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400 E 69th Street

Chicago, IL 60637
  • $499,000
  • STATUS: Active
  • ON SITE: 123 Days
  • MLS #: 12183675
UPDATED: 140 min ago
$499,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1907
County:
Area:

School Ratings & Info

Description

Excellent investment opportunity in the Greater Grand Crossing / Park Manor area. Mixed Residential and Commercial building consisting of 3 Commercial spaces and 7 residential units. The residential unit mix is (2) 3 bedroom units and (5) 2 bedroom units. The commercial unit mix is currently an occupied church, occupied restaurant and an occupied not for profit organization. The church has been there for 5 years and is considered a building hub and staple to the community. There are 6 residential units fully occupied and 1 unit recently renovated and soon to be occupied. There are individual furnaces (7 yrs old), water heaters and electrical panels for all commercial and residential units and 3 AC units for the commercial spaces. The roof was re-coated 3 years ago and the porches and electrical were upgraded to City of Chicago building code 3 years ago The building has 3 separate PIN numbers and is currently cash flowing with potential growth. There is an 18,070 square foot lot adjacent to the building that can be negotiated and included in this deal. Awesome investment for the seasoned investor looking to grow their portfolio.

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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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400 E 69th Street Chicago, IL 60637

  • Price: $499,000
  • Status: Active
  • On Site: 123 Days
  • Updated: 140 min ago
  • MLS #: 12183675
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1907
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Excellent investment opportunity in the Greater Grand Crossing / Park Manor area. Mixed Residential and Commercial building consisting of 3 Commercial spaces and 7 residential units. The residential unit mix is (2) 3 bedroom units and (5) 2 bedroom units. The commercial unit mix is currently an occupied church, occupied restaurant and an occupied not for profit organization. The church has been there for 5 years and is considered a building hub and staple to the community. There are 6 residential units fully occupied and 1 unit recently renovated and soon to be occupied. There are individual furnaces (7 yrs old), water heaters and electrical panels for all commercial and residential units and 3 AC units for the commercial spaces. The roof was re-coated 3 years ago and the porches and electrical were upgraded to City of Chicago building code 3 years ago The building has 3 separate PIN numbers and is currently cash flowing with potential growth. There is an 18,070 square foot lot adjacent to the building that can be negotiated and included in this deal. Awesome investment for the seasoned investor looking to grow their portfolio.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Roof Structure Flat

Interior Features

Cooling Central Air Heat Ventilation Forced AirGas

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 10508 Built Before1978 YN Yes Current Use Commercial Electric Circuit BreakersSeparate Meters Fire Protection Fire Extinguisher/sOtherCarbon Monoxide Detector(s) Geographic Locale Chicago South Gross Income 123000 Gross Scheduled Income 123000 Insurance Expense 5500 Location CornerMixed Use AreaIn City LimitsHigh Traffic Area Mls Actual Status Active Net Operating Income 107332 Number Of Tenants 9 Operating Expense 15668 Ownership Types Limited Liability Corp Possible Use CommercialMulti-FamilySpecial UseOther Property Sub Type Apts/Ofc/StoreApts/OfcApts/Stores Rental Price 0 Seller Needs Cash Tax Annual Amount 16049 Tax Year 2022 Total Monthly Income 10250 Township Hyde Park Type Mixed Use Utilities Electric to SiteGas to SiteSanitary SewerWater-MunicipalWater to Site

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of eXp Realty, LLC: 888-574-9405.


© 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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Chicago IL, 60619-1910