ADDRESS
Suite C-1
55 East Erie St
Chicago, IL 60611
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$2,400,000
141 Days On Site
7201 N Western AvenueChicago, IL 60645
For Sale|Mixed Use|Active Under Contract
0
Beds
0
Full Baths
0
Partial Baths
—
SqFt
—
/SqFt
1928
Built
County:
Cook
Listing Courtesy of MRED as distributed by MLS Grid of 606 Realty LLC
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7201 N Western, a turnkey, mixed-use building featuring ten (10) residential units and eleven (11) ground-floor commercial spaces, located in Chicago's West Ridge area. Most units have been cosmetically updated with modern kitchens and bathrooms. Each apartment is separately metered with individual tenant-paid heat. The property offers a unique opportunity to acquire a strong, stabilized cash-flowing asset with an in-place cap rate of 7% from day one.
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Listing Snapshot
Price
$2,400,000
Days On Site
141 Days
Bedrooms
N/A
Inside Area (SqFt)
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
1928
MLS® Number
12210481
Status
Active Under Contract
Property Tax
$19,440.22
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Status changed to Active Under Contract | |
| a month ago | Price changed to $2,400,000 | |
| 5 months ago | Listing first seen on site |
General Features
Number Of Stories
2
Property Sub Type
Mixed Use
Zoning
MULTI
Interior Features
Cooling
Window Unit(s)
Electric
Circuit Breakers
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Exterior Features
Construction Details
Brick
Roof
Rubber
Community Features
MLS Area
CHI - West Ridge
Listing Courtesy of MRED as distributed by MLS Grid of 606 Realty LLC
Based on information submitted to the MLS GRID as of 2025-04-05 05:18 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-04-05 05:18 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.
Based on information submitted to the MLS GRID as of 2025-04-05 05:18 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-04-05 05:18 AM UTC
MRED DMCA Copyright Information Copyright © 2025 Midwest Real Estate Data LLC. All rights reserved.
Neighborhood & Commute
Source: Walkscore
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