Auburn Gresham 2-Story Mixed-Use Building Plus 4 Vacant Lots For Sale

8110 S Racine Ave, Chicago, IL 60620

$225,000 After Repair Value -
$130,000 Asking Price -
$0 Cost of Repairs =
$95,000 Potential Profit

Property Details

Asking Price $130,000

After Repair Value $225,000

Costs of Repairs $0

Potential Profit $95,000

Living Area 18,264 Sq Ft ft2

Property Type Commercial Property

Bedrooms 3

Bathrooms 1

Half Bathrooms N/A

Parking 0

Listed with Agent 1

Property Description

Size: 18,264 Sq Ft (Lot Size)Building Size: 1,200 Sq FtStories: 2Zoning: C2-2Alderman: Brookins Highlights:– 5 contiguous lots totaling 18,264 Sq Ft consisting of a 2-story mixed use building and 4 vacant lots– Ground level retail storefront currently being used as a Church with a 3 bedroom / 1 bathroom apartment above– 4 additional lots have foundation for new church building and educational facilities in place– Nearby parks include Foster Park, Hawthorne Park and O’Hallaren Park– Easily accessible to public transportation, located on CTA #44 Wallace bus route, 0.3 miles from #79 79th Street bus stop, and 0.8 miles from Gresham / Rock Island Metra station

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