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About the Listing 87738 - 175275
Finding any storefront space on such a busy corner of Belmont Cragin is rare, but one with 33 feet of frontage elevates this property to unicorn status. In a neighborhood where rents climbed 15% last year, steps from Austin and Diversey, two CTA bus lines at the door and roughly 13,000 vehicles passing daily - sitting above three apartments with unlimited potential. Exceptional short and long-term upside for the investor running the value-add play or taking the flip. Particularly well-suited for the business owner ready to put their operation in the storefront and let the rents carry the mortgage - a live/work setup that rarely comes together this cleanly. Ground-floor storefront with full unfinished basement for additional storage or expansion that really benefits from the additional window space afforded by the extra frontage. Up one flight, a 3 bed/1 bath. The second floor has a 2 bed/1 bath and a 1 bed/1 bath. All the apartments are rented below market rates, providing an immediate opportunity plus tons of value-add potential through rehab. In back, that extra width shows up again, and this time it's felt through the additional yard space afforded even with a 2-car garage on-site. Full brick exterior with good bones and unlimited potential. Ground-floor storefront with full unfinished basement for additional storage or expansion that really benefits from the additional window space afforded by the extra frontage. Up one flight, a 3 bed/1 bath. The second floor has a 2 bed/1 bath and a 1 bed/1 bath. All the apartments are rented below market rates, providing an immediate opportunity plus tons of value-add potential through rehab. In back, that extra width shows up again, and this time it's felt through the additional yard space afforded even with a 2-car garage on-site. Full brick exterior with good bones and unlimited potential.
Listing Highlights for 2709 N Austin Ave
Interior Details
- Appliances:
- Air Cond: Window Unit(s)
- Heating: Forced Air,Gas
- Fireplaces:
- Floor:
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 33 X 124
- Zoning: OTHER
- Roof:
- Others:
- Sewer:
- Parking Features: 1-5 Spaces
Financial Details
- Tax Amount: $4,807
- Taxes w/Assessments: N/A
- Tax/Property ID: 13294000160000
- Tax Year: 2024
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Monthly Payment
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Listing Location
Questions About..
2709 N Austin Ave Chicago, IL 60639
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