3936 West Roosevelt RoadChicago, IL 60624Price: $294,000

  • Price: $294,000
  • 51 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.
  • 4,500Square Feet
  • 1891Year Built

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Welcome to North Lawndale where business are thriving again and the 24th Ward is being rebuilt one block and business at a time! Come check out this approx. The appraisal for this gem just came in at $295,000 04/2023. The property taxes are being disputed and should see huge reduction upon appeal review. 4500 multi level business waiting for its new owner. It is currently being used as 24th ward candidate headquarters with many private offices on the 1st level and two rental businesses on the 2nd level; a photography studio & EMT training school. Each level have offices, lobbies, reception areas, conference rooms and multiple rest rooms. There is also a kitchenette & tons of storage space. Multiple and separate entrances for each business creates privacy, confidential atmosphere for its tenants and easy access. There are video surveillance security cameras through out the building as well as on the front and rear entrances. This property and space is in great condition with 2 furnaces that there were replaced in 2015 & 2017, separate electrical boxes with one being located on both levels, Central AC which was installed in 2010 & roughed plumbing for a 4th bathroom on level one. The location of these units are ideal with easy access to the expressways, easy accessible via public transportation and would be neighbors to multiple new businesses, restaurants and parks within blocks which drives high traffic. The potential businesses that can benefit and yield high ROI are plentiful. Rather you are thinking of salon suites, barber shop, restaurants, restoring the 2nd level back to apartments, grocery or convenience store, beauty supply store, or leave the existing businesses in tact; bring your vision to life while increasing your wealth and financial freedom. Schedule your tour today. *** NOTE - Property taxes are currently being disputed. ****

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Listed by Daphne Pinkney of eXp Realty,LLC

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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