3906 55th Street, West Elsdon, Chicago, Illinois 60632
$494,900
|
Sold
|
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| Status: | Closed |
| Sqft: | 0 |
| Cost/Sqft: | — |
| Beds: | 3 |
| Baths: | 0 |
| Year Built: | 1915 |
| Property Taxes: | $3,103 |
| Days On Market: | 615 |
| Lot Size: | 0,00 |
Description
Prime Mixed-Use Gem in highly sought after West Elsdon is now up FOR SALE! ULTRA LOW TAXES! WE HAVE A LENDER WITH 100% FINANCING PROGRAM THAT'S AVAILABLE FOR THIS PROPERTY! MAY PASS FHA! This is a RARE opportunity to hit the market with a business storefront AND coach house sitting out back! Situated on the bustling 55th street, this property benefits from high visibility and foot traffic, offering an ideal setting for businesses and residents alike. This unique mixed-use property presents a balanced combination of commercial and residential spaces. This property is 1 of only 3 on 55th street with neighborhood commercial zoning from Pulaski to Western, making it a unique asset. Zoned C-1, this property presents a versatile canvas for a range of business endeavors-C1 permits more intensive, more auto-oriented commercial use types than does B1. Neighborhood Commercial district is to accommodate a very broad range of small-scale, business, service and commercial uses. The C1 ZONING district also allows taverns and liquor stores by-right. From the well-positioned 1st-floor barber shop to numerous creative possibilities like a bakery or coffee shop that this zoning allows for. This 3 unit building offers a generous 3-bed, 1-bath sized coach house, a spacious 2nd-floor duplexed unit w/ finished attic that's perfect for in law arrangement, comes with 3 bedrooms, 2-full baths, a kitchen on 2nd floor and additonal kitchen in the attic that offers its own separate entrance/exit. The finished attic provides an enticing opportunity for additional rental income that will increase your monthly cash flow, making this property a smart investment choice. Additionally, there are 2 billboard spaces available to be leased, attached on the right side of the building that generates $2,400 annually. Do not miss out on this rare opportunity! Schedule an appointment to view this CASH FLOWING property before it's gone! WE HAVE A LENDER WITH 100% FINANCING PROGRAM THAT'S AVAILABLE FOR THIS PROPERTY!
Property Specifics
| Multi-unit | |
| — | |
| — | |
| 1915 | |
| — | |
| — | |
| No | |
| — |
| Cook | |
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| — / — | |
| — | |
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| — | |
| 11949446 | |
| 19113270460000 |
Property History
| DATE: | EVENT: | PRICE: | SOURCE: |
|---|---|---|---|
| 8 Aug, 2013 | Sold | $144,000 | MRED MLS |
| 19 Jun, 2013 | Under contract | $144,000 | MRED MLS |
| 30 May, 2013 | Listed for sale | $144,000 | MRED MLS |
| 24 Jul, 2024 | Sold | $494,900 | MRED MLS |
| 4 Mar, 2024 | Under contract | $494,900 | MRED MLS |
| 26 Jan, 2024 | Listed for sale | $494,900 | MRED MLS |
Room Specifics
Total Bedrooms: 3
Bedrooms Above Ground: 3
Bedrooms Below Ground: 0
Dimensions: —
Floor Type: —
Dimensions: —
Floor Type: —
Full Bathrooms: 3
Bathroom Amenities: —
Bathroom in Basement: 0
Rooms: —
Basement Description: Slab
Other Specifics
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| 3000 | |
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| — | |
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| Not in DB | |
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| — | |
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Tax History
| Year | Property Taxes |
|---|---|
| 2013 | $3,126 |
| 2024 | $3,103 |
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Listing Provided By
Cloud Gate Realty LLC
