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42-58 E 26th Street , 42-58

Chicago, IL 60616
  • $2,050,000
  • STATUS: Active
  • ON SITE: 23 Days
  • MLS #: 12294912
$2,050,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

This 5 unit Commercial Retail property has 5 beautiful spaces with upgrades all done in the last 5 years. Each tenant loves their space and are open to staying if new owner prefers. There is also flexibility if the new owner wants to open a business as well. You have the best of both worlds. The property sits at the bottom of the Bronzeville Lofts which is a professionally managed hoa condo building. The property only has 1 pin which is convenient for the new owner and is currently cash flowing with tenants. The property practically runs itself. An investor would only be responsible for taxes & insurance. Tenants are responsible for everything else per their commercial modified lease agreement. Tenants are responsible for all their own maintenance, hvac, plumbing, & electrical. Location has great exposure to the South Loop and less than 90 seconds from the expressway. Don't miss out on this amazing 5 unit Commercial Retail Space. Tenants are Salon Sevhn, a luxury hair salon with a long term lease. Guaranteed Rate, a Nationally Recognized residential mortgage lender, Blue Door Dave Real Estate, a local Boutique Real Estate Office, Bronzeville Community Center, a locally RN ran facility to provide office services amongst many others & Exceptional Building Services, a commercial cleaning service. Schedule your showing today!!!

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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 2025-03-15T23:59:17.317 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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42-58 E 26th Street , 42-58 Chicago, IL 60616

  • Price: $2,050,000
  • Status: Active
  • On Site: 23 Days
  • MLS #: 12294912
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1930
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
This 5 unit Commercial Retail property has 5 beautiful spaces with upgrades all done in the last 5 years. Each tenant loves their space and are open to staying if new owner prefers. There is also flexibility if the new owner wants to open a business as well. You have the best of both worlds. The property sits at the bottom of the Bronzeville Lofts which is a professionally managed hoa condo building. The property only has 1 pin which is convenient for the new owner and is currently cash flowing with tenants. The property practically runs itself. An investor would only be responsible for taxes & insurance. Tenants are responsible for everything else per their commercial modified lease agreement. Tenants are responsible for all their own maintenance, hvac, plumbing, & electrical. Location has great exposure to the South Loop and less than 90 seconds from the expressway. Don't miss out on this amazing 5 unit Commercial Retail Space. Tenants are Salon Sevhn, a luxury hair salon with a long term lease. Guaranteed Rate, a Nationally Recognized residential mortgage lender, Blue Door Dave Real Estate, a local Boutique Real Estate Office, Bronzeville Community Center, a locally RN ran facility to provide office services amongst many others & Exceptional Building Services, a commercial cleaning service. Schedule your showing today!!!
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter

Interior Features

Cooling Central Air Flooring Wood Heat Ventilation Central Heat/Indiv ControlsForced AirGas Miscellaneous Inside Multi-Tenant Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 8694 Electric Circuit Breakers Fire Protection Alarm On SiteSprinklers Gross Income 231828 Gross Scheduled Income 231828 Leasable Area 2395 Mls Actual Status Active Net Operating Income 195142 Number Of Tenants 4 Operating Expense 5241 Property Offered For Sale Only Tax Annual Amount 57845 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeatScavenger Total Monthly Income 19319 Township South Chicago Type Retail/Stores Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Blue Door Dave Inc: 312-344-1487.


© 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 2025-03-15T23:59:17.317 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