2458 South Sacramento Avenue
$449,900
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Description
Unlock unparalleled investment potential with this mixed-use property, featuring two renovated apartments and a storefront equipped with tens of thousands of dollars in equipment. This cash-generating property includes an adjacent vacant lot, currently used for parking but offering limitless development possibilities. For those looking to maximize returns, consider redeveloping both the existing structure and the adjacent lot. Together, the combined double lot could accommodate a brand-new development...Unlock unparalleled investment potential with this mixed-use property, featuring two renovated apartments and a storefront equipped with tens of thousands of dollars in equipment. This cash-generating property includes an adjacent vacant lot, currently used for parking but offering limitless development possibilities. For those looking to maximize returns, consider redeveloping both the existing structure and the adjacent lot. Together, the combined double lot could accommodate a brand-new development with up to six units-four residential and two commercial storefronts-transforming the site into a high-yield, mixed-use property. Alternatively, keep the current structure, make necessary updates, and continue to use the vacant lot for additional parking. With options for immediate income and future growth, this property is an outstanding investment opportunity.
- Listed by Jesus Vazquez • RE/MAX City
Property Details for 2458 South Sacramento Avenue
Area
CHI - South Lawndale
TownshipWest Chicago
ZoningOTHER
LISTING UPDATED: 11/11/2024 12:07 AM
Property Details for 2458 South Sacramento Avenue
Status | Active |
---|---|
MLS # | 12202297 |
Days on Market | 72 |
Taxes | $4,853 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1912 |
Lot Size | 0.09 AC / 3,930 SF |
County | Cook County |
Building Information for 2458 South Sacramento Avenue
Stories2Residences4Year Built1912Lot Size0.09 AC / 3,930 SF
Property Information for 2458 South Sacramento Avenue
Property History for 2458 South Sacramento Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2458 South Sacramento Avenue
Taxable ValueLand$3,525Additions$19,475Total$23,000
Tax Record2022$4,731 ($394 / month)
Home Facts
Baths4Total Finished SqFt3,930 SqFtAbove Grade Finished SqFt3,930 SqFtStories2Lot Size3,000 SqFtStyleMulti-Family Res (5+ Units)Year Built1910CountyCOOKAPN16-25-117-051
Schools near 2458 South Sacramento 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 - | PK to 8 |
Rating | School | Distance |
---|---|---|
Spry Elementary Community School PublicPK to 8 | ||
Farragut Career Academy High School Public9 to 12 | ||
Spry Community Links High School Public9 to 12 | ||
Saucedo Elementary Scholastic Academy PublicPK to 8 |
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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