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HomeSmart Connect
HomeSmart Connect - Arlington Heights - Corporate Location
frontdesk@homesmartconnect.com +1(847) 495-5000$ 3,195,000
Est. payment | /mo
16,234 SqFt
$ 3,195,000
Est. payment | /mo
16,234 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 16,234 sqft
Price per Sqft $196
MLS Listing ID 12183916
Year Built 2008
Annual Tax Amount $24,050
Tax Year 2023
Lot Dimensions 48X125
Property Sub-Type Mixed Use
Property Description
This beautifully maintained built in 2008 brick 8-unit mixed-use building is located in the vibrant Avondale neighborhood of Chicago, with easy access to the expressway and CTA Blue Line. The property includes six expansive, full-floor 3-bed/2-bath apartments, each about 2,000 SF, featuring high-end finishes like fireplaces, granite countertops, stainless steel appliances, and private balconies. Two retail spaces are leased to established medical tenants with long-term leases, providing stable income. Fully occupied, the building offers opportunities to raise rents with many long term below market tenants and add rooftop decks with downtown skyline views. Additional amenities include indoor parking for six cars and an elevator. An excellent investment opportunity.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling Central Air, Central Individual
Flooring Wood
Fireplaces Number 6
Fireplace Y
Exterior
View Y/N true
Roof Type Membrane
Building
Foundation Block, Concrete Perimeter
Structure Type Block
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tyler Weekes • Cagan's Realty, Inc.