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$ 350,000
Est. payment | /mo
$ 350,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12658507
Year Built 1966
Annual Tax Amount $25,816
Tax Year 2023
Lot Dimensions 50 x 125
Property Sub-Type Mixed Use
Property Description
Exceptional opportunity to acquire a wonderfully configured 7-unit mixed-use flexicore brick property located in the heart of downtown Riverdale, just steps from City Hall, the Metra Train station, and the Central Business District. Positioned within a highly walkable community surrounded by residential housing, this property offers strong visibility and long-term investment potential. The commercial component consists of two combined main-level storefronts currently operating as a thriving full-service restaurant with a strong local following. The space features a full commercial kitchen, multiple workstations, and seating capacity for approximately 150 guests. The residential portion includes five spacious apartments comprised of two 2-bedroom/1-bath units and three 1-bedroom/1-bath units. Several apartments feature private balconies. Owner provides heat, while tenants pay electric, including central air. Strong mixed-use income potential in a prime location with excellent foot traffic and commuter accessibility. Serious inquiries only. Proof of substantial (1/4) liquidity required prior to scheduling showings.
Location
State IL
County Cook
Area Riverdale
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Building
Dwelling Type Mixed Use
Structure Type Brick
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Listed by James Mattz of Keller Williams Preferred Rlty
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