Corner Mixed-Use
For Sale
$1,825,000
2100 N Hoyne Ave, Chicago, IL 60647
Mixed-use property with four residential units and two commercial units in a prominent corner location.
Days on Market8
Property Features for 2100 N Hoyne Ave
General Information
Standard status
Active
Property subtype
Multifamily
Building Details
Building Size
5,900 SF
Year Built
1903
Listing Agency:
(773) 919-1297
Listed By:
Lee Kiser · License #IL #471014529
(773) 919-1297
Source:
Kisergroup
Added: Jul 25
Changed: Jul 27
Last Checked: Aug 1 at 4:25AM
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 Lee Kiser
Investment Insights
Based on property information with market context.
This prominent corner mixed-use building includes four residential units and two commercial units. The architecturally distinctive exterior features historic masonry construction and vintage character.
Situated in the heart of Bucktown, the property benefits from immediate access to local dining, retail, entertainment, and transit amenities. The diversified residential and commercial tenancy creates income variety within a single asset.
Designed as a mixed-use configuration, the building supports both residential living and street-facing commercial space within the same corner structure.
Situated in the heart of Bucktown, the property benefits from immediate access to local dining, retail, entertainment, and transit amenities. The diversified residential and commercial tenancy creates income variety within a single asset.
Designed as a mixed-use configuration, the building supports both residential living and street-facing commercial space within the same corner structure.
Key Highlights
- Mixed‑use building with 4 residential units and 2 commercial units
- Prominent corner property in Bucktown
- Year built: 1903
Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $177.0k | $30.00 |
| − Vacancy | −$17.7k | −$3.00 |
| EGI | $159.3k | $27.00 |
| − OpEx | −$59.7k | −$10.13 |
| NOI | $99.6k | $16.88 |
5,900 SF · lease $30.00/SF/yr · vacancy 10.00% · expense 37.50%
Alternative Uses
Best Use
Mixed Use
$1.42M
$1.24M – $1.66M
NOI $99,563 @ 7.0% cap · market cap 5.46%
Second Best
Apartment 5plus
$1.29M
$1.13M – $1.51M
NOI $90,442 @ 7.0% cap · market cap 4.96%
Theoretical Best
Office A
$2.78M
$2.43M – $3.25M
NOI $194,728 @ 7.0% cap · market cap 10.67%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
3,267
Businesses Nearby
Explore this area
Business Placement
Demographics for 60647, IL
85,631
Population
41,975
Households
2
Avg Household Size
33
Median Age
61%
College-Educated
92%
High-School Grad
4.0 sq mi
ZIP Area
21,408
Density / Sq Mi
$102,851
Median Household Income
$65,776
Median Earnings
$1,714
Median Rent
$557,300
Median Home Value
Market
Properties on Market for Mixed-use properties in Chicago
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with four residential units and two commercial units in a prominent corner location.
Where is this mixed-use property located?
The property is located at 2100 N Hoyne Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,825,000.
What are key features of this property?
This property features: Mixed‑use building with 4 residential units and 2 commercial units; Prominent corner property in Bucktown; Year built: 1903
