501 71st Street, Chicago

$399,000

0 Beds
0 Baths
8,648 Sqft
0 Acres
0 Garages

****ATTENTION INVESTORS****Don't snooze on this awesome opportunity! This two-story mixed-use property is now for sale and priced for quick close. Building is located minutes away from Major expressways and steps away from public transportation. Also walking distance from area schools and local businesses. With a total of 10 units (8-2 bedrooms, 1-3 bedroom, 1-Storefront/Retail Space) you are able to maximize your earning potential. Entire building is heated with well maintained boiler system and sits on 0.142 acre. Property also has 6' wrought iron fence in the back that encloses backyard space. Tenants are responsible for cooking gas and electricity only. Various updates have been made to the property in previous years. Porches were replaced in 2013. Most recently a few units have been rehabbed and updated in 2018 and 2019.

Essential Information
MLS® #10542849
Price$399,000
Square Footage8,648
Acres0.00
Year Built1903
TypeCommercial
Sub-TypeMixed Use
StatusActive
Community Information
Address501 71st Street
AreaCHI - Greater Grand Crossing
CityChicago
CountyCook
StateIL
Zip Code60619
Utilities

Sanitary Sewer to Site, Sewer-Storm Available, Water-Municipal

Interior
CoolingNone
# of Stories1
Stories2
Heating

Central Bldg Heat, Gas, Radiators, Steam

Exterior
ExteriorBrick
RoofFlat
ConstructionBrick
FoundationBlock, Concrete
Additional Information
ZoningMULTI
Listing Details
OfficeBaird & Warner
Property History
Status Changed from New to Active
LISTING MAP

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Listing information last updated on October 19th, 2019 at 5:20pm CDT.