7701 South Halsted Street

Chicago, IL 60620

$229,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Exciting Investment Opportunity! Discover the potential of this impressive 3-story mixed-use commercial building in the heart of Chicago. Featuring 8 apartments (6- 2 Bedrooms & 2- 3 Bedrooms) and 3 storefronts, this all brick property is a diamond in the rough, waiting for the right investor to unlock its full value. Despite needing some TLC, this property guarantees substantial returns with the right management. Imagine the possibilities of transforming this space into a thriving hub, located conveniently...Exciting Investment Opportunity! Discover the potential of this impressive 3-story mixed-use commercial building in the heart of Chicago. Featuring 8 apartments (6- 2 Bedrooms & 2- 3 Bedrooms) and 3 storefronts, this all brick property is a diamond in the rough, waiting for the right investor to unlock its full value. Despite needing some TLC, this property guarantees substantial returns with the right management. Imagine the possibilities of transforming this space into a thriving hub, located conveniently across from the Chicago Police Department. The long-time owner has cleared the property, paving the way for a seamless remodeling process. This is your chance to start or add to your real estate portfolio.
  1. Listed by Lena Matariyeh • RE/MAX 10

Property Details for 7701 South Halsted Street

Area
CHI - Auburn Gresham
Township
Hyde Park
Zoning
RTAIL
LISTING UPDATED: 09/05/2024 01:55 PM

Property Details for 7701 South Halsted Street

StatusActive
MLS #12109423
Days on Market145
Taxes$23,985 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1914
Lot Size0.10 AC / 4,500 SF
CountyCook County

Building Information for 7701 South Halsted Street

Stories3Residences11Year Built1914Lot Size0.10 AC / 4,500 SF

Property Information for 7701 South Halsted Street

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces
  • Outdoor Parking: 1-5 Spaces
Location and General Information
  • Geographic Locale: Chicago South
  • Information: Exceptions-Call List Office
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: None
  • Electric: Fuses
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 8
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 50X125
  • Lot Size Square Feet: 4500.0
  • Stories: 3
  • Construction: Brick
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Foundation Details: Concrete Perimeter
  • # Of Offices: 0
  • # Of Stores: 3
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Buyer Financing: Cash
  • Documents Available: Appraisal
  • Public Document Count: 1
  • Document Date: 2024-07-12T16:23:18
  • Photos Count: 1
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 11
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Expense Year: 2017
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 7701 South Halsted Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 7701 South Halsted Street

Taxable ValueLand$4,050Additions$109,674Total$113,724
Tax Record2022$23,391 ($1,949 / month)
Home Facts
Total Finished SqFt3,700 SqFtAbove Grade Finished SqFt3,700 SqFtStories3Lot Size4,500 SqFtStyleStoresYear Built1914CountyCOOKAPN20-28-314-001

Schools near 7701 South Halsted Street

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

Hirsch Metropolitan High School
Public9 to 12

Community Youth Development Institute
Charter9 to 12

EXCEL ACADEMY - ENGLEWOOD HS
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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7701 South Halsted Street is a mixed use property for sale in Chicago, IL 60620. This property was listed for sale on July 12, 2024 by RE/MAX 10, it's currently listed at $229,000. It has been on the market for a total of 145 days and was last sold on April 30, 2008. This listing's school district is Chicago Public Schools. Nearby schools include Oglesby Elementary School, Hirsch Metropolitan High School and Community Youth Development Institute. 7701 South Halsted Street is a 0-bed, 0-bath, mixed use property built in 1914.

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 RE/MAX 10

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 09/05/2024 01:55 PM. 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.