2508 West Chicago Avenue

Chicago, IL 60622

$819,900
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. Firs 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. Firs 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
LISTING UPDATED: 10/17/2024 12:07 AM

Property Details for 2508 West Chicago Avenue

StatusActive
MLS #12186235
Days on Market21
Taxes$10,553 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1911
Lot Size0.07 AC / 3,025 SF
CountyCook County

Building Information for 2508 West Chicago Avenue

Stories3Residences3Year Built1911Lot Size0.07 AC / 3,025 SF

Property Information for 2508 West Chicago Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
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 Individual
  • Electric: Circuit Breakers
  • Heat/Ventilation: Forced Air
  • # Of Refrigerators: 3
  • 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
  • Fire Protection: Carbon Monoxide Detector(s)
  • Building Area Total: 3785
  • # Of Offices: 1
  • # Of Ranges: 3
  • # Of Stores: 0
  • Property Sub Type: Mixed Use
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 14
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: $61,200.00
  • Gross Scheduled Income: $61,200.00
  • Insurance Expense: $2,500.00
  • Total Monthly Income: 5100
  • Net Operating Income: $47,200.00
  • 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 Chicago Public Schools.
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 Charter - Esmera Santiago Campus
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.

Similar Homes

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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 October 11, 2024 by Larisa Ralko, it's currently listed at $819,900. It has been on the market for a total of 21 days and was last sold on June 25, 2013. This listing's school district is Chicago Public Schools. Nearby schools include Chopin Elementary School, Clemente Community Academy High School and Acero Charter - Esmera Santiago Campus. 2508 West Chicago Avenue is a 0-bed, 0-bath, mixed use property built in 1911.

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 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 10/17/2024 12:07 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.