2508 West Chicago Avenue

Chicago, IL 60622

$875,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Mixed use building in Ukrainian Village. Perfect for owner user. This well maintained developer owned building is an excellent opportunity to maximize your rental income potential. First floor commercial unit connected to large heated bi-level storage/warehouse space and 4 car brick heated garage. Two residential units above are 2bedroom one bath remodeled with new kitchens and bath. In unit washer/dryer. Central heat and AC.Mixed use building in Ukrainian Village. Perfect for owner user. This well maintained developer owned building is an excellent opportunity to maximize your rental income potential. First floor commercial unit connected to large heated bi-level storage/warehouse space and 4 car brick heated garage. Two residential units above are 2bedroom one bath remodeled with new kitchens and bath. In unit washer/dryer. Central heat and AC.
  1. Listed by Larisa Ralko • Larisa Ralko

Property Details for 2508 West Chicago Avenue

Area
CHI - West Town
Township
West Chicago
Zoning
COMMR

Location

Listing Courtesy of Larisa Ralko
Add your commute
LISTING UPDATED: 05/22/2024 01:22 AM

Property Details for 2508 West Chicago Avenue

StatusActive
MLS #12058303
Days on Market24
Taxes$10,553 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1908
Lot Size0.07 AC / 3,025 SF
CountyCook County

Location

Listing Courtesy of Larisa Ralko
Add your commute

Building Information for 2508 West Chicago Avenue

Stories-Residences3Year Built1908Lot Size0.07 AC / 3,025 SF

Payment Calculator

$5,655 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,775

Property Taxes

$879

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2508 West Chicago Avenue

General Information
Addtl Parking Information
  • Indoor Parking: Detached
  • Open Parking Spaces: 4.0
Location and General Information
  • Geographic Locale: Chicago West
  • Information: 24-Hr Notice Required,List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Flooring: Wood
  • Heat/Ventilation: Forced Air,Gas
  • # Of Refrigerators: 3
  • Washer/Dryer Lsd: Yes
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 25X121
  • Lot Size Square Feet: 3025.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick
  • Fire Protection: Smoke or Fire Protectors
  • Building Area Total: 3785
  • # Of Offices: 1
  • # Of Ranges: 3
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 16
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $57,600.00
  • Gross Scheduled Income: $57,600.00
  • Insurance Expense: $2,500.00
  • Expense Year: 2023
  • Insurance Expense Source: Actual
  • Net Operating Income Year: 2023
  • Total Monthly Income: 4800
  • Water Expense Source: Actual
  • Net Operating Income: $43,600.00
  • Operating Expense: $14,000.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $960.00

Property History for 2508 West Chicago Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2508 West Chicago Avenue

Taxable ValueLand$13,612Additions$37,697Total$51,309
Tax Record2022$10,553 ($879 / month)
Home Facts
Baths3.5Total Finished SqFt3,538 SqFtAbove Grade Finished SqFt3,538 SqFtStories3Lot Size3,025 SqFtStyleMulti-Family Res (5+ Units)Year Built1911CountyCOOKAPN16-01-429-041

Schools near 2508 West Chicago Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - K to 8
Public - 9 to 12
Rating
School
Distance
Chopin Elementary School
PublicPK to 8

Clemente Community Academy High School
Public9 to 12

Acero Chtr - Esmera Santiago Cmps
CharterK to 8

Chicago High School For The Arts
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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2508 West Chicago Avenue is a mixed use property for sale in Chicago, IL 60622. This property was listed for sale on May 16, 2024 by Larisa Ralko, it's currently listed at $875,000. It has been on the market for a total of 24 days and was last sold on June 25, 2013. This listing's school district is City Of Chicago School District 299. Nearby schools include Chopin Elementary School, Clemente Community Academy High School and Acero Chtr - Esmera Santiago Cmps. 2508 West Chicago Avenue is a 0-bed, 0-bath, mixed use property built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Larisa Ralko

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 05/22/2024 01:22 AM. 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.