1455 W 103rd St Chicago, IL 60643
Value-add 12-unit building with retail and residential spaces.
Type:Mixed Use, Multifamily, Retail
Property size:
10,000 SF- Added:
- May 31, 2023
- Days on Market:
- 1044
- Last Refresh:
- Mar 17 at 1:24 pm
Property Features for 1455 W 103rd St
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Mixed Use, Multifamily, Retail
Building Details
- Year Built
- 1904
Listing agent Andrew Dorazio License #475.166797
Listing office Dorazio Real Estate
Listing date May 31, 2023
Source Crexi
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Dorazio Real Estate
Overview
Mixed-Use Building in East Beverly
Located in Chicago's East Beverly neighborhood, this mixed-use building constructed in 1904 features 6 retail storefronts on the main floor and 6 residential apartments on the second floor. Situated on 103rd Street, the property benefits from vehicle and foot traffic. The property includes a large garage to the South of the main building, presenting opportunities for expansion such as additional units, storage, or enclosed garage space. The back of the building is used as a gathering spot for tenants. All tenants have central HVAC for heating and cooling, upgraded in the early 2000s. The roofs have been resealed in the past 5 years. There are over a dozen parking spots in the rear of the building. The property, with a size of 10000 square feet, offers potential for rent increases with efficient management.
Location Intelligence
Current Use by Public Records
Headquarters Barber Shop
Barber Shop
A Wink in Ameerah Salon
Hair Salon
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6597412
- Latitude
- 41.706421
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Value-add 12-unit building with retail and residential spaces.
Where is this mixed-use property located?
The property is located at 1455 W 103rd St Chicago, IL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Value‑add opportunity with potential to increase rents and CAP rate (currently 8.35%, potential for 9%+); Mixed‑use building with 6 retail storefronts and 6 residential apartments; Located in Chicago's East Beverly neighborhood on busy 103rd Street, offering high vehicle and foot traffic for retail businesses
