For Sale
$150,000

235 E. 115th StChicago, IL 60628

9 unit mixed use building in Chicago's Pullman neighborhood

Overview

Added:
Jan 17
Days on market:
79
Kiser Group is pleased to exclusively present for purchase 235 E. 115th St. a nine (9) unit mixed use building in Chicago's Pullman neighborhood. The property is a short walk away from Palmer Park, the Kensington/ 115th Metra Station, and just a 25 minute drive from downtown Chicago.

235 E. 115th St. consists of three (3) 1Bd/1Ba units, one (1) 2Bd/1Ba unit, and five (5) retail spaces. By converting these units to 2 bedroom apartments, this gives an owner flexible options on what they can achieve with this building. The units have individual and separate utilities and nice square layouts.

235 E. 115th St. requires plenty of TLC, providing a new owner the opportunity to add significant value through renovations of the apartments, common areas, and retail spaces. A unique opportunity to hand select a tenant base, an owner can achieve a cash flowing asset by setting rental rates already achieved in the area.

Highlights

  • Significant Value Add Opportunity 100% Vacant $16.7K per Unit Three (3) 1Bd/1Ba, One (1) 2Bd/1Ba, & Five (5) Storefronts

Property Details for 235 E. 115th St

Property type
Mixed-use properties, Residential income homes
Square Feet
6,424 SF
Price / Square Foot
$23.35
Elevators
N/A
Lot Size (sq. ft)
6,424 SF

Location Insight

City
Chicago
County
State
Illinois

FAQs

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235 E. 115th St
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