Chicago, IL 60623,2458 S Sacramento Avenue
Chicago, IL 60623,2458 S Sacramento Avenue
Chicago, IL 60623,2458 S Sacramento Avenue
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$449,900
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2458 S Sacramento Avenue Chicago, IL 60623

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UPDATED:

11/11/2024 06:07 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12202297

Year Built 1912

Annual Tax Amount $4,852

Tax Year 2023

Lot Dimensions 50X125

Property Description

Unlock unparalleled investment potential with this mixed-use property, featuring two renovated apartments and a storefront equipped with tens of thousands of dollars in equipment. This cash-generating property includes an adjacent vacant lot, currently used for parking but offering limitless development possibilities. For those looking to maximize returns, consider redeveloping both the existing structure and the adjacent lot. Together, the combined double lot could accommodate a brand-new development with up to six units-four residential and two commercial storefronts-transforming the site into a high-yield, mixed-use property. Alternatively, keep the current structure, make necessary updates, and continue to use the vacant lot for additional parking. With options for immediate income and future growth, this property is an outstanding investment opportunity.

Location

State IL

County Cook

Zoning OTHER

Interior

Cooling Central Air

Fireplace N

Exterior

View Y/N true


Listed by Jesus Vazquez • RE/MAX City

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Joanna Stawarz

Real Estate Broker | License ID: 475184483

+1(773) 510-6834

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2458 S Sacramento Avenue