Address
1215 W Grand Avenue, Chicago, IL
Price
$ 2,350,000
Property Attributes
  • MLS#11423690
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Town
  • Zip60622
  • StyleCommercial
  • Year Built1899
  • Taxes$ 16427
  • Price$ 2,350,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size3,384 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Very rare 7 unit building plus additional coach house fully leased comprised of 1200' storefront with high visibility. Can be expanded to 2000'. 2000' basement, 8' ceilings. 7 apartments with in unit washer/dryer & washer/dryer hook-up, central heating and air conditioning. Location in Triple AAA located within Riverwest with easy access to expressway off Ogden, short trip to Fulton Market and Randolph's Restaurant Row, close to public transportation. Immediate commercial convenience include Bari Foods, Salerno's Pizza, Butterfly Sushi, Mat Anthony's, Aberdeen Tap, etc. Epicenter - Grand/Milwaukee & Halsted. 1215 West Grand was built in the early 1900s and each unit has exposed brick and beam, loft style and with fully enclosed bedrooms. All gas cooking in each apartment. Some apartments with small balconies. One bedroom unit floor plans can accomodate both dining and living spaces. Rents are incredibly low for these units, location and this building

Price History
6/3/2022 Listed $2,350,000

General Features

Additional Parcels Y/N No
City Chicago
Construction Materials Brick, Stone
Cooling Central Air
County Cook
Current Use Commercial
Days on Market 6
Directions Grand Ave west to of Halsted to 1215 or Ogden North, then east on Grand Ave to 1215
Electric Circuit Breakers, Separate Meters
Insurance Expense 4379
Lot Size Square Feet 3384
MLS Area CHI - West Town
Net Operating Income 11610
Operatingexpense 4636
Possible Use Commercial, Multi-Family
Property SubType Mixed Use
Property Type Commercial Sale
Property Type Mixed Use
Roof Rubber
Standard Status Active
Status Active
Stories 3
Street Name Grand
Tax Annual Amount 16427
Tax Year 2020
Tenant Pays Air Conditioning, Electricity, Heat
Total Units 7
Virtual Tour https://tours.vht.com/BWI/T434235083/nobranding
Water Sewer Expense 257
Year Built 1899
Zoning MULTI

Interior Features

Flooring Wood
Street Suffix Avenue

Exterior Features

Exterior Brick, Stone
Foundation Details Stone
Frontage Type City Street
Lot Dimensions 30 X 125

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60622

Price
AVG $590K
$2.35M
Taxes
AVG $16,165
$16,427
Visits
AVG 46
16
Year Built
AVG 1954
1899
Walkscore
AVG 95
96
Data Provided by Walkscore ® not using MLS data