Mixed-Use Building in East
For Sale
Contact for pricing
1455 W 103rd St, Chicago, IL 60643
Value-add 12-unit building with retail and residential spaces.
Property Size10,000 SF
Price / SF$137.50
Days on Market1180
Property Features for 1455 W 103rd St
General Information
Standard status
Active
Size
10,000 SF
Total Parking Spaces
13
Property subtype
Mixed Use, Multifamily, Retail
Zoning
B1-3
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$116,107
Building Details
Year Built
1904
Units
12
Listing Agency:
Dorazio Real Estate
(914) 420-2881
Listed By:
Andrew Dorazio · License #475.166797
Source:
Crexi
Added: May 31, 2023
Changed: Aug 14
Last Checked: Aug 22 at 12:24PM
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 Dorazio Real Estate
Investment Insights
Based on property information with market context.
Located in Chicago's East Beverly neighborhood, this mixed-use building constructed in 1904 features 6 retail storefronts on the main floor and 6 residential apartments on the second floor. Situated on 103rd Street, the property benefits from vehicle and foot traffic. The property includes a large garage to the South of the main building, presenting opportunities for expansion such as additional units, storage, or enclosed garage space. The back of the building is used as a gathering spot for tenants. All tenants have central HVAC for heating and cooling, upgraded in the early 2000s. The roofs have been resealed in the past 5 years. There are over a dozen parking spots in the rear of the building. The property, with a size of 10000 square feet, offers potential for rent increases with efficient management.
Key Highlights
- Value‑add opportunity with potential to increase rents and CAP rate (currently 8.35%, potential for 9%+)
- Mixed‑use building with 6 retail storefronts and 6 residential apartments
- Located in Chicago's East Beverly neighborhood on busy 103rd Street, offering high vehicle and foot traffic for retail businesses
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
615
Businesses Nearby
Explore this area
Business Placement
Demographics for 60643, IL
47,831
Population
19,541
Households
2.4
Avg Household Size
44
Median Age
39%
College-Educated
93%
High-School Grad
7.4 sq mi
ZIP Area
6,464
Density / Sq Mi
$83,015
Median Household Income
$53,155
Median Earnings
$1,359
Median Rent
$233,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Value-add 12-unit building with retail and residential spaces.
Where is this mixed-use property located?
The property is located at 1455 W 103rd St Chicago, IL.
What is the asking price?
The asking price for this property is $1,375,000.
What are key features of this property?
This property features: Value‑add opportunity with potential to increase rents and CAP rate (currently 8.35%, potential for 9%+); Mixed‑use building with 6 retail storefronts and 6 residential apartments; Located in Chicago's East Beverly neighborhood on busy 103rd Street, offering high vehicle and foot traffic for retail businesses
