222 61st Street

    Chicago, IL 60637
    • $700,000
    • STATUS: Active
    • ON SITE: 512 days
    • MLS #: 09864438
    UPDATED: 82 min ago
    $700,000
    • 0
      BEDS
    • 28.05
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 18,000
      SQFT
    • $39
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1925
    County:

    School Ratings & Info

    Description

    Highly desirable corner property in upcoming Washington Park secondary consideration location for the Obama Library. B3-2 zoning allows for excellent commercial retail and mixed-use apartments above storefronts. Perfect for new construction or any type of business. Land frontage is excellent with 128' width x 95'. Building has a large first floor and second floor amply providing over 18,000 sq. ft of interior space plus a basement. Currently a prosperous not-for-profit day care with licensing approved for 94 students. Excellent financials. Annual gross receipts in high six figures. Building wraps around on to Prairie Ave., with a catering kitchen. Caterer will lease back for several months or until new location found. First time on market. Truly a fresh offering. Tons of development in area. Next Bronzeville. Photos, floorplans, drone. Very close to Washington Park almost steps away. Soon to be recognized as one of the City's greatest parks. Also close to Hyde Park, due east.

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    © 2019 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 Touchstone Group. Based on information submitted to the MRED as of 2019-07-21T13:51:01.15 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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    www.tsgre.com/homes/80992354

    222 61st Street Chicago, IL 60637

    • Price: $700,000
    • Status: Active
    • Updated: 82 min ago
    • MLS #: 09864438
    0
    Beds
    0
    Baths
    0
    ½ Baths
    28.05
    Acres
    18,000
    SQFT
    $39
    $/SQFT
    1925
    Built
    Neighborhood:
    Chi - Washington Park
    County:
    Cook
    Area:
    Chi - Washington Park
    Property Description
    Highly desirable corner property in upcoming Washington Park secondary consideration location for the Obama Library. B3-2 zoning allows for excellent commercial retail and mixed-use apartments above storefronts. Perfect for new construction or any type of business. Land frontage is excellent with 128' width x 95'. Building has a large first floor and second floor amply providing over 18,000 sq. ft of interior space plus a basement. Currently a prosperous not-for-profit day care with licensing approved for 94 students. Excellent financials. Annual gross receipts in high six figures. Building wraps around on to Prairie Ave., with a catering kitchen. Caterer will lease back for several months or until new location found. First time on market. Truly a fresh offering. Tons of development in area. Next Bronzeville. Photos, floorplans, drone. Very close to Washington Park almost steps away. Soon to be recognized as one of the City's greatest parks. Also close to Hyde Park, due east.
    Exterior Features

    Construction BrickConcrete Foundation BrickConcrete Frontage Access City Street Land Amenities Children's Play YardCurbs And GuttersFencingGarbage RemovalLawn CareLighting/ExteriorPark/PlaygroundSecurity EntranceSidewalksSnow Removal Location Central Business DistrictCornerMixed Use Area Lot Dimensions 128 X 95 Lot Sq Ft 12220 Number Of Parking Spaces 12 Waterfront YN No

    Interior Features

    Air Conditioning Central AirZoned Miscellaneous Inside Common Lunchroom/SCommon Meeting Room/SPrivate Restroom/SStorage Inside Number Of Stories 2 Outdoor Parking 6-12 Spaces

    Property Features

    Age Older Built Before1978 YN Yes Current Use CommercialSpecial Use Electrical Service 201-600 Amps Expense Year 2016 Exterior Building Type BrickStoneLimestone Geographic Locale East/West CorridorChicago South Green Supporting Documents No Heat Ventilation Forced AirGas Known Encumbrances None Known Miscellaneous Outside PatioSecurity GateSecurity LightingSecurity SystemStorms And Screens (As Exist)Tenant Signage Net Oper Income Amount 0 Net Operating Income Year 2016 Potential Use CommercialResidential-Multi-FamilyRetailSpecial UseOther Property Offered For Sale Only Tax Year 2016 Taxes 24277 Tenant Pays ElectricHeatRepairs And Maintenance Total Annual Exp 546347 Total Annual Income 481957 Utilities To Site Electric To SiteGas To SiteSanitary Sewer To SiteWater-Municipal Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Eldorrado Chicago Real Estate.


    © 2019 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 Touchstone Group. Based on information submitted to the MRED as of 2019-07-21T13:51:01.15 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
     
    Touchstone Group
    2308 W North Avenue #C1
    Chicago IL, 60647