Renovated Mixed-Use Investment
For Sale
$1,199,000
2945 W Harrison Street, Chicago, IL 60612
Fully renovated mixed-use property with income potential in prime location.
Property SizeContact for details
Days on Market571
Property Features for 2945 W Harrison Street
General Information
Standard status
Active
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$41,133
Amenities
Central air
Central Air Cooling
Rubber Roof
Building Details
Year Built
1927
Listing Agency:
THE APARTMENT SOURCE
(773) 404-9900
Listed By:
KHALED EL-HELO · License #475207484
Source:
Corcoran
Added: Jan 15, 2025
Changed: Aug 8
Last Checked: Aug 8 at 6:05AM
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 THE APARTMENT SOURCE
Investment Insights
Based on property information with market context.
This commercial mixed-use investment property offers multiple income stream potential. The property has undergone extensive interior and exterior updates in the last 5 years. One lessee currently occupies 1 of 3 rentable spaces, providing immediate rental income. Additional leasable space is available, offering the opportunity to secure additional tenants. The fully rehabbed warehouse is updated and ready for business, ensuring minimal maintenance costs. This property is suitable for businesses and investors alike to capitalize on multiple income streams.
Key Highlights
- Multiple income stream potential: mixed‑use property offers diverse revenue opportunities.
- Fully renovated: extensive interior and exterior updates in the last 5 years minimize maintenance costs.
- Immediate rental income: existing tenant provides immediate cash flow.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
977
Businesses Nearby
Explore this area
Business Placement
Demographics for 60612, IL
34,402
Population
16,763
Households
2.1
Avg Household Size
34
Median Age
41%
College-Educated
89%
High-School Grad
3.7 sq mi
ZIP Area
9,298
Density / Sq Mi
$60,457
Median Household Income
$46,582
Median Earnings
$1,330
Median Rent
$331,600
Median Home Value
Market
Vacancy Rate% for Industrial in Chicago, IL
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Fully renovated mixed-use property with income potential in prime location.
Where is this mixed-use property located?
The property is located at 2945 W Harrison Street Chicago, IL.
What is the asking price?
The asking price for this property is $1,199,000.
What are key features of this property?
This property features: Multiple income stream potential: mixed‑use property offers diverse revenue opportunities.; Fully renovated: extensive interior and exterior updates in the last 5 years minimize maintenance costs.; Immediate rental income: existing tenant provides immediate cash flow.
