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4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
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4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
4952 W Chicago Avenue
Sold

4952 W Chicago Avenue

4952 W Chicago Avenue, Chicago, IL 60651

$240,000
4952 W Chicago Ave is a mixed-use building that presents a unique blend of potential and foundational upgrades and an opportunity for creative renovation. The significant improvements already in place provide a solid base for future development and customization. This building boasts a versatile layout that includes three apartments and a retail space, offering a diverse income stream. Each apartment features a spacious two-bedroom, One-bathroom design, ideal for comfortable urban living. The retail space on the ground floor presents a prime opportunity for a business venture, adding to the property's appeal and financial viability. Among the key upgrades, the property benefits from a completely revamped electrical system, ensuring a modern infrastructure for both residential and commercial use. It provides excellent visibility and accessibility, making it an attractive location for businesses and residents, and it opens up various possibilities for future development. The required renovation presents a unique opportunity for investors, entrepreneurs, or developers to imprint their vision on the property. The existing updates, like the new electrical system and roof, lay the groundwork, reducing the scale of immediate renovations and adding value to the investment. Ideal for those looking to invest in a property with a head start on critical upgrades, This building is not just a property; it's a canvas ready for transformation into a thriving hub of activity and community.

5,000 Sq.Ft. LIVING AREA

3,721 Sq.Ft. lot

Catrell S. Dyer

Catrell S. Dyer

Features & Amenities

Area & Lot

  • Status Sold
  • Living Area5,000 Sq.Ft.
  • Total Area5,000 Sq.Ft.
  • Lot Area3,721 Sq.Ft.
  • MLS® ID11959283
  • TypeOther
  • YEAR BUILT1915
  • NeighborhoodAustin

Exterior

  • STORIES2
  • roofTar and Gravel
  • AIR CONDITIONINGCentral Air
  • SubstructureConcrete Perimeter

Financial

  • Sales Price$240,000
  • Real Estate Tax $1,800/yr
  • Zoning MULTI

Austin

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Work With Catrell

Experience a one-stop solution for all your real estate needs. From buying, selling, or renting homes to credit repair consulting and loan officer referrals, Catrell S. Dyer offers a holistic approach, guiding you every step of the way with dedication and care.

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