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$399,000
Est. payment /mo
3,850 SqFt
UPDATED:
10/10/2024 12:39 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 3,850 sqft
Price per Sqft $103
MLS Listing ID 12143036
Year Built 1888
Annual Tax Amount $8,954
Tax Year 2023
Lot Dimensions 6250
Property Description
Beautifully rehabbed, 2-story, mixed use (commercial/residential) building in the heart of downtown Blue Island. This trophy asset stands out from the rest. Purchased in 2019 by the current owner, the building was completely gut-rehabbed in 2021, including all-new electrical, plumbing, new HVAC, custom flooring and tile work throughout the building. ADA bathroom on retail level. Comprehensive exterior tuckpointing was performed and the entire south exterior was rebuilt with new brick in 2023. Only the 2nd floor HVAC remains from what was acquired in 2019. Each of the three units have hot water tanks that were installed in 2019. Property also includes a full, unfinished basement and an unfinished attic. The building is configured as follows: 1st floor has a fully built-out retail unit, totaling approximately 1,600 SF. 2nd floor is comprised of two residential apartment units (one 3-bed and one studio). Apartment units feature all-white kitchens, including granite countertops, along with a full appliance package of stove/range, refrigerator, microwave and dishwasher. Studio unit bath features a stand-up, glass/tile shower. 3bedroom unit bath features a traditional tub/shower combo. Both residential units are currently occupied. The retail unit is currently occupied by a boutique apparel shop. The retail unit will be delivered vacant at closing. The building is situated on a double lot, totally 6,250 SF, which includes a 3,125-SF side lot/yard, which is 40% paved with concrete and 60% grass lawn. There are also parking for six vehicles in the property's rear. Located one mile from I-57 and two miles from I-294
Location
State IL
County Cook
Area Blue Island
Zoning OTHER
Interior
Cooling None
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Brick,Wood Frame
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Listed by Edward Bluemel • Atlas Asset Management Realty LLC