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350 E 71st Street

Chicago, IL 60619
  • $999,999
  • STATUS: Active
  • ON SITE: 129 Days
  • MLS #: 12141410
Price Reduced
UPDATED: 233 min ago
$999,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1916
County:
Area:

School Ratings & Info

Description

EXCITING COMMERCIAL OPPORTUNITY FOR ASTUTE INVESTORS! Located in the thriving Barack Obama Presidential Library area, this property features a part ownership stake in the renowned Chicago Doughboy Restaurant, a cutting-edge fire suppression system, and owner-owned equipment. Additionally, there's a well-established barbershop and eight 2-bedroom apartments, with tenants responsible for utilities, central air, and recent renovations. The property also includes rear parking. A fantastic cash-flowing investment awaits!

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-08T23:58:15.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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350 E 71st Street Chicago, IL 60619

  • Price: $999,999
  • Status: Active
  • On Site: 129 Days
  • Updated: 233 min ago
  • MLS #: 12141410
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1916
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
EXCITING COMMERCIAL OPPORTUNITY FOR ASTUTE INVESTORS! Located in the thriving Barack Obama Presidential Library area, this property features a part ownership stake in the renowned Chicago Doughboy Restaurant, a cutting-edge fire suppression system, and owner-owned equipment. Additionally, there's a well-established barbershop and eight 2-bedroom apartments, with tenants responsible for utilities, central air, and recent renovations. The property also includes rear parking. A fantastic cash-flowing investment awaits!
Exterior Features

Exterior Building Type Brick

Interior Features

Cooling Central Individual Heat Ventilation Forced Air

Property Features

Additional Parcels YN No Approximate Age Older Built Before1978 YN Yes Electric Circuit BreakersSeparate Meters Fire Protection Alarm On Site Geographic Locale Chicago South Gross Income 168000 Gross Scheduled Income 168000 Insurance Expense 900 Mls Actual Status Active Number Of Tenants 11 Property Sub Type Apts/Stores Rental Price 0 Tax Annual Amount 22000 Tax Year 2023 Total Monthly Income 14000 Type Mixed Use

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Rachael A Real: 630-542-8688.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ani Real Estate. Based on information submitted to the MRED as of 2025-02-08T23:58:15.737 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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7300 S Cottage Grove Ave Suite B
Chicago IL, 60619-1910