Bridgeport Mixed-Use Investment
635 W 26th St, Chicago, IL 60616
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Mixed-use property with residential units and commercial storefront in Bridgeport.
Type:Mixed Use
Property size:
7,012 SFPrice / SF:
$116/SF- Added:
- Feb 21, 2026
- Days on Market:
- 89
- Last Refresh:
- Mar 17 at 1:16 pm
Property Features for 635 W 26th St
General Information
- Standard status
- Active
- Size
- 7,012 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1899
Listing agent Joanna Lewkowicz License #IL - 471.018027
Listing office Boutique Home Realty (708) 377-6655
Listing date Feb 21, 2026
Source Crexi
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HighLights
- Mixed‑use property generating $6,991 in monthly income from 3 updated, fully occupied residential units and 1 commercial storefront.
- Desirable corner lot location in Bridgeport with convenient access to transportation, shopping, dining, and downtown.
- Recent B1‑2 mixed‑use zoning allows for profitable commercial tenants or owner‑operated business, with potential to combine first‑floor units.
- Updated residential units featuring hard surface flooring, granite countertops, stainless steel appliances (in some units), in‑unit laundry, and individual central HVAC.
- Significant improvements including a newer roof, newer porch, 4 newer hot water tanks, and recently replaced commercial heating system.
- Potential assumable FHA mortgage for qualified buyers at a 2.25% interest rate.
Overview
This mixed-use property in Bridgeport offers 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. It features three residential units, consisting of two 3-bedroom apartments and one 2-bedroom apartment, along with a retail commercial storefront. All units are fully occupied. The residential apartments are updated with hard surface flooring, white trim and molding, high ceilings, updated kitchens with granite countertops, two units with stainless steel appliances, in-unit laundry rooms, ceiling fans, and individual central HVAC. The commercial space includes a new front window and a recently replaced heating system. The current total monthly rental income is $6,991. Residential tenants pay their own gas and electric, while the owner is responsible for water, sewer, and common area lighting. Utilities are separately metered for gas and electric for each unit. The property has recent B1-2 mixed-use zoning. Rents are near current market rates with potential for future increases, and the 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, and central heat and air conditioning in all residential units. The basement provides storage and potential value-add/expansion opportunities. There is a small fenced grassy area in the back. Situated on a 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 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 seller's lender may be able to offer an assumable FHA mortgage for qualified buyers at a 2.25 interest rate.
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
- -87.6430178
- Latitude
- 41.8451933
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FAQs
What type of property is this?
Mixed-use property - Mixed-use property with residential units and commercial storefront in Bridgeport.
Where is this mixed-use property located?
The property is located at 635 W 26th St 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: Mixed‑use property generating $6,991 in monthly income from 3 updated, fully occupied residential units and 1 commercial storefront.; Desirable corner lot location in Bridgeport with convenient access to transportation, shopping, dining, and downtown.; Recent B1‑2 mixed‑use zoning allows for profitable commercial tenants or owner‑operated business, with potential to combine first‑floor units.
