIAL SPACE WITH OVER 2000 SQUARE FEET ON THE FIRST FLOOR HAS BEEN A BAR AND GRILL FOR 10 YEARS WITH THE SAME TENANT AND IT ALSO HAS A TALL DRY BASEMENT AREA WITH A HALF BATH AND 1 PARKING SPACE. 2ND FLOOR FEATURES 1200 SQUARE FEET OF LIVING SPACE 3 BEDROOMS AND 1 BATH REMODELED APARTMENT WITH BEAUTIFUL HARD WOOD FLOORS AND9 FOOT CEILINGS. VERY WELL TAKEN CARE OF BY LONG TERM MONTH TO MONTH TENANT. THIS IS BUILDING FEATURES MANY UPGRADES NEWER FLAT ROOF, NEWER CENTRAL AIR AND WINDOWS, AND NEWER STEEL BACK STAIRS. VERY NICE TUCKPOINTING TRU OUT THE BUILDING, GANGWAYS AND HALLWAYS ARE IN EXCELLENT CONDITION. TENANTS PAY THEIR OWN UTILITIES. THIS IS A THRIVING AREA WITH A LOT OF REDEVELOPING OPPORTUNITIES. THE BAR AND GRILL HAS BEEN TASTEFULLY REMODELED. THE BUILDING IS CURRENTLY GROSSING 4,700 A MONTH.COMMERCIAL AREA PAYS 3,400.00 A MONTH AND THE 2ND FLOOR APARTMENT PAYS 1,300.00. COMMERCIAL AREAS LEASE IS UP 11/30/23 AND RENT WILL BE INCREASED. DONT MISS OUT ON THIS INCOME GENERATING BUILDING. A DEFINITE MUST SEE TO APPRECIATE.

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Listed by Alcides Rodriguez of RE/MAX City

Based on information submitted to MRED  as of February 21, 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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