For Sale
$2,675,000

4504 Irving Park Rd Chicago, IL 60641

Chicago Investment Opportunity: 8 Units, Retail Space

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional mixed-use property, located at 4504 Irving Park Road in Chicago, Illinois, presents a lucrative investment opportunity. Built in 2011, this all-brick building boasts a total of 13,750 square feet situated on a 7,841 square foot lot. The property comprises eight units, offering a blend of residential and commercial space. Seven updated apartments are included, featuring a mix of spacious floor plans. Four units offer expansive 1,750 square feet of living space, each with two bedrooms and two bathrooms. Three additional units provide bright and open 1,250 square feet of living space, also with two bedrooms and two bathrooms. Each residential unit includes in-unit laundry (washer/dryer), hardwood floors, granite countertops, stainless steel appliances, and a fireplace. Complementing the residential units is a substantial 3,000 square feet of retail space, ideal for a variety of businesses. Ample parking is available, with designated spaces for each residential unit and the retail space. The asking price for this remarkable property is $2,675,000. This is a rare opportunity to acquire a well-maintained, high-performing mixed-use building in a desirable Chicago location with strong rental income potential. The property's attractive features and prime location make it an ideal investment for discerning buyers seeking a blend of residential and commercial income streams. The zip code is 60641.

Highlights

  • All-brick mixed-use building.
  • Seven updated apartments.
  • Four 1,750 SF, two-bedroom, two-bathroom units.
  • Three 1,250 SF, two-bedroom, two-bathroom units.
  • 3,000 SF of retail space.
  • On-site parking for all units and retail space.

Property Details for 4504 Irving Park Rd

Property type
Mixed-use properties
Square Feet
13,750 SF
Year Built
2011
Units
8

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9538189
Longitude
-87.7407576

FAQs

What type of property is this?
Mixed-use property - Chicago Investment Opportunity: 8 Units, Retail Space
Where is the mixed-use property located?
The property is located at 4504 Irving Park Rd Chicago, IL.
What is the asking price?
The asking price for this property is $2,675,000.
What are key features of this property?
This property features: All-brick mixed-use building.; Seven updated apartments.; Four 1,750 SF, two-bedroom, two-bathroom units.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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4504 Irving Park Rd
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