Chicago, IL 60655,3251 W 111TH ST
Chicago, IL 60655,3251 W 111TH ST
Chicago, IL 60655,3251 W 111TH ST
Chicago, IL 60655,3251 W 111TH ST
Chicago, IL 60655,3251 W 111TH ST
Chicago, IL 60655,3251 W 111TH ST
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Michael Bempah

Michael Bempah

The Bempah Group

+1(630) 206-9116
$ 325,000
Est. payment | /mo

Save
$ 325,000
Est. payment | /mo
Save

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12420638

Year Built 1919

Annual Tax Amount $3,206

Tax Year 2023

Lot Dimensions 50 X 125

Property Sub-Type Mixed Use

Property Description

Incredible Investment Opportunity in Prime Mount Greenwood! Here's your chance to own a well-maintained mixed-use two-flat in one of the most desirable high-traffic corridors on 111th Street in Mount Greenwood. This property offers excellent visibility, stable income, and significant upside potential. The building includes a 400 sq ft commercial space in the front and a spacious 3-bedroom, 1-bath residential unit in the rear-plus a full unfinished attic that offers future expansion potential. There's also a 2-car garage in the rear. The property has been well cared for, and both units are currently occupied with long-time, month-to-month tenants. Rents have not been raised in many years, offering immediate value-add opportunity by adjusting to market rate. The adjacent vacant 25 x 125 lot is also available for just $100,000 additional. Use it for expanded parking, outdoor space, or future development-the possibilities are endless. Both parcels have separate PINs and can be sold together. Whether you're looking to increase cash flow, expand your portfolio, or secure a prime piece of real estate in a sought-after business district, this is a must-see opportunity.

Location

State IL

County Cook

Area Chi - Mount Greenwood

Zoning COMMR

Interior

Cooling Wall Sleeve

Fireplace N

Building

Dwelling Type Mixed Use

Structure Type Wood,Frame

Midwest Real Estate Data (MRED) IDX
Listed by Stefanie Campbell of  @properties Christie's International Real Estate 
NEARBY SCHOOL & BUSINESS
SCHOOLSPROPERTIES
Elementary Schools 20
  • 10

    Mount Greenwood Elementary School

    Public | KG - 8

  • 10

    Keller Elementary Gifted Magnet School

    Public | KG - 8

  • 9

    Southwest Elementary School

    Public | KG - 6

  • 8

    Sward Elementary School

    Public | KG - 5

  • 7

    Kolmar Avenue Elementary School

    Public | PK - 5

  • 7

    Northwest School

    Public | PK - 6

  • 7

    Kellogg Elementary School

    Public | KG - 8

  • 6

    Hazelgreen Elementary School

    Public | PK - 6

  • 6

    Lane Elementary School

    Public | PK - 6

  • 6

    Hometown Elementary School

    Public | PK - 5

  • 6

    Cassell Elementary School

    Public | KG - 8

  • 6

    Southeast Elementary School

    Public | KG - 6

  • 6

    Northeast Elementary School

    Public | PK - 6

  • 5

    Stony Creek Elementary School

    Public | PK - 6

  • 5

    J M Hannum Elementary School

    Public | KG - 5

  • 5

    Clissold Elementary School

    Public | KG - 8

  • 5

    Paul Revere Intermediate School

    Public | 4 - 5

  • 5

    Sutherland Elementary School

    Public | KG - 8

  • 5

    Colemon Elementary Academy

    Public | PK - 8

  • 5

    Barnard Elementary School

    Public | KG - 8

Middle Schools 6
  • 6

    Prairie Jr High School

    Public | 7 - 8

  • 5

    Hamlin Upper Grade Center

    Public | 6 - 8

  • 5

    Central Jr High School

    Public | 7 - 8

  • 5

    Calumet Elementary School

    Public | 6 - 8

  • 4

    Everett F Kerr Middle School

    Public | 6 - 8

  • 3

    Veterans Memorial Middle School

    Public | 6 - 8

High Schools 9
  • 8

    Evergreen Park High School

    Public | 9 - 12

  • 6

    Chicago High School for Agricult Sciences

    Public | 9 - 12

  • 4

    Morgan Park High School

    Public | 9 - 12

  • 1

    Dd Eisenhower High School (Campus)

    Public | 9 - 12

  • 0

    Marist High School

    Private | 9 - 12

  • 0

    Br Rice High School

    Private | 9 - 12

  • 0

    Pathways in Education High School

    Public | 9 - 12

  • 0

    Mother Mcauley Liberal Arts High School

    Private | 9 - 12

  • 0

    Prologue - Johnston Fine Arts High School

    Public | 9 - 12

School and business data provided by Attom Data.
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Michael Bempah
Michael Bempah

Broker | License ID: 475.175881

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA

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3251 W 111TH ST