3251 W 111Th St Chicago, IL 60655
Well-maintained mixed-use property with commercial space and residential unit.
Property Features for 3251 W 111Th St
General Information
- Standard status
- Active
Building Details
- Year built
- 1919
Source:
Corcoran
Listing Agent: Stefanie Campbell
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Mount Greenwood Mixed-Use Investment
Located in Mount Greenwood, this mixed-use property features a 400 sq ft commercial space at the front and a 3-bedroom, 1-bath residential unit at the rear. A full unfinished attic offers future expansion potential. The property also includes a 2-car garage located in the rear. Both units are currently occupied by long-term, month-to-month tenants. The property presents an opportunity to increase cash flow by adjusting rents to market rates. An adjacent vacant 25 x 125 lot is available for additional purchase, offering possibilities for expanded parking, outdoor space, or future development. The parcels have separate PINs and can be sold together. This property is located on 111th Street in a desirable high-traffic corridor.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
United Tv Service
Electronics Repair Shop
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7028768
- Latitude
- 41.6912789
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Well-maintained mixed-use property with commercial space and residential unit.
Where is this mixed-use property located?
The property is located at 3251 W 111Th St Chicago, IL.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: - Prime Mount Greenwood location on high-traffic 111th Street.; - Mixed-use property with commercial space and a 3-bedroom residential unit.; - Immediate value-add opportunity through rent adjustments.
