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2442 E 79th Street

Chicago, IL 60649
  • $99,000
  • STATUS: Active Under Contract
  • ON SITE: 136 days
  • MLS #: 11023389
Under Contract
UPDATED: 63 min ago
$99,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1920
County:

School Ratings & Info

Description

FABULOUS REHAB OPPORTUNITY IN UP & COMING SOUTH SHORE! THIS HANDSOME MIXED-USE BUILDING FEATURES A LOVELY YELLOW BRICK FACADE AND TILE ROOF DETAILS. THE BUILDING IS COMPOSED OF A FORMER TAVERN WITH FOUR 2 BR/1BA APARTMENTS ABOVE. HERE'S THE BEST PART: WE HAVE AN EXPERIENCED BAR OPERATOR READY TO LEASE YOUR VANILLA BOX RETAIL FOR $12/SF! WHAT DOES THAT MEAN? IT MEANS WE JUST ELIMINATED THE LARGEST POTENTIAL SOURCE OF YOUR BRAIN DAMAGE AND FINANCIAL PAIN. YEP, YOU BUY IT, TUNE IT UP AND DELIVER IT (AND THEN DO THE EASY PART...A RESIDENTIAL LEASE-UP). THIS PIECE WILL BE A STABILIZED 13.5% CAP! C'MON, NOW...DON'T MISS THIS OPPORTUNITY TO CREATE SOME SERIOUS VALUE!

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-08-01T07:51:47.86 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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2442 E 79th Street Chicago, IL 60649

  • Price: $99,000
  • Status: Active Under Contract
  • Updated: 63 min ago
  • MLS #: 11023389
0
Beds
0
Baths
0
½ Baths
0.07
Acres
1920
Built
Neighborhood:
Chi - South Shore
County:
Cook
Area:
Chi - South Shore
Property Description
FABULOUS REHAB OPPORTUNITY IN UP & COMING SOUTH SHORE! THIS HANDSOME MIXED-USE BUILDING FEATURES A LOVELY YELLOW BRICK FACADE AND TILE ROOF DETAILS. THE BUILDING IS COMPOSED OF A FORMER TAVERN WITH FOUR 2 BR/1BA APARTMENTS ABOVE. HERE'S THE BEST PART: WE HAVE AN EXPERIENCED BAR OPERATOR READY TO LEASE YOUR VANILLA BOX RETAIL FOR $12/SF! WHAT DOES THAT MEAN? IT MEANS WE JUST ELIMINATED THE LARGEST POTENTIAL SOURCE OF YOUR BRAIN DAMAGE AND FINANCIAL PAIN. YEP, YOU BUY IT, TUNE IT UP AND DELIVER IT (AND THEN DO THE EASY PART...A RESIDENTIAL LEASE-UP). THIS PIECE WILL BE A STABILIZED 13.5% CAP! C'MON, NOW...DON'T MISS THIS OPPORTUNITY TO CREATE SOME SERIOUS VALUE!
Exterior Features

Construction Materials BrickStone Foundation Details Concrete Perimeter Parking Total 0 Roof Membrane Roof Structure Flat

Interior Features

Cooling None Electric None Fire Protection None Heat Ventilation None Number Of Apts 4 Number Of Offices 0 Number Of Stores 1

Property Features

Additional Parcels YN No Built Before1978 YN Yes Cap Rate 0 Electric Expense 0 Existing Lease Type Modified Gross Expense Year 0 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Chicago South Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Lot Size Dimensions 25X125 Net Operating Income Year 0 Number Of Tenants 0 Operating Expense 0 Other Expense 0 Tax Annual Amount 952 Tax Year 2019 Tenant Pays Other Total Monthly Income 0 Trash Expense 0 Water Sewer Expense 0 Zoning Commr

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of Srfg, Inc.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Schoon Family Group with Keller Williams Elite. Based on information submitted to the MRED as of 2021-08-01T07:51:47.86 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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