2301 W Chicago AVE Chicago, IL 60622

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,556 sqft

Price per Sqft $297

MLS Listing ID 12280215

Year Built 1883

Annual Tax Amount $17,265

Tax Year 2023

Lot Dimensions 25 X 122

Property Sub-Type Mixed Use

Property Description

Amazing opportunity to own a fully renovated in 2017, mixed-use corner building in hot West Town/Ukrainian Village. This high-visibility corner property offers a 7% cap rate and is ideal for investors looking for strong rental potential in one of Chicago's most sought-after neighborhoods. Please note - the rents are below market rates. The property is easily recognizable thanks to the eye-catching mural on its exterior wall, which pays homage to the local culture. The commercial space features the original black bamboo-accented bar and an industrial-chic aesthetic, with exposed ductwork and black ceilings. This versatile space benefits from excellent foot traffic and visibility due to its high-exposure corner location. The property includes four highly desirable 2-bedroom residential units with hardwood floors throughout, open-concept layouts, and high ceilings. Each unit features modern kitchens with white shaker cabinets, quartz countertops, stainless steel appliances, and herringbone subway tile backsplashes. Designer lighting, including fun chandeliers and pendant fixtures, enhances the contemporary vibe. The bathrooms are fitted with brass fixtures and subway tile. Situated in the heart of West Town, this property offers convenient access to public transportation, making it a prime location for residents and businesses. Contact us today for more details or to schedule a private tour!

Location

State IL

County Cook

Area Chi - West Town

Interior

Cooling Central Air

Flooring Wood, Other

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site

Building

Dwelling Type Mixed Use

Level or Stories 3

Structure Type Brick

Listed by Ivona Kutermankiewicz • Jameson Sotheby's Intl Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106