2032 W Irving Park Road Chicago, IL ^$ 675,000

2032 W Irving Park Road

^$ 675,000

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New Construction

2032 W Irving Park Road

Chicago, IL, 60618

^$ 675,000

Studio Baths0.0 Sq 2,284

Monthly Estimate*

^$ 4,486

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Studio

Commercial Property for sale in Chicago, IL

for $675,000. This 2,284 square foot building was built in 1954 on a lot size of 0.07174.

Northcenter Gem! Handsome 1950s two story brick walk-up with a first floor remodeled office/retail space. Currently a 2-office attorney's office with the lease ending July 31st, 2024 and a top floor bright and light custom rental unit (lease expiring Spring 2025') with hardwood floors, new windows, in-unit laundry and separate GFA/CAC. Own your new or existing business location with a hidden tranquil yard for entertaining or possible expansion. Large brick garage for storage and 1 car parking. ***Could be a possible new construction opportunity or bank it for a future project. Currently B1-1 but other lots have been granted changes on the block. Great Northcenter location just a short walk to the Brown Line 'L' Train.

Commercial Active

Price

^$ 675,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,598

Style

Office

Lot Size

0.07174

Year Built

1954

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11900300

Features

General

Cooling Central Air Central Individual

Possession Closing

Zoning OFFIC

Construction Materials Brick

Year Built 1954

Electric Circuit Breakers Separate Meters Service - 0 to 100 Amps

Tenant Pays Electricity Heat

Stories 2

Township Lake View

Property SubType Apts/Ofc/Store Apts/Ofc Apts/Stores Ofc/Store

Tax Year 2022

Current Use Office

Gross Income 41400

County Cook

Net Operating Income 35595

Operating Expense 5805

Insurance Expense 1500

Property Type Commercial Sale Mixed Use

Possible Use Commercial Condominium Office and Research Retail

Status Active

Directions Irving Park Rd just west of Lincoln Damen and Irving Pk 6-corner intersection. The Heart of Northcenter

City Chicago

NumberOfUnitsTotal 2

MLS Area CHI - North Center

Lot Size Square Feet 3125

Street Name Irving Park

Tax Annual Amount 10598

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 1000

Additional Parcels Y/N N

Days on Market 224

Lease Type Gross

Standard Status Active

Total Actual Rent 2500

Exterior

Foundation Details Concrete Perimeter

Building Area Total 2284

Lot Dimensions 25' X 125'

Frontage Type City Street

Exterior Brick

Interior

Street Suffix Road

* Excluded Features

List By

The Wilcox Company

Broker

tim@thewilcoxcompany.com; tcchicago2001@yahoo.com

Affordability Calculator

$5,369

Per Month

Monthly Principal & Interest: $4,486
Monthly Property Taxes: $883
Monthly Home Insurance: --

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Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$852,833

Percent of Sale Price 26%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
5/7/2024	$675,000	-1.46%	Price Down
1/27/2024	$685,000	-2.14%	Price Down
10/4/2023	$700,000		Listed Price

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2032 W Irving Park Road, Chicago, IL, 60618 is a Commercial Property for sale at $675,000 with 2,284 sqft and a lot size of 0.07174. 2032 W Irving Park Road is a studio with 0.0 baths and was built in 1954. The property's zip code is 60618 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 6/10/2024.

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2032 W Irving Park Road

Commercial Property for sale in Chicago, IL

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