2721 W Peterson Ave

Chicago, IL 60659
  • $999,500

    Price
  • 0

    Bed
  • 0

    Bath
  • 5,500

    SqFt

About the Listing 88720 - 135301

Don't let the exterior fool you! This exceptional mixed-use property was extensively renovated and expanded with a brand-new second floor completed in 2022. The main level features six fully leased office suites, two bathrooms, a party room, and an attached 2.5-car garage, providing immediate income. The second floor offers two condo-quality residential units, including a spacious 3-bedroom, 2-bath unit with an open-concept floor plan, quartz countertops, full-height backsplash, large island, luxurious primary suite with a walk-in shower and double vanity, generously sized bedrooms, and in-unit laundry. The second unit is a beautifully finished 1-bedroom, 1-bath with quartz countertops, in-unit laundry, and the potential to add a rooftop deck over the garage. Additional improvements include new steel front and rear staircases, new plumbing, new electrical, and numerous other updates. All renovations were fully permitted. The commercial spaces are fully leased, while the upper residential units are currently owner occupied, making this an outstanding opportunity for investors or owner-occupants seeking a turnkey, income-producing property. Financials are uploaded

Listing Highlights

Status Active
Days on Site 27
Property Type Commercial Sale
MLS ® 12717389
Year Built 1971
Total Square Footage 5,500
Lot/Acreage 0.07

Interior Details

  • Bedrooms: 0
  • Bathrooms: 0 Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central Bldg Heat,Forced Air,Gas
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 25 X 124
  • Zoning: COMMR
  • Roof:
  • Others:
  • Sewer:
  • Parking Features: 1-5 Spaces

Financial Details

  • Tax Amount: $7,989
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 13014010400000
  • Tax Year: 2024

Payment Calculator

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2721 W Peterson Ave Chicago, IL 60659

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Originating MLS: mred

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Puneet "Pete" Kapoor - CPA, ABR, PSA, SRS, CIPS, ACP

CPA, SRS, PSA, CIPS, ACP, GROUP LEAD, REALTOR | PRINCIPAL CO-OWNER | The Sterling Group Global | Keller Williams Infinity

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