448 W 31st Street, CHICAGO IL 60616 Photo 1 448 W 31st Street, CHICAGO IL 60616 Photo 2 448 W 31st Street, CHICAGO IL 60616 Photo 3 448 W 31st Street, CHICAGO IL 60616 Photo 4 448 W 31st Street, CHICAGO IL 60616 Photo 5 448 W 31st Street, CHICAGO IL 60616 Photo 6 448 W 31st Street, CHICAGO IL 60616 Photo 7 448 W 31st Street, CHICAGO IL 60616 Photo 8 448 W 31st Street, CHICAGO IL 60616 Photo 9 448 W 31st Street, CHICAGO IL 60616 Photo 10
Listing Courtesy of Baird & Warner

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448 W 31st Street - Location! Location! Completely finished and move in ready! This building is zoned commercial and residential. Enjoy the good life by living in the building working from the comfort of your new home and still collection rental income. This property comes with immediate income potential from the rented 2nd floor unit. Beautiful hardwood floors throughout. Five ceiling fans throughout with central air on the 1st floor makes this building airy and inviting. A finished walk out basement and a detached 2.5 car garage. All within walking distance to the red-line, brown-line stations. Minutes to I-94, I-55 and Lakeshore drive. Close to China town, restaurants and shopping.

Listing information

  • MLS® ID: 09278952
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Mixed Use
  • Stories: 2
  • Foreclosure: No
  • Year Built: 1895
  • Parking Type Description: Detached 2 cars
  • Estimated Annual Taxes: $4,302

Features

Air Conditioning Central Air
Approximate Age Older
Built Before 1978 (Y/N) Yes
Construction Brick
Electrical Service Circuit Breakers
Exterior Building Type Brick
Floor Finish Slate/Marble, Tile, Wood
Franchisor Feed(y/n) No
Frontage/Access City Street
Geographic Locale Chicago South
Heat/Ventilation Forced Air, Gas
Indoor Parking Detached
Information 24-Hr Notice Required, Listing Agent Must Accompany
Misc Outside Enclosed Porch
Other # Of Apts - 1, # Of Offices - 1, # Of Ranges - 2, # Of Refrigs - 2, # Of Units - 2, Electricity Expense - 0, Fuel Expense - 0, Gross Rent Multiplier - 13, Gross Rental Income $ - 45600, Insurance Expense - 1300, Net Oper Income $ - 39997, Other Expenses - 0, Scavenger Expense - 0, Tax Year - 2014, Total Annual Exp - 5602, Total Annual Income - 45600, Total Monthly Income - 3800, Township - South Chicago, Water Expense - 0, Zoning Type - Commr
Possession Closing
Potential Use Commercial, Residential-Multi-Family
Property Type Mixed Use
Roof Structure Flat
Sale Terms Conventional
Tenant Pays Electric, Heat
Washer/Dryer Lsd (Y/N) No
Listing Courtesy of Baird & Warner