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Listing provided courtesy of Jam Realty CoMREDas Distributed by MLSGrid- MLS# 12541424MLS Provider

Chicago, IL 60625

Commercial · 4,314 Sq. ft.
$1,250,000 Active

Overview

Time on Site:
131 days
Visits:
1

A prime mixed-use investment Corner property that includes a restaurant, mechanic shop, and a beautifully remodeled three-bedroom apartment. The restaurant is leased for $2,100 per month, the mechanic shop for $4,000 per month , and the apartment brings in $1,500 per month on a month-to-month basis. this is a fantastic opportunity to acquire a turnkey investment with steady income streams in a sought-after location. Contact us today for more information and to arrange a viewing.

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Facts & Features

  • Type Commercial
  • Sq. ft. 4,314
  • Price/Sq.ft. $290

Details

General

Income/Expenses

  • Other Expense: 0
  • Electric Expense: 300
  • Existing Lease Type: Gross
  • Fuel Expense: 3000
  • Gross Income: 6700
  • Gross Scheduled Income: 80400
  • Insurance Expense: 4000
  • Trash Expense: 0
  • Water Sewer Expense: 2000

Building Information

  • Year Built: 1926

Business Information

  • Current Use: Commercial

Location/Region

  • County Or Parish: Cook
  • MLS Area Major: CHI - Lincoln Square
  • Township: Lake View

Rent/Lease Information

  • Tenant Pays: Electricity, Insurance, Varies by Tenant

Tax Information

  • Tax Annual Amount: $14,534.40
  • Tax Year: 2024

General Information

  • Parcel Number: 14073070010000
  • Property Sub Type: Condominium
  • Property Type: Commercial Sale

Interior

Building Interior

  • Building Area Total: 4314

General Information

  • Cooling: None
  • Electric: Circuit Breakers
  • Foundation Details: Concrete Perimeter
  • Stories: 2

Exterior

Lot Information

  • Additional Parcels: No
  • Frontage Type: City Street
  • Lot Size Dimensions: 2646
  • Lot Size Square Feet: 2646

Building Exterior/Construction

  • Construction Materials: Brick, Wood

General Information

  • Number Of Units Total: 4

Neighborhood

Community

60625 (Chicago) Demographics

35
Median Age
20,166
Population Density (per sq. mile)
56%
College Educated
$73,114
Estimated Median Income
11,857
Estimated Total Home Owners
18,306
Estimated Total Renters
39% / 61%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

Monthly Cost

$
$ %
%
$
$
Marc Churchill
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Market Data

Based on the last 30 days in this zip code

$543,445
Average List Price
$457
Average Price per Square Foot
39
Properties Sold
37
Average Days on Market
79
Properties for Sale
Calculations provided by Reliance Network

History

Date Event Value Agent
2/24/2026Source: MRED Status Change
Active
2/19/2026Source: MRED Added to Database
February 19, 2026