635 W 26th Street Chicago, IL ^$ 950,000

635 W 26th Street

^$ 950,000

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635 W 26th Street

Chicago, IL, 60616

^$ 950,000

Studio Baths0.0

Monthly Estimate*

^$ 6,314

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Studio

Commercial Property for sale in Chicago, IL

for $950,000. This building was built in 1899 on a lot size of 0.073072.

Great Bridgeport Mix Used Building. Features 3 Large (1300 SF) Residential Rentals with 1 (1000SF) Retail Commercial with a 3-year Modified Gross lease with Option. PLEASE DO NOT Disturb the commercial or rental tenants. ALL UNITS are occupied. One tenant is on Month to Month. Rest of the tenants are currently under a lease. Rent Breakdown: Unit 1- $1400 MTM, Unit 2 and 3 - $1550 Lease exp 7/2024, Commercial Unit - $2275 Modified Gross Lease will have a 3% increase 7/2024. **Sellers lender has an assumable mortgage option for qualified buyers.**

Commercial Pending

Price

^$ 950,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,758

Style

Lot Size

0.073072

Year Built

1899

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12036406

Features

General

Cooling Central Air Central Individual Window Unit(s)

Possession Closing

Zoning MULTI

Construction Materials Brick

Year Built 1899

Electric Separate Meters

Tenant Pays Electricity Heat Scavenger

Stories 2

Property SubType Mixed Use

Tax Year 2022

Gross Income 73837

County Cook

Operating Expense 7858

Insurance Expense 1800

Property Type Commercial Sale Mixed Use

Possible Use Commercial Retail

Status Pending

Directions Canal to 26th Street West to address

City Chicago

NumberOfUnitsTotal 4

MLS Area CHI - Bridgeport

Lot Size Square Feet 3183

Street Name 26th

Tax Annual Amount 5758

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 300

Additional Parcels Y/N N

Virtual Tour https://real.vision/635-west-26th-street?o=u

Days on Market 29

Lease Type Modified Gross

Standard Status Pending

Interior

Flooring Vinyl Wood

Street Suffix Street

Exterior

Foundation Details Brick/Mortar

Lot Dimensions 40X100

Exterior Brick

* Excluded Features

List By

Main Street Real Estate Group

Broker

hpatel@mainstreetreg.com

Affordability Calculator

$6,794

Per Month

Monthly Principal & Interest: $6,314
Monthly Property Taxes: $480
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$852,833

Percent of Sale Price 10%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/23/2024	$950,000		Listed Price

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635 W 26th Street, Chicago, IL, 60616 is a Commercial Property for sale at $950,000 with a lot size of 0.073072. 635 W 26th Street is a studio with 0.0 baths and was built in 1899. The property's zip code is 60616 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors 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.

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Data is updated as of 6/10/2024.

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635 W 26th Street

Commercial Property for sale in Chicago, IL

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