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3758 W Chicago Avenue

Chicago, IL 60651
  • $350,000
  • STATUS: Active Under Contract
  • ON SITE: 85 Days
  • MLS #: 11460408
Under Contract
$350,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Description

Amazing opportunity to own a gigantic, mixed use medical office/apartment building sitting on a large, triple 75' x 125' lot in Humboldt Park. This property is located at 3752-3758 W Chicago Avenue. Medical office occupies the ground level and consists of 13 exam rooms, large waiting room, multiple storage closets, conference rooms, offices, pharmacy, five restrooms, and break rooms. Unfinished basement under all three buildings need TLC. Entire property contains the large medical office space and 6 apartments above the commercial space. Each apartment has 3 beds/2 baths. Rear secured, fenced parking lot can hold 14 cars. Building needs TLC. The latest neighborhood investments such as new construction condos/rentals, restaurants, nightlife, supermarkets have steadily brought in new homeowners and tenants to this area. The subject property presents the unique opportunity to acquire a large lot in Humboldt Park. This is an excellent investment and potential future development opportunity. Office space is currently occupied by a medical practice and should not be disturbed. Due to HIPAA guidelines, interested parties are not allowed interior access until the medical practice's lease expires in May 2023. Drive by to see property from exterior only. Do NOT disturb the tenant.

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© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-04T23:58:40.667 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3758 W Chicago Avenue Chicago, IL 60651

  • Price: $350,000
  • Status: Active Under Contract
  • On Site: 85 Days
  • MLS #: 11460408
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1950
Built
Neighborhood:
Chi - Humboldt Park
County:
Cook
Area:
Chi - Humboldt Park
Property Description
Amazing opportunity to own a gigantic, mixed use medical office/apartment building sitting on a large, triple 75' x 125' lot in Humboldt Park. This property is located at 3752-3758 W Chicago Avenue. Medical office occupies the ground level and consists of 13 exam rooms, large waiting room, multiple storage closets, conference rooms, offices, pharmacy, five restrooms, and break rooms. Unfinished basement under all three buildings need TLC. Entire property contains the large medical office space and 6 apartments above the commercial space. Each apartment has 3 beds/2 baths. Rear secured, fenced parking lot can hold 14 cars. Building needs TLC. The latest neighborhood investments such as new construction condos/rentals, restaurants, nightlife, supermarkets have steadily brought in new homeowners and tenants to this area. The subject property presents the unique opportunity to acquire a large lot in Humboldt Park. This is an excellent investment and potential future development opportunity. Office space is currently occupied by a medical practice and should not be disturbed. Due to HIPAA guidelines, interested parties are not allowed interior access until the medical practice's lease expires in May 2023. Drive by to see property from exterior only. Do NOT disturb the tenant.
Exterior Features

Exterior Building Type Brick Frontage Type City Street Outdoor Parking 13-18 Spaces Parking Total 15

Interior Features

Cooling Central Air Heat Ventilation Forced Air Miscellaneous Inside Common Lunchroom/SCommon Meeting Room/SPrivate Restroom/SStorage InsideBasement

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 11700 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - Has Seller Written Direction Electric Circuit Breakers Fire Protection Alarm MonitoredAlarm On Site Geographic Locale Chicago North Gross Income 112594 Gross Scheduled Income 112594 Insurance Expense 0 Mls Actual Status Contingent Ownership Types Limited Liability Corp Property Sub Type Mixed Use Rental Price 24.15 Tax Annual Amount 22207 Tax Year 2020 Tenant Pays Air ConditioningCommon Area MaintenanceElectricityHeatJanitorial ServiceInsuranceRepairsScavenger Total Monthly Income 9382 Township West Chicago Type Mixed Use

Listing information © 2022 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 312-266-7000.


© 2022 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or @properties. Based on information submitted to the MRED as of 2022-10-04T23:58:40.667 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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Chicago IL, 60611