Listing Description
"The Avenue" is positioned to provide an option for affordable housing as well as provide services to the community and take advantage of the commercial activity from the Pullman Nat'l Monument district. Commercial tenant operates Barbershop on ground level which has the potential to expand into full unfinished basement. Upper level has two bedroom apartment with the potential to build-out second apartment. Electrical panel, boiler heat converted to forced air (furnace) updated 2021 and central air. Property SOLD AS-IS. The City of Chicago offer the following incentives as a part of the Invest South West - Michigan Ave Greater Roseland such as the Chicago Recovery Plan - Neighborhood Opportunity Fund - TIF Districts Purchase Rehab Program which are major incentives available for commercial uses on Michigan Avenue. Flyer under the "additional information" tab. Erika Sellke, AICP - Lead Planner, Far South Region is will to answers any questions regarding the programs. This property can also qualify for the Cook County Property Tax 7A property rebate. 50 % property tax rebate.