6858 S Halsted Street $499,900


    6858 S Halsted Street Chicago-Englewood, IL 60620

    • 9,600 sq. ft.
    • Commercial
    • MLS# 10974536
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    Views: 10 Days On Site: 153

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    Property Details

    Fantastic investment opportunity in an upcoming area! Own a piece of Chicago's history with this 20th century Commercial building. Huge cap rate opportunity with the right investor. This Two story brick commercial real estate property is zoned C4. Located 10 minutes from downtown Chicago. Building sits on two city lots, (50x119). There are also an additional lot, (75x119) that go with property. There are 5,600 sq ft under roof first floor, with and additional 4,000 sq ft on second level. The building has a basement that is divided for each first floor unit according to unit area. The building is currently being leased by a tenant operating a grocery store, and the smaller first floor unit is vacant and ready for a tenant with minor work. The building is a two story commercial real estate property built in the early 20th century that was a Walgreens before with a York Motel operating on the second floor.

    • General Features
      • Additional Parcels Y/N Yes
      • Area CHI - Englewood
      • County Or Parish Cook
      • Existing Lease Type Net
      • Gross Income 54000
      • Gross Scheduled Income 0
      • Leasable Area 9600
      • Net Operating Income 30000
      • Tax Annual Amount 22832.5
      • Tax Year 2019
      • Tenant Pays Common Area Maintenance,Electricity,Heat,Scavenger,Sewer
      • Township Hyde Park
      • Year Built 1913
      • Zoning COMMR
    • Building Features
      • Building Area Total 9600
      • Construction Materials Brick,Concrete
      • Cooling None
      • Electric Circuit Breakers, 201-600 Amps
      • Foundation Details Concrete Perimeter
      • Stories 2
      • Utilities Electric to Site,Gas to Site,Water to Site
    • Property Features
      • Frontage Type City Street, Signal Intersection
      • Lot Size Dimensions 125X119
      • Lot Size Square Feet 14875
      • Parcel Number 20204150360000



    60620 (Chicago-Englewood) Demographics

    39 Median Age
    9,781 Population Density (per sq. mile)
    24% College Educated
    $32,401 Estimated Median Income
    11,886 Estimated Total Home Owners
    13,737 Estimated Total Renters
    46% / 54% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    69,299 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $210,000 Median Sales Price
    27 Homes Sold
    63 New On Market

    Average Days on Site

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        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $499,900
        1/25/2021 12:17:59 AM Status Changed Source: Multiple Listing Service New Value: Active
        1/19/2021 3:05:00 PM New in Database Source: Multiple Listing Service New Value: $499,900

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        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.