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About the Listing 87121 - 883837
Opportunity abounds! Unique commercial building at the corner of Augusta and Drake with three bathrooms, a garage space with curb cut, and an underutilized fenced patio area. One unit is currently rented to a convenience store tenant for $3000/mo, set to increase to $3500/mo in January 2026. Lease term through May 2027. The zoning is RS-3 and has a zoning variance for the store - there is an active business license. As long as this business license doesn't lapse for 6 months, it can be renewed. Buyer must verify all zoning details. The other spaces are currently used for owner storage. Lots of new construction and development in the area - there is a 6 unit building across the street currently under contract and will be renovated. Just blocks from Alexander Von Humboldt Park. The vintage Coca Cola sign is excluded.
Listing Highlights
Status
Active
Days on Site
133
Property Type
Commercial Sale
MLS ®
12451066
Year Built
1900
Total Square Footage
3,360
Lot/Acreage
0.1
County
Cook
Area
CHI - Humboldt Park
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air
- Heating: Central Heat/Indiv Controls,Forced Air,Gas
- Fireplaces:
- Floor: Tile
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Municipal Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 34x125
- Roof:
- Others:
- Sewer:
- Parking Features: Parking-Street,1-5 Spaces
Financial Details
- Tax Amount: $12,822
- Taxes w/Assessments: N/A
- Tax/Property ID: 16024160010000
- Tax Year: 2023
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Questions About..
957 N Drake Ave Chicago, IL 60651
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