$449,900
2458 S Sacramento Avenue Chicago, IL 60623
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$449,900
Est. payment /mo
Active
2458 S Sacramento Avenue Chicago, IL 60623
UPDATED:
11/11/2024 06:07 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12202297
Year Built 1912
Annual Tax Amount $4,852
Tax Year 2023
Lot Dimensions 50X125
Property Description
Unlock unparalleled investment potential with this mixed-use property, featuring two renovated apartments and a storefront equipped with tens of thousands of dollars in equipment. This cash-generating property includes an adjacent vacant lot, currently used for parking but offering limitless development possibilities. For those looking to maximize returns, consider redeveloping both the existing structure and the adjacent lot. Together, the combined double lot could accommodate a brand-new development with up to six units-four residential and two commercial storefronts-transforming the site into a high-yield, mixed-use property. Alternatively, keep the current structure, make necessary updates, and continue to use the vacant lot for additional parking. With options for immediate income and future growth, this property is an outstanding investment opportunity.
Location
State IL
County Cook
Zoning OTHER
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Jesus Vazquez • RE/MAX City
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