1908 103rd St Chicago, IL 60643-2625
- Retail space
- 4,600 SF
- 0.15 lot acres
Dec 23, 2024
Current Use by Public Records
- Beverly Bank & Trust / Bank / Atm
- Wintrust Mortgage / Mortgage Lender / Atm
Property Details for 1908 103rd St
- Year built
- 1939
- Lot size
- 0.15 lot acres
- Property size
- 4,600 SF
- Property type
- Retail space
- APN
- 25-07-412-046
- APU
- 2507412046
Description
This exceptional investment opportunity encompasses two parcels totaling ±26,210 square feet at 1908 & 1912 W. 103rd Street in Chicago's desirable Beverly neighborhood. The property features a combined 8,528 square feet of building space, including a ±4,443 square foot, two-unit building at 1908 W. 103rd Street. This building houses a currently occupied ±2,561 square foot Beverly Bank & Trust branch and a ±1,882 square foot owner-occupied unit. Adjacent is 1912 W. 103rd Street, a ±4,085 square foot vacant unit situated on an ±8,104 square foot lot. Both sites boast significant improvements, including paved parking (46 spaces), landscaping, fencing, and utilities serving both buildings. The property benefits from a highly visible corner location at a signalized intersection with daily traffic counts exceeding 14,500 vehicles on 103rd Street. Conveniently located near the Metra 103rd Street – Beverly Hills station and CTA bus stops for route 103, providing easy access to downtown Chicago and the Red Line. The property is zoned B3-1 and features 400 AMP electrical service. Building construction dates are 1938 (1908 W. 103rd St) and 1961 (1912 W. 103rd St). The APN numbers are 25-07-412-040-0000
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $500,000
- ML approach
- $500,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $545,000
- AI Estimate
- $403,000
Market price range: $330k - $1.22MMarket price range: $207k - $686k
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Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.6696
- Latitude
- 41.7069
- CBSA code
- 16980
- CBSA name
- CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA