Prime Two-Story Retail Building with plenty of parking - Turn-Key Business Opportunity! Seize this incredible opportunity to own a beautifully renovated, mixed-use building in a high-traffic, highly sought-after location! This two-story gem offers endless possibilities for business owners and investors alike. The second floor has been tastefully renovated and sectioned into eight modern suites, 6 of which are already leased, generating 4,000 in monthly rental income. The Pro Forma cap rate will be around 23 when you finish the first floor and put a tenant or two in there. Should be able to generate 2000 additional income per month. The first floor is a spacious, blank canvas spanning over 2,500 sq. ft., ready to bring your vision to life-whether it's more salon suites, a restaurant, cafe, boutique, office, or retail space. High ceilings, newer windows, modern fixtures, and stylish coverings create an inviting atmosphere for any business concept. Additional features include a newly built back porch, a huge basement and garage ideal for extra storage or parking. This property is a rare find with immense potential in a thriving area-don't miss your chance to make it yours! Schedule a viewing today!
Prime Two-Story Retail Building with plenty of parking - Turn-Key Business Opportunity! Seize this incredible opportunity to own a beautifully renovated, mixed-use building in a high-traffic, highly sought-after location! This two-story gem offers endless possibilities for business owners and investors alike. The second floor has been tastefully renovated and sectioned into eight modern suites, 6 of which are already leased, generating 4,000 in monthly rental income. The Pro Forma cap rate will be around 23 when you finish the first floor and put a tenant or two in there. Should be able to generate 2000 additional income per month. The first floor is a spacious, blank canvas spanning over 2,500 sq. ft., ready to bring your vision to life-whether it's more salon suites, a restaurant, cafe, boutique, office, or retail space. High ceilings, newer windows, modern fixtures, and stylish coverings create an inviting atmosphere for any business concept. Additional features include a newly built back porch, a huge basement and garage ideal for extra storage or parking. This property is a rare find with immense potential in a thriving area-don't miss your chance to make it yours! Schedule a viewing today!
Neighborhood
Type
County
Cook
Area
CHI - North Lawndale
Tax Amount
$2,540
Status
Active
Listing #
12281019
Built
1903
Lot Size
0.12
Listed on site
39 days