SOLD
$400,000
Date 08/10/2023

314 E 75th Street
Chicago, IL 60619

Mixed Use, Business Opportunities
Residence
Courtesy: eXp Realty, LLC

Description for 314 E 75th Street Chicago, IL 60619

Excellent investment opportunity in the heart of Park Manor. Mixed Residential and commercial building consisting of 3 occupied stores Featuring Mabe's Deli as the business hub. There are also 8 1 bedroom 1 bath apartments and a 5 car brick garage for additional income with minor deferred maintenance. All mechanics are newer and in excellent condition. This building is currently cash flowing with pre-determined rent increases coming soon. Existing Cap Rate is 13 and Pro Forma Cap Rate of 18. Building can be purchased as a package deal with 301 E. 75th St if desired.

Property Details

11763145
Mixed Use, Business Opportunities, Other
Cook
1924
Brick
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Courtesy: eXp Realty, LLC
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/5/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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