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Stabilized Four-Unit, Mixed-Use Building For Sale on Chicago Ave., East of Ashland. Located in The Noble Square Neighborhood, this four-unit building has three large apartments, an approximately 1,600 sf store front space, and a full, unfinished basement. All of the apartments are currently rented at below market rents. The apartments are all in good condition but could be improved to significantly increase rents. Second and third floor apartments are both three-bedroom, two-bathroom units of approx. 1,200 sf. All bedrooms are large, with big closets. The top floor apartment is an open space with an interior staircase coming up and into the living area. This unit is particularly unique and also has two bathroom's. All three apartments have working fireplaces, granite counter tops and hardwood floors throughout. The commercial space is currently leased by a national tenant on year two of a five-year lease term and with a five-year option. There is a new deck on the back of the building, built with all necessary permits and per COC code. There is a large two car, brick garage at the rear of the lot. The lot size is approximately 25 X 125. Great location in a great neighborhood: Close to downtown, easy access to the expressway (nearby) and room for growth.

Property Details of 1465 West Chicago Avenue

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Listed by Matthew Scuras of Jameson Commercial

Based on information submitted to MRED  as of October 1, 2022 . All data is obtained from various sources and has not been, and will not be, verified by broker or MRED.   All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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