7938 South Western AvenueChicago, IL 60620Price: $569,000

  • Price: $569,000
  • 77 Days on Market
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Federal 30-year interest rate: 6.94% last updated on May 23, 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.
  • 3,444Square Feet
  • 1968Year Built

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INVEST IN BEVERLY VIEW!---- Great opportunity to invest or set up your own storefront business with two apartments above to help pay for the mortgage. This is a three-lot, 3 pin property with 75 foot frontage on Western Ave. 23,000 car per day traffic count, this property is highly visible and next to the very active 79th street intersection with mostly new retail and fast food too. It consists of a 3 story building, has one occupied remodeled store--$2050/month-to-month---will vacate with 90 day notice. Two 2-bedroom apartments in good condition, currently vacant, lease value is about 1000/apartment. There is a full basement below for storage/commercial use plus a 2 car parking pad out back. Included is the adjoining 50x106 lot which can be paved for parking or to build more space. This address is part of the GREATER SOUTHWEST INDUSTRIAL TIF DISTRICT.

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Listed by Alberto Gonzalez of Exit Strategy Realty

Based on information submitted to MRED  as of May 29, 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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