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Turnkey Mixed-Use Property in Chicago

250 E 115th Street Chicago, IL 60628

250 E 115th Street, Chicago, IL, 60628
$375,000
For Sale
$375,000

COMMERCIAL - Chicago, IL

Lot Size0.06 Acres
Days on Market108

Property Features for 250 E 115th Street

General Information

Property type
Commercial Sale
Property subtype
Other
Fireplace
1
Standard status
Active
APN
25221210050000
Lot size
0.06 Acres

Taxes and HOA fees

Tax Year
2024
Tax Annual Amount
2921

Utilities

Cooling system
Central Air

Building Details

Year built
1914
Floors in Building
2
Number of units
2
Building materials
Brick
Listing Agency Kale Realty
3323 W. Diversey Ave., Chicago, IL
Listed by Keith Martin · License #475147275
Added: Apr 4 Checked: Jul 20 at 2:06 am
MLS# 12547770

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This improved two-story walk-up property features a commercial space and two apartment units. The building has been updated with a new brick face, windows, doors, plumbing, electrical systems, fixtures, and a new roof. The commercial space includes new hardwood floors, exposed brick, a kitchenette, a full bath, and a duplex down to three additional individual suites. The layout and design of the commercial unit are suitable for various retail and office uses. The second floor contains a newly updated four-bedroom, two-bath apartment with separate living and dining rooms, an ensuite, and a walk-in closet, currently tenant-leased. An additional one-bedroom apartment, also tenant-leased and newly updated, features new hardwood floors and a duplex-down family living space. All apartments have modern cabinets, granite counters, black stainless steel appliances, dishwashers, and in-unit laundry. Each unit is equipped with an individual forced-air gas furnace, central air conditioning, a 40-gallon electric water heater, and 100-amp circuit breaker electrical service. City-approved transferable plans and permits are available to convert the entire first floor for commercial use, or the buyer may have the property rezoned to its current use. The property is being sold in as-is condition. It is well-located near expressways, major roads, CTA, Metra rail service, community services, public and private schools, churches, shopping, and public services. The lot size is 0.0574 acres.

Key Highlights

  • Turnkey property with one commercial space and two apartment units, all newly updated.
  • New brick face, windows, doors, plumbing, electrical, fixtures, and roof.
  • Apartments feature modern kitchens with granite counters, black stainless steel appliances (including dishwashers), and in‑unit laundry.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

New Life Family ... Church

Suggested Use

Law Firm Real Estate Agency Skin Care Clinic (Bike/Boat/Book/etc) Store Plumbing Service Bakery Dental Office Storage Facility Locksmith Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mixed-use property - Two-story building with commercial space and two apartment units.
Where is this mixed-use property located?
The property is located at 250 E 115th Street Chicago, IL.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Turnkey property with one commercial space and two apartment units, all newly updated.; New brick face, windows, doors, plumbing, electrical, fixtures, and roof.; Apartments feature modern kitchens with granite counters, black stainless steel appliances (including dishwashers), and in‑unit laundry.
Contact an agent
More about this property
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