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$ 1,045,000
Est. payment | /mo
10,775 SqFt
$ 1,045,000
Est. payment | /mo
10,775 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 10,775 sqft
Price per Sqft $96
MLS Listing ID 12741265
Year Built 1930
Annual Tax Amount $18,664
Tax Year 2025
Lot Size 6,969 Sqft
Lot Dimensions 96 X 67
Property Sub-Type Mixed Use
Property Description
Real Realty is pleased to present the exclusive offering of Leulla Heights, a mixed-use investment opportunity located along the busy 75th Street retail corridor and surrounded by a strong residential neighborhood near Luella Avenue. The property consists of 13 studio apartments and four commercial storefronts. Apartments are achieving premium rents of $1,000-$1,500 per month, while commercial spaces range from $700-$1,500 per month, depending on size. The property is supported by solid mechanicals, including a Smith cast-iron boiler installed in 2014 and two 73-gallon hot water tanks installed in 2023. This is a rare opportunity to acquire a true cash-flowing asset with value-add potential.
Location
State IL
County Cook
Area Chi - South Shore
Zoning COMMR
Interior
Cooling Wall Sleeve
Fireplace N
Exterior
Roof Type Membrane
Building
Dwelling Type Mixed Use
Structure Type Brick
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Listed by Alen Redzic of Real Realty Inc
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