3441-57 W 111 Street, Chicago, Illinois 60655

$575,000

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List Price
$575,000
MLS#
12708859
Status
ACTIVE
Type
Commercial
Subtype
Commercial Sale
County
Cook
City
Chicago
Neighborhood
Mount Greenwood
Days On Market
Unknown

Property Description

Modern 3-unit commercial strip center in Mt. Greenwood along 111th street near Kedzie. Fully leased income producer with steady long-term businesses with parking along the east and west side and along the front on 111th street. Very strong Mt. Greenwood commercial mixed-use economic location. 2 units are recently upgraded medical offices, a modern hair salon, and a longtime insurance office tenant with their own A/C system - all successful business tenants. Roof new only 2 years ago. 3 of the 4 newly replaced in 2024-2025 sleeve A/C units included. $815 monthly assessment. Association dues cover all exterior maintenance, including roof and gutters, brick exterior, all exterior landscaping and snow removal, interior plumbing in the common interior area, including the boiler for all common-area hallways and laundry rooms, and the commercial units' hot water heater. All hot water tanks were replaced approximately 3 years ago. The medical unit at the west end of 111th includes the 11101 S. St. Louis address unit facing west. All units have a double entrance; they are divisible. Call to schedule a tour to see this amazing income-producing property today.

Additional Information

Tax Year
2024
Tax Amount
$13,732
Year Built
1968
Lot Dimensions
150x120
Air Conditioning
Wall Sleeve

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