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    2442 E 79th Street

    Chicago, IL 60649
    • $99,000
    • STATUS: Active Under Contract
    • ON SITE: 140 days
    • MLS #: 11023389
    Under Contract
    UPDATED: 20 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 eXp Realty. Based on information submitted to the MRED as of 2021-08-04T23:52:47.543 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: 20 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 eXp Realty. Based on information submitted to the MRED as of 2021-08-04T23:52:47.543 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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    eXp Realty
    1544 Shermer Road
    Northbrook IL, 60062