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470 N Aberdeen St Chicago, IL 60642

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For Sale
$1,100,000

Mixed-use property with retail and residential units in high-demand area.

Building Details

Year built
1923

Source: @PROPERTIES COMMERCIAL Agent KEVIN ROCIO

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Mixed-Use Property: Value-Add Opportunity

This mixed-use property at 470 N Aberdeen Street presents a value-add investment opportunity. The building includes an unfinished ground-floor residential unit with potential for value enhancement. The second and third-floor apartments have been recently renovated and are ready for re-leasing at market rates. The retail space is fully leased to Zullo's Catering, a tenant since 2009, with a lease extending through December 2033, providing a reliable income stream. This property offers a blend of stability and growth potential in an urban location.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6549567
Latitude
41.89097

FAQs

What type of property is this?
Mixed-use property - Mixed-use property with retail and residential units in high-demand area.
Where is this mixed-use property located?
The property is located at 470 N Aberdeen St Chicago, IL.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: - Long-term, secure lease with Zullo's Catering (since 2009) through December 2033 provides reliable cash flow.; - Recently renovated 2nd and 3rd-floor apartments are ready for re-leasing at full market rates.; - Unfinished ground-floor residential unit offers near-term upside for value enhancement.
More about this property
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