$975,000
$1,025,000
4.9%For more information regarding the value of a property, please contact us for a free consultation.
3714 N Southport AVE Chicago, IL 60613
Key Details
Sold Price $975,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 10093397
Sold Date 12/14/18
Year Built 1901
Annual Tax Amount $14,748
Tax Year 2017
Lot Dimensions 25X120
Property Sub-Type Mixed Use
Property Description
Mixed use 3 unit building in Lakeview's popular Southport Corridor! Unit #1 is retail at $1167/mo. Unit #2 is retail at $3000/mo. Unit #3 is a residential 3 bedroom apartment projected rent $3095/mo. Optional nightly rental projected gross revenue $59K/yr. The building has been well maintained w/ newer roof, electrical, new sump pump and plumbing. Tenants pay their own utilities. Parking for 6 cars. Many options: live/work, nightly rentals, redevelop and build 4 new units w/ 1 commercial and 3 residential units above or add on/build up. Other Southport tenants: Lululemon, Athleta, Free People, Starbucks, Anthropologie, Amazon, Soul Cycle, Benefit, J Crew, Gap. Walk to train! Zoned B3-2
Location
State IL
County Cook
Area Chi - Lake View
Zoning COMMR
Interior
Cooling Central Air
Flooring Concrete, Wood
Fireplace N
Exterior
Roof Type Reflective Coating
Building
Level or Stories 3
Structure Type Brick
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Bought with Compass