Bridgeport Mixed-Use Investment
635-637 West 26th Street, Chicago, IL 60616
New
- Added:
- May 20, 2026
- Days on Market:
- 2
- Last Refresh:
- May 21 at 1:06 pm
Property Features for 635-637 West 26th Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement, Kitchen
- Parking features
- Garage
- Basement Y/N
- 1
- Standard status
- Active
- APN
- 17283020270000
- Size
- 7,012 SF
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 10554
Building Details
- Year built
- 1899
- Year renovated
- 1899
- Flooring type
- Hardwood, Vinyl
- Building materials
- Brick, Vinyl Siding
- Roof type
- Flat
- Architectural style
- Other
Listing agent Joanna Lewkowicz (708) 963-0011
Listing office Boutique Home Realty 8100 W 95th St, Hickory Hills, IL (798) 963-0011
Listing date May 20, 2026
MLS# 11778752
Listing URL
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Exceptional mixed‑use property featuring two updated 3‑bedroom residential units and two commercial units.
- Prime Bridgeport location on a desirable corner lot with convenient access to transportation, shopping, dining, parks, and downtown.
- Significant value‑add opportunities with a large unfinished basement and potential for commercial space expansion.
- Recent B1‑2 mixed‑use zoning allows for profitable commercial tenants.
- Updated residential units featuring hard surface flooring, granite countertops, stainless steel appliances (in some units), in‑unit laundry, and individual central HVAC.
- Potential assumable FHA mortgage at a 2.25% interest rate for qualified buyers.
Overview
Located in the heart of Bridgeport, this mixed-use property offers an investment opportunity with approximately 7,012 square feet of combined space, including 4,530 square feet of above-ground finished space and a 2,482-square-foot unfinished basement. The property features two updated three-bedroom residential units with hard surface flooring, white trim and molding, high ceilings, updated kitchens with granite countertops, stainless steel appliances in two units, in-unit laundry rooms, ceiling fans, and individual central HVAC. There is also an 822-square-foot retail commercial storefront and an adjacent 1,142-square-foot commercial unit currently leased as an apartment until June 30, 2026, which the new owner may lease as a commercial suite or use as an owner-operated business. The commercial space includes a new front window and a recently replaced heating system. The current total monthly rental income is $6,991. Tenants pay their own gas and electric, while the owner is responsible for water, sewer, and common area lighting. Each unit has separate gas and electric meters. Recent B1-2 mixed-use zoning allows for profitable commercial tenants on the main floor, which has historically been used as a residential space. Rents are near current market rates with potential for future increases, particularly with the recent zoning change and potential for commercial space expansion. The current commercial lease includes an escalation clause upon renewal. Additional improvements include a newer roof, newer porch, four newer hot water tanks, cement flooring in the full walkout basement, crisp basement ceiling/main floor floorboards, and central heat and air conditioning in all residential units. The basement provides significant storage and potential value-add/expansion opportunities. There is a small fenced grassy area in the back. Situated on a desirable corner lot on a low-traffic retail street surrounded by newer construction, the location offers convenient access to public transportation, shopping, dining, parks, and major thoroughfares. Palmisano Park is located nearby, and the property provides quick access to downtown while maintaining a neighborhood setting. The first-floor units can be combined into a large commercial space of approximately 2,158 square feet. The property is located in Chicago, IL, with a postal code of 60616.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Storefront properties
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.642975
- Latitude
- 41.845213
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with residential units and commercial storefront in Chicago.
Where is this mixed-use property located?
The property is located at 635-637 West 26th Street Chicago, IL.
What is the asking price?
The asking price for this property is $820,000.
What are key features of this property?
This property features: Exceptional mixed‑use property featuring two updated 3‑bedroom residential units and two commercial units.; Prime Bridgeport location on a desirable corner lot with convenient access to transportation, shopping, dining, parks, and downtown.; Significant value‑add opportunities with a large unfinished basement and potential for commercial space expansion.
