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Gerard J. Huguelet
Mobile Phone:
815-861-4401
jerryhuguelet@gmail.com
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Gerard J. Huguelet
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Mobile Phone:
815-861-4401
jerryhuguelet@
gmail.com
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Create An Account
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Buyers Info
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FOR SALE
$255,000

1238 W 51st Street
Chicago, IL 60609

Mixed Use, Business Opportunities
Commercial
2,300
Sq. Ft.
0.068
Acre Lot
Courtesy: REMAX Legends
Home> Illinois> Chicago> 60609
Presenting an exceptional income-generating mixed-use multi-family property situated in the sought-after Back of the Yards neighborhood. Comprising two spacious 2-bedroom apartments, an large unfinished attic, and a generously sized open storefront, this property offers diverse revenue streams. Additionally, a full basement with high ceilings currently serves as a workshop for the commercial space tenants. The storefront is presently leased on a month-to-month basis to a neighboring school, utilized for enriching art classes. Enhancing its appeal, the property includes a two-car brick garage. Ideal for investment purposes, this property accommodates various strategies, whether as an owner-occupied residence with rental income, or full tenancy across all units. Contact your local agent to arrange showings. Tenants are responsible for all utilities, and the property is sold as-is. Notably, the adjacent vacant lot, owned by 'The City of Chicago,' presents a compelling opportunity for potential expansion, enriching the value proposition of this exceptional investment.
11977360
Commercial - Mixed Use, Business Opportunities, 2 Story
1888
Cook
0.068 Acres
2
Brick,Vinyl siding
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

Walk Score

Transit Score

Bike Score

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Courtesy: REMAX Legends
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 4/29/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. 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.

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