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About the Listing 26654 - 601829
IMMEDIATE CASH FLOW ON DAY 1 FROM THIS INCOME-PRODUCING ARM-CHAIR INVESTMENT EASY MONEY MAKING BUILDING. FULLY LEASED, INCOME-PRODUCING 3-UNIT COMMERCIAL STRIP CENTER IN MOUNT GREENWOOD! THIS PROPERTY DELIVERS STEADY CASH FLOW FROM ESTABLISHED, LONG-TERM BUSINESS TENANTS AND BENEFITS FROM EXCELLENT VISIBILITY AND STRONG LOCAL COMMERCIAL DEMAND. PARKING IS AVAILABLE ALONG THE EAST AND WEST SIDES AND ON 111TH STREET. TWO UNITS HAVE BEEN RECENTLY UPGRADED; THE THIRD HOUSES A CONTEMPORARY HAIR SALON AND A LONGTIME INSURANCE OFFICE TENANT (WITH ITS OWN A/C SYSTEM). ALL TENANTS ARE SUCCESSFUL, STABLE OPERATORS. KEY RECENT CAPITAL IMPROVEMENTS INCLUDE A ROOF REPLACED TWO YEARS AGO AND THREE OF THE FOUR SLEEVE A/C UNITS WERE INSTALLED IN 2024-2025 (INCLUDED). MONTHLY ASSOCIATION ASSESSMENT IS $815 AND COVERS EXTERIOR MAINTENANCE (ROOF, GUTTERS, BRICK, LANDSCAPING, AND SNOW REMOVAL), COMMON-AREA INTERIOR PLUMBING AND BOILER, AND HOT-WATER HEATER. ALL HOT-WATER TANKS WERE REPLACED APPROXIMATELY THREE YEARS AGO. THE MEDICAL SUITE INCLUDES THE 11101 S. ST. LOUIS ADDRESS AND FACES WEST. EVERY UNIT FEATURES A DOUBLE ENTRANCE AND IS DIVISIBLE, OFFERING FLEXIBILITY FOR FUTURE RECONFIGURATION. CALL TODAY FOR FINANCIALS AND TO SCHEDULE A TOUR OF THIS FULLY LEASED INCOME PRODUCER IN ONE OF CHICAGO'S MOST ACTIVE NEIGHBORHOOD COMMERCIAL CORRIDORS.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Wall Sleeve
- Heating: Central Bldg Heat,Forced Air,Gas
- Fireplaces:
- Floor: Carpet,Tile,Varies
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 150x120
- Zoning: COMMR
- Roof: Membrane
- Others:
- Sewer:
- Parking Features: 6-12 Spaces
Financial Details
- Tax Amount: $13,732
- Taxes w/Assessments: N/A
- Tax/Property ID: 24232020861016
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
3441-57 W 111 St Chicago, IL 60655
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