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CHICAGO , IL 60608
4 Beds, 0.0 Bath(s) $479,900
Property Type: MU
Parking: 3 spaces
|Remarks - AMAZING LOCATION! MIXED USE BUILDING IN EAST PILSEN. GREAT LOCATION JUST DOWN THE BLOCK FROM LOOMIS/BLUE ISLAND/18TH ST INTERSECTION. SECOND FLOOR HAS A HUGE 2 BED, 2 BATH APARTMENT. RENTED FOR $2K. 203k Loan is perfect here. FIRST FLOOR is unfinished -HAS AN OPEN FLOOR PLAN THAT COULD POTENTIALLY HAVE A GALLERY OR SPACE FOR THE CLEVER ENTREPRENEUR. CoulBASEMENT with lower CEILING HEIGHT and not usable for much other than storage. PARKING PAD IN REAR. BRAND NEW REAR DECK AND FACADE IN FRONT. UNMETERED STREET PARKING IN FRONT. BLUE ISLAND BUS RUNS RIGHT IN FRONT AND GETS YOU DOWNTOWN QUICKLY. WALK OR BIKE TO UIC AND LITTLE ITALY AREA. EASY TO SHOW.Why not Use a fha 203k multi use loan. Why pay rent, This is 1 commercial(for office space/etc) on first floor and 1 residential on 2nd. The zoning isC-12 (commercial zoned land) . Seller prefers to have buyer build out main level . verify zoning etc. Can be sold as packaged deal with 1931 S Canalport for additional $479,900.
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