8343 W Irving Park Road Chicago, IL ^$ 490,000

8343 W Irving Park Road

^$ 490,000

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8343 W Irving Park Road

Chicago, IL, 60634

^$ 490,000

Studio Baths0.0 Sq 800

Monthly Estimate*

^$ 3,257

8343 W Irving Park Road, Chicago, IL 60634 - Image 1

8343 W Irving Park Road, Chicago, IL 60634 - Image 2

8343 W Irving Park Road, Chicago, IL 60634 - Image 3

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Studio

Commercial Property for sale in Chicago, IL

for $490,000. This 800 square foot building was built in 1971 on a lot size of 0.07174.

Opportunity is knocking with this outstanding income generating turnkey property located in Chicago's Dunning Neighborhood!! Property has 3 tenants currently on it! Property has building structure and garage with rear gate located on it. Income generating billboard is located on the property and pays rent to the owner!! Close to the Cumberland & Irving Park Road intersection!! Tons and tons of automobile & foot traffic!! Possibility of combination with adjacent properties for additional land redevelopment opportunity!! This is definitely a once in a life time opportunity!!

Commercial Pending

Price

^$ 490,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 5,983

Style

Lot Size

0.07174

Year Built

1971

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11739221

Features

General

Cooling Partial

Possession Closing Negotiable Tenant's Rights

Zoning RTAIL

Year Built 1971

Electric Other

Tenant Pays Varies by Tenant

Stories 1

Township Jefferson

Property SubType Restaurant

Tax Year 2021

Gross Income 34299

County Cook

Net Operating Income 28316

Property Type Commercial Sale Retail/Stores

Status Pending

Directions West of Cumberland East of Harlem

City Chicago

Total Units 1

MLS Area CHI - Dunning

Lot Size Square Feet 3125

Street Name Irving Park

Tax Annual Amount 5983.23

Additional Parcels Y/N Y

Leasable Area 0

Virtual Tour https://view.paradym.com/idx/8343-W-Irving-Park-Road-Chicago-IL-60634/4792358/prt/45

Days on Market 79

Lease Type N/A

Standard Status Pending

Exterior

Building Area Total 800

Lot Dimensions 125X25

Frontage Type State Road

Interior

Street Suffix Road

* Excluded Features

List By

Zerillo Realty Inc.

Broker

gz@zerillorealty.com

Affordability Calculator

$3,755

Per Month

Monthly Principal & Interest: $3,257
Monthly Property Taxes: $499
Monthly Home Insurance: --

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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 ^$836,400

Percent of Sale Price 71%

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
3/16/2023	$490,000		Listed Price

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8343 W Irving Park Road, Chicago, IL, 60634 is a Commercial Property for sale at $490,000 with 800 sqft and a lot size of 0.07174. 8343 W Irving Park Road is a studio with 0.0 baths and was built in 1971. The property's zip code is 60634 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 5/23/2024.

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8343 W Irving Park Road

Commercial Property for sale in Chicago, IL

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