Chicago, IL 60628,433 W 115th ST
Chicago, IL 60628,433 W 115th ST
Chicago, IL 60628,433 W 115th ST
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$288,000
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433 W 115th ST Chicago, IL 60628

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12434285

Year Built 1927

Annual Tax Amount $849

Tax Year 2023

Lot Dimensions 30X110

Property Sub-Type Mixed Use

Property Description

With strong bones and authentic charm, this space offers the kind of raw potential that savvy and experienced investors and creative renovators dream of! Discover the potential of this character-rich red brick MIXED-USE building (B3-1 zoning) located in Chicago's vibrant location, which encompasses the Roseland and Washington Heights neighborhoods. This versatile property features three spacious 2-bedroom, 1-bath residential units and a street-level commercial storefront, currently operating as a beauty salon/barbershop. A detached 2-car garage adds further value. The building is partially occupied with month-to-month tenants, and current rents are well below market-offering a prime value-add opportunity. While it's not a blank slate, this building is ready for thoughtful renovations to unlock its full earning potential. Whether you're an investor seeking your next income-producing project or an owner-occupant with vision, this property offers flexibility, function, and strong upside. A new furnace was installed in January 2025-setting the stage for future improvements. Seize the opportunity to reimagine and revitalize this classic Chicago asset in a neighborhood on the rise.

Location

State IL

County Cook

Area Chi - West Pullman

Zoning OTHER

Interior

Cooling Window Unit(s)

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 2


Midwest Real Estate Data (MRED) IDX
Listed by Alina Alexa McCurdy • Engel & Voelkers Chicago

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Dennis & Karen

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+1(219) 213-3346

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433 W 115th ST