Property summary
This exceptional mixed-use property in Chicago's vibrant Beverly neighborhood presents a compelling value-add investment opportunity. Located at 1861 W 95th St, this two-story building boasts 4,500 square feet on a 4,050 square foot lot, zoned B1-1. The property features a stunning, recently redesigned 3,200 square foot retail space on the ground floor, ideal for a variety of businesses. Upstairs, two apartments provide additional rental income, currently boasting 100% occupancy. The building generates a strong net operating income (NOI) of $50,523, resulting in an attractive 11.61% capitalization rate. The asking price is $435,000, translating to $96.67 per square foot and $145,000 per unit. A private courtyard adds to the property's appeal. This prime location on the 95th Street business corridor offers significant potential for long-term growth and rental income. The property's strong financials, updated retail space, and long-term residential tenants make it an ideal investment for savvy buyers seeking a high-return opportunity in a thriving Chicago neighborhood. The property is a single building with three units.
Property profile
VerifiedCap rate & NOI
Current use
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Coworking & Hybrid Office
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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