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222 E 61st Street

Chicago, IL 60637
  • $900,000
  • STATUS: Active
  • ON SITE: 252 Days
  • MLS #: 11413133
UPDATED: 18 min ago
$900,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1925
County:

School Ratings & Info

Description

OWNER FINACING AVAILABLE! Presenting 222-36 E. 61st St. A commercial/Retail storefront property located in the fast up and coming Washington Park/West Woodlawn neighborhoods. Land Frontage is 128.35 width by 95 deep. Formerly a child care center with licensing approved for 94 students. It is set up as a daycare and it would be perfect for another daycare, huge potential for someone in this business. Building currently offers 18,000 sq. ft. of interior space. Building is in great condition. Tons of new development in the area including the new $800 million Obama Library just east of this location. This property possesses excellent re-development potential. Zoning is B3-2 and this property can be repurposed to accommodate commercial retail or mixed use apartments above storefronts. Conveniently located within 3 blocks of the Green line King Dr. stop. Located very close to Washington Park, The University of Chicago, Hyde Park, Jackson Park, future Obama presidential library, South Lake Shore Dr., Museum of Science and Industry, I-90 and much much more. Owner Financing Available with Heavy Down Payment, owner looking for at least $300,000 and will finance at 5.5% with a fixed interest rate.

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© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-01-31T07:58:32.987 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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222 E 61st Street Chicago, IL 60637

  • Price: $900,000
  • Status: Active
  • On Site: 252 Days
  • Updated: 18 min ago
  • MLS #: 11413133
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1925
Built
Neighborhood:
Chi - Washington Park
County:
Cook
Area:
Chi - Washington Park
Property Description
OWNER FINACING AVAILABLE! Presenting 222-36 E. 61st St. A commercial/Retail storefront property located in the fast up and coming Washington Park/West Woodlawn neighborhoods. Land Frontage is 128.35 width by 95 deep. Formerly a child care center with licensing approved for 94 students. It is set up as a daycare and it would be perfect for another daycare, huge potential for someone in this business. Building currently offers 18,000 sq. ft. of interior space. Building is in great condition. Tons of new development in the area including the new $800 million Obama Library just east of this location. This property possesses excellent re-development potential. Zoning is B3-2 and this property can be repurposed to accommodate commercial retail or mixed use apartments above storefronts. Conveniently located within 3 blocks of the Green line King Dr. stop. Located very close to Washington Park, The University of Chicago, Hyde Park, Jackson Park, future Obama presidential library, South Lake Shore Dr., Museum of Science and Industry, I-90 and much much more. Owner Financing Available with Heavy Down Payment, owner looking for at least $300,000 and will finance at 5.5% with a fixed interest rate.
Exterior Features

Exterior Building Type BrickStoneLimestone Foundation Details Brick/MortarConcrete Perimeter Frontage Type City Street Outdoor Parking 6-12 Spaces Parking Total 12

Interior Features

Cooling Central AirZoned Heat Ventilation Forced AirGas Miscellaneous Inside Common Lunchroom/SCommon Meeting Room/SPrivate Restroom/SStorage Inside Number Of TLDocks 0

Property Features

Additional Parcels YN No Building Area Total 18000 Current Use CommercialSpecial Use Electric Service - 201 To 600 Amps Fire Protection Alarm MonitoredFire Extinguisher/S Gross Scheduled Income 481957 Leasable Area 18000 Location Central Business DistrictCornerMixed Use Area Mls Actual Status Active Net Operating Income 0 Operating Expense 546347 Property Offered For Sale Only Tax Annual Amount 32264.5 Tax Year 2020 Tenant Pays ElectricityHeatRepairs Type Retail/Stores Utilities Electric To SiteGas To SiteSanitary SewerWater-Municipal Zoning Commr

Listing information © 2023 Midwest Real Estate Data LLC.
Listing provided courtesy of E-Professional Realty: 312-730-8875.


© 2023 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2023-01-31T07:58:32.987 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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