7048 S WESTERN Avenue Chicago, IL ^$ 450,000

7048 S WESTERN Avenue

^$ 450,000

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7048 S WESTERN Avenue

Chicago, IL, 60636

^$ 450,000

Studio Baths0.0

Monthly Estimate*

^$ 2,991

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Studio

Commercial Property for sale in Chicago, IL

for $450,000. This building was built in 1900 on a lot size of 0.123416.

FANTASTIC OPPORTUNITY TO REDEVELOP AND REVITALIZE A MASSIVE CHICAGO MIXED USE PROPERTY. THIS PROPERTY WAS ONCE USED AS A CHURCH AND HAD 13 ADDITIONAL APARTMENTS. NEW OWNER CAN RE IMAGINE AND BRING THE PROPERTY BACK TO LIFE. CHICAGO LAWN COMMUNITY FEATURES MANY AMENITIES SUCH AS MARQUETTE PARK, BUSTLING COMMERCIAL CORRIDORS DOWN WESTERN AVE AND 63RD STREET AND MARQUETTE BOULEVARD. ALSO A GREAT OPPORTUNITY FOR BILLBOARD SPACE ON THE PROPERTY AS IT IS CENTRALLY LOCATED ON WESTERN AVE.

Commercial Active

Price

^$ 450,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.123416

Year Built

1900

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12042643

Features

General

Cooling None

Possession Closing

Zoning COMMR

Construction Materials Brick Concrete

Year Built 1900

Electric Other

Tenant Pays Varies by Tenant

Stories 3

Township South Chicago

Property SubType Mixed Use

Tax Year 2021

Gross Income 0

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Possible Use Commercial Condominium Office and Research Development Multi-Family Retail Special Use Zoning Change Required Other

Status Active

Directions east or west on Western ave to the address

City Chicago

Total Units 14

MLS Area CHI - Chicago Lawn

Lot Size Square Feet 5376

Street Name WESTERN

Tax Annual Amount 0

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 7

Lease Type N/A

Standard Status Active

Total Actual Rent 0

Exterior

Lot Dimensions 108.4X50

Frontage Type City Street

Exterior Brick

Interior

Street Suffix Avenue

* Excluded Features

List By

Realty Of Chicago Llc

Broker

robertreyesrealty@gmail.com

Affordability Calculator

$2,991

Per Month

Monthly Principal & Interest: $2,991
Monthly Property Taxes: --
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$836,585

Percent of Sale Price 86%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/30/2024	$450,000		Listed Price

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7048 S WESTERN Avenue, Chicago, IL, 60636 is a Commercial Property for sale at $450,000 with a lot size of 0.123416. 7048 S WESTERN Avenue is a studio with 0.0 baths and was built in 1900. The property's zip code is 60636 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Data is updated as of 5/30/2024.

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7048 S WESTERN Avenue

Commercial Property for sale in Chicago, IL

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