2800 S Drake Avenue, Chicago, IL 60623

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Description

La Villita/Little Village South Lawndale Neighborhood, Rare opportunity Mix-Use Store front with 3 additional units and a Vacant Side Lot (2804 S Drake) with separate PIN. Property has been in the family for over 40 years. Be your own Boss and operate your own business. Building Offers street level storefront long time prior mom & pop grocery store (Lease recently expired 10/26). The residential portion consists of 1st Floor 4 Room 2 Bedroom, 1 Bath; 2nd Floor Front unit 6 Rooms 3 Bedrooms & 1 Bath; 2nd Floor Rear Unit 4 Rooms 2 Bedrooms & 1 Bath. Full Unfinished Basement for additional Storage plus 2 Car Detached Garage. All utilities are separate, radiators & wall space heaters in units. The current rental income is below market value due to long term tenants. Property has tons of Vintage Charm with original mill work, built ins but being sold “AS IS” with tons of potential just need your renovation ideas for today’s needs for market rental income. Roof approx. 2017 Located near El Arco de La Villita/26th Street Commercial Corridor-one of the highest-grossing shopping neighborhoods in the city, filled with Restaurants, Shopping, Banks, Street Vendors, Murals-Minutes from I-55 & I-290 Expressways, Public Transportation, Midway Airport, 26th Street/Blue Island Avenue for a quick drive to Downtown Chicago and all that the City has to offer.

  • Commercial Sale
    Property Type
  • 1915
    Year Built

Property Documents

Property Overview

  • Property ID 12788001
  • Price $495,900
  • Garage Size x x
  • Year Built 1915
  • Property Status Active
  • Property Type Commercial Sale

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