4402-4400-4402 S Honore St, Chicago, IL

Name: 4402 - 4400-4402 S Honore St, For Sale in Chicago - Zoocasa
Brand: RE/MAX MI CASA
SKU: 12778506
Price: 549000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$549,000

000

MLS® 12778506

Overview

Key Facts

Type Mixed Use

Levels Commercial Sale

Size -

Garage No

Maintenance Fees

Taxes $15,997

Days Active 0

Approx. Age 1909

MLS® Number 12778506

Property Address: 4402-4400-4402 S Honore St, Chicago, IL, 60609-3305

Average square foot calculated using Size range provided by listing agent.

Description

Excellent investment opportunity in the New City area! This mixed-use property offers strong income potential with 8 residential units plus 1 storefront, providing multiple streams of revenue. The building features a desirable unit mix, including two 4-bedroom units, one 5-bedroom unit, one 3-bedroom unit, and four 2-bedroom units, appealing to a wide range of tenants. Most apartments have been updated, and each unit is equipped with separate heat and electric, helping to reduce owner expenses and simplify management. The storefront is currently vacant, creating a great opportunity for an owner-user to start a business or lease for additional income. The property is well-maintained and currently occupied by long-term tenants, with rents below market value, offering significant upside potential for increased cash flow. No leases in place provide added flexibility for future plans. Conveniently located near major streets, public transportation, and local amenities. A solid opportunity for investors looking to build equity and maximize returns in a growing area. *FULL UNFINISHED BASEMENT*

MLS® Number12778506

Locker

Ensuite LaundryNo

Balcony

Furnished

Laundry Level

Exposure

Exterior

GarageNo

Approx. Age1909

Stories

Pets

Included in Maintenance Fee

Heat

Hydro

Water

Building Insurance

Condo Taxes

Cable TV

Central Air

Parking Maintenance

Utilities

Heat

A/CNone

Extras

Map

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