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About the Listing 10115 - 111203
Solid brick commercial building of approximately 3,000+ SF covering the entire lot. The property features storm shutters protecting the storefront facade. The interior is currently framed for two offices with two (2) roughed in washrooms. The building is set up for 400 AMP service (electric line at the pole recently cut, copper stolen, and will need reconnection). The building currently has no power - you must bring a flashlight for showings. The structure will require significant tuckpointing and masonry work. Many coping stones at the roofline are missing. A new HVAC system will be needed. A section of the wood floor needs to be replaced. The property is located within a Federal Opportunity Zone, providing potential tax incentives and accelerated depreciation for qualified improvements. The condition of the property is reflected in the price. This is an "AS IS" sale. This is an excellent opportunity for an investor, contractor, or owner-user seeking a value-add project.
Listing Highlights
Status
Active
Days on Site
245
Property Type
Commercial Sale
MLS ®
12512185
Year Built
1899
Total Square Footage
3,000
Lot/Acreage
0.07
County
Cook
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 24 x 124
- Zoning: COMMR
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $15,577
- Taxes w/Assessments: N/A
- Tax/Property ID: 16131030070000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
Listing 12512185 Chicago, IL 60612
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