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Hometown Real Estate
7700 W. Belmont Ave
Chicago , IL 60634
Phone:
888 317 9983
Fax:
773 664 0013
Mobile:
708 268 2313
infohometown@gmail.com

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Status: Active (For Sale)
Type: Commercial
Year Built: 1919
MLS ID: 12513299


Overview
Photos (15)
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Spacious two story Mixed Use building with C-1-1 Zoning on a 25 x 125 lot. The first floor is currently on a month to month lease, however the space will be vacated at the time of closing. The second floor has a moderately updated two bedroom apartment with a lease through 2026 but can be extended to 2027 at buyers discretion. There are 10 ft ceilings on the main level, exposed brick walls, spiral exposed ductwork and two bathrooms. The upstairs has also been moderately updated and so this could be a perfect fit for any buyer. In full transparency this is a value add opportunity but can be the ideal set up for an arm chair investor, business owner, and or live/work space. The possibilities are endless and the price point makes this a truly attractive investment opportunity. The mechanicals: The first and second floor are on individually metered electrical panels, it is a 100 amp service with two meters and so each tenant pays for their electricity. The gas is individually metered and so each tenant pays for their own heat, there are two gas furnaces-- one for each floor. The Hot water is central to the building and so only one 40 gallon hot water tank for the property. This can be separated out by the new owner. There is a basement at the property with a 6 ft ceiling height and so it is used as extra storage for the owner. The property has an older garage wood structure with an overhead door which is currently used as storage only. The building is sold in as is where is condition and the pricing reflects that. Come and check out this wonderful investment opportunity in an area ripe for expansion and future development.

Courtesy Of: Compass


Feature Highlights


  • Built Before 1978

General Features


List Date:
11/07/2025

Exterior Features and Amenities


Lot Size Dimensions:
25.9 X 125.1

Financial


Days On Market:
83
Tax Annual Amount:
$2,116.24
Tax Year:
2023


Directions


East or West on Divison (1200N) to Property

Availability Calendar


- Available - Unavailable

Rental Rates


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The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of MRED LLC. Real Estate listings held by brokerage firms other than Hometown Real Estate are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data last updated: 2026-02-07
.

Copyright 2026 MRED LLC

The information presented here is deemed reliable, though not guaranteed.
Illinois License 478101578
Corporate Office 7700 W. Belmont Ave, Chicago, IL 60634
An Equal Opportunity Company. Equal Housing Opportunity.
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