2414 South Wentworth Avenue

Chicago, IL 60616

$2,200,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Seize this rare and exceptional opportunity to own a meticulously maintained 3-story commercial-residential mixed-use building, ideally situated in the heart of vibrant Chinatown. Built just 47 years ago, this property combines modern appeal with prime location. The first and second floors, along with the basement, are currently leased to a well-established, featuring multiple private dining rooms on the second floor, ensuring strong rental income potential. The third floor features two residential...Seize this rare and exceptional opportunity to own a meticulously maintained 3-story commercial-residential mixed-use building, ideally situated in the heart of vibrant Chinatown. Built just 47 years ago, this property combines modern appeal with prime location. The first and second floors, along with the basement, are currently leased to a well-established, featuring multiple private dining rooms on the second floor, ensuring strong rental income potential. The third floor features two residential units, both currently rented below market value, presenting an excellent opportunity for increased rental income. The front unit consists of 2 bedrooms, 1 den, and 2 bathrooms, and has been recently upgraded with new flooring, a new stove, a new refrigerator, and fresh paint. The rear unit includes 2 bedrooms and 1 bathroom. Both units are outfitted with central heating and cooling systems, ensuring year-round comfort. Additionally, the building's roof was replaced six years ago, offering long-term durability and peace of mind for the future owner. Positioned in a highly desirable location with immediate access to popular shops, renowned restaurants, and public transportation, this property is a prime investment opportunity. Chinatown continues to thrive, making this an unmatched chance to capitalize on its growth and energy. Don't miss out on owning a premium piece of real estate in one of the city's most sought-after areas. This is a must-see property for investors or buyers looking for strong returns and long-term value. Contact us today to schedule a viewing and secure this outstanding investment!
  1. Listed by ManChing Ng • Mango Realty Group

Property Details for 2414 South Wentworth Avenue

Area
CHI - Armour Square
Township
South Chicago
Zoning
COMMR
LISTING UPDATED: 11/26/2024 11:13 AM

Property Details for 2414 South Wentworth Avenue

StatusContingent
MLS #12164307
Days on Market52
Taxes$15,791 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1977
Lot Size0.06 AC / 2,750 SF
CountyCook County

Building Information for 2414 South Wentworth Avenue

Stories3Residences3Year Built1977Lot Size0.06 AC / 2,750 SF

Property Information for 2414 South Wentworth Avenue

General Information
Location and General Information
  • Geographic Locale: Chicago South
  • Information: List Broker Must Accompany
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Electric: Circuit Breakers
  • Heat/Ventilation: Central Heat/Indiv Controls
  • 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: 36-50 Years
  • Lot Dimensions: 25X110
  • Lot Size Square Feet: 2750.0
  • Stories: 3
  • Exterior Building Type: Brick
  • Construction: Brick, Concrete, Block
  • Fire Protection: Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 6550
  • # Of Offices: 0
  • # Of Stores: 1
  • Property Sub Type: Mixed Use
Property and Assessments
  • Possible Use: Commercial, Multi-Family, Retail
  • Public Document Count: 0
  • Photos Count: 14
Miscellaneous
  • Location: Mixed Use Area,Public Transport Avail,High Traffic Area
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: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 2414 South Wentworth 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 2414 South Wentworth Avenue

Taxable ValueLand-Additions-Total-
Home Facts
Lot Size2,727 SqFtStyleGovernmental / Public UseCountyCOOKAPN17-28-229-046

Schools near 2414 South Wentworth Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Haines Elementary School
PublicPK to 8

Phillips Academy High School
Public9 to 12

Graham R Training Center
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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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. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Mango Realty Group

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 11/26/2024 11:13 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.