$750,000
5444 S State Street Chicago, IL 60609
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$750,000
Est. payment /mo
4,875 SqFt
UPDATED:
11/10/2024 06:07 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,875 sqft
Price per Sqft $153
MLS Listing ID 12203044
Year Built 1886
Annual Tax Amount $2,117
Tax Year 2023
Lot Dimensions 125X25
Property Description
**Exciting Investment Opportunity: Your Dream Property Awaits! Fire your landlord and step into the exciting world of property ownership with this unique multi-use property located at the edge of Washington Park! With high foot traffic and exceptional visibility, this is a rare opportunity to establish your business and generate rental income simultaneously. **Property Highlights:**Prime Location:** Situated next to a vibrant Dunkin Donuts and just two blocks from the I-94 Dan Ryan Expressway, ensuring easy access and connectivity. The surrounding area is undergoing renovations, promising growth and increased value. **Versatile Commercial Space:** The first floor features a blank canvas, a 1,700 sq ft vanilla box commercial space with completed drywall and laminate floors. Perfect for an office or restaurant, it comes equipped with ductwork throughout and a half bath, ready for your vision! - **Spacious Residential Living:** The second and third floors boast a large three-bedroom apartment with a den and two full bathrooms, also each floor offering nearly 1,700 sq ft. Enjoy a generous living room, dining room, and a full-size kitchen with abundant cabinet space. The unit is complete with washer and dryer connections, and an enclosed back porch for added charm. **Parking Potential:** Currently, there is off-street parking available, and you can modify the gated area to allow for 2-3 parking spaces. Ample free street parking is also available! - **Convenient Access to Amenities:** Just 5 minutes from the University of Chicago Hospital and surrounded by a plethora of stores and restaurants, experiencing the charm of city living has never been easier. This is a once-in-a-lifetime opportunity to own a property that combines business potential with comfortable living! Don't miss out on your chance to invest in your future. Schedule your viewing today-this gem won't last long!
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Flooring Vinyl
Fireplaces Number 2
Fireplace Y
Exterior
View Y/N true
Building
Structure Type Brick
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Ursula Shine • Exit Strategy Realty / EMA Management
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Rich Ayers
Team Lead | Realtor | License ID: 470112432
Team Lead | Realtor License ID: 470112432