S 3252-56 Wallace Street, Chicago, Illinois, United States, 60616

2,000,000
for Sale
PER SURVEY

About the property:

Rare Bridgeport mixed-use investment opportunity featuring 12 residential units, 3 street-level commercial spaces, and an oversized garage. This substantial property offers multiple income streams and significant value-add potential in a highly desirable location near Chinatown, public transportation, expressways, restaurants, shopping, and neighborhood amenities. Residential units consist of a mix of 1-bedroom and 2-bedroom layouts, with many existing rents offering potential upside for the next owner. Three commercial storefronts provide additional leasing and income opportunities. The oversized rear garage offers exceptional space and flexibility for parking, storage, or other permitted uses. Excellent opportunity for an investor seeking an established income-producing asset with potential to improve operations and increase NOI over time. Buyer to perform due diligence regarding zoning, legal use, unit count, building condition, and all intended uses.Property is being offered AS-IS.
Property Type:
Multi Family 5+
Status:
for Sale
House Style:
Other
Area:
CHI - Bridgeport
Heating Type:
0
Cross Street:
S. Archer Ave. Ste. 3
Directions:
3200 block south of Wallace Street
Is Bed:
Yes
Is Building:
Yes
Is Investment:
Yes
Is Multiple:
Yes
Is Mix:
Yes
Is Other:
Yes
Is Parking:
Yes
Is Pub:
Yes
Is Storage:
Yes
Is Spa:
Yes
Is Transportation:
Yes
Is Unit:
Yes
Annual Property Taxes:
25,407.10
Listing ID:
12779279

Rooms

Dimensions

Brokered by:
Century 21 Realty Associates
Presented By: