About The Property

Value-add, mixed-use, 4-unit building in Humboldt Park featuring 2 large ~1200sf three bed, one bath (3/1) residential units, 1 ground floor studio, and 1 open commercial space (~850sf) Perfect for an owner-occupant looking to open their small business while off-setting expenses through the building's residential income. The ground floor studio and commercial space are both vacant. 2nd and 3rd floor (3/1) apartments are both rented out for $1300 per month (2nd floor leased through Nov'25 and 3rd floor is MtM). 2 car brick garage in the rear. Significant rental upside both as-is and with renovations. Just 2 blocks West of the Park itself ideally located to benefit from Humboldt's continued growth and investment momentum.
Courtesy of Cross Street Real Estate [email protected]
Listing Snapshot
Days Online
41
Last Updated
Property Type
Two To Four Units
Beds
6
MLS Number
12480884
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Additional Details

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Basement
"Unfinished", "Full"
Building
Construction Materials: "Brick", Rebuilt: No
Expenses
Electric: 300, Fuel: 600, Insurance: 5005, Trash: 2398
Garage
2 spaces
Heating
"Natural Gas"
Lot
Dimensions: 25x100
Parking
Parking Total: 2, "Yes", "Garage Owned", "Detached", "Garage"
Property
Zoning: MULTI
Roof
"Rubber"
Sewer
"Public Sewer"
Utilities
Water Source: "Lake Michigan"
Taxes
Annual Taxes: $7,407, Year: 2023
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30 Days Snapshot Of 60647
$634k
-7%
(avg) sold price
32
+10%
homes sold
17
+21%
(avg) days on market
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Monthly Payment
$0

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