8910 S Commercial AVE, Chicago, IL 60617
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8910 S Commercial AVE, Chicago, IL 60617
8910 S Commercial AVE, Chicago, IL 60617
8910 S Commercial AVE, Chicago, IL 60617
8910 S Commercial AVE, Chicago, IL 60617

$1,030,000

Est. payment /mo
Est.Price: ?

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8910 S Commercial AVE Chicago, IL 60617

SOLD DATE : 02/25/2022

Key Details

Sold Price $1,030,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11246929

Sold Date 02/25/22

Year Built 1911

Annual Tax Amount $9,706

Tax Year 2019

Lot Dimensions 50 X 138.5

Property Sub-Type Mixed Use

Property Description

Vibrant South Chicago Commerical Cooridor. Perfect Turn Key 100% Fully Stablized 9.5% ++ Cap rate. Exceptional Gut Renovated Over Engineered Monsterous 6 Unit Trophy Mixed Use spans 50 feet of Frontage and consumes majorirty of 138.5 deep lot with attached garage parking and 2 massive side by side full basements. Retail Anchored by Long Term Medical Center & Childrens Academy coupled with 4 Hyper Luxury Residential 3 bedroom 2 bath Units - Features gorgeous red oak hardwood floors and a spacious living/dining/kitchen with huge windows. Stunning kitchen has 42" cherry cabinets, stainless steel appliances including refrigerator, dishwasher and microwave, and a large peninsula with seating for three. The large master bedroom has two closets with double-hanging stainless steel organizers and en-suite bathroom with a whirlpool tub. Washer Dryer in Units, All Separate Gas Forced Air and Central Air, Over-sized rear deck offers phenomenal outdoor space. Light fixtures equipped with Decora switches and dimmers & strategically placed cable & electric for flat-screen televisions. Conveniently close Lake Shore Drive & Within a Block of Major Buses. Set in Booming Economic Hot Spot that is Poised for Continued Growth steps from City RFP INVEST SOUTH WEST. Gross Income 156K, 100% Occupied Strong NOI Offers 9.5++ CAP RATE. Join the continued commerce on Commerical. Perfect 1031 or Armchair Cash Cow. 48 hours Notice required for all showings M-F.

Location

State IL

County Cook

Area Chi - South Chicago

Interior

Cooling Central Air

Fireplace N

Building

Structure Type Brick

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Midwest Real Estate Data (MRED) IDX
Listed by Karen Biazar of  North Clybourn Group, Inc. 
Bought with Alison Ali of Keller Williams Innovate

NEARBY SCHOOLS & BUSINESSES

Wade Marshall

Wade Marshall

Real Estate Advisor License ID: 475.129060

+1(773) 450-1247

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