$619,000

5,895

square ft

3362 N Narragansett Avenue

Chicago, Illinois 60634

Closed / MLS #11694764 / Commercial / Mixed Use / Dunning

Listing information updated 10/19/2024 at 6:03am

Great opportunity to grab this rarely available well kept mixed use building in Dunning at $110/sqft. The building is a true mixed use with three leased apartment units ((2) 2 bedroom, 1 bath & (1) 1 bedroom, 1 bath) and one leased bar with separate meters for electricity. The roof was changed around 2010, windows are vinyl, and the tuckpointing redone. The building is over 5,800 sq/ft plus a lower level that is being used for storage, a sub basement that is used for utilities and a backyard all sitting on a double lot. The property taxes are low due to the mixed use classification. There is angle parking along the building on Roscoe for customers and tenants with the option to add a garage in the back. The bar pays $4,000/month in rent. Commercial loan required with 25% down payment.

Full Features

Built:

1951

Cooling System:

Central Air,Window Unit(s)

Stories:

Roof:

Membrane

Current Use:

Commercial

Potential Use:

Commercial, Multi-Family

Zoning:

MULTI

Building Square Feet:

5,895

Current Net Income:

$70,148

Taxes & Assessments

Tax Amount:

$9,249

Tax Year:

2021

Location

Zip Code:

60634

City:

Chicago

County:

Cook

Full Features Taxes & Assessments Location

Built:

1951

Cooling System:

Central Air,Window Unit(s)

Stories:

Roof:

Membrane

Current Use:

Commercial

Potential Use:

Commercial, Multi-Family

Zoning:

MULTI

Building Square Feet:

5,895

Current Net Income:

$70,148

Listing Office: xr realty

Listing Office Phone: 773.234.8155

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 10/19/2024 at 6:03am. 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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Dunning, IL

One of the 77 defined community areas in Chicago, Dunning is located on the Northwest Side of downtown Chicago. Offering close proximity to the city, it is an increasingly-popular community for residents of all ages.In the 1870s, Andrew Dunning, who the community is named for, purchased the land whi...

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3362 N Narragansett Avenue is a commercial / mixed use which sold for $619,000. This commercial / mixed use has been listed on @properties Christie's International Real Estate since January 3rd, 2023 and was built in 1951.