ADDRESS
Suite C-1
55 East Erie St
Chicago, IL 60611
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
Amazing opportunity to own a fully renovated in 2017, mixed-use corner building in hot West Town/Ukrainian Village. This high-visibility corner property offers a 7% cap rate and is ideal for investors looking for strong rental potential in one of Chicago's most sought-after neighborhoods. Please note - the rents are below market rates. The property is easily recognizable thanks to the eye-catching mural on its exterior wall, which pays homage to the local culture. The commercial space features the original black bamboo-accented bar and an industrial-chic aesthetic, with exposed ductwork and black ceilings. This versatile space benefits from excellent foot traffic and visibility due to its high-exposure corner location. The property includes four highly desirable 2-bedroom residential units with hardwood floors throughout, open-concept layouts, and high ceilings. Each unit features modern kitchens with white shaker cabinets, quartz countertops, stainless steel appliances, and herringbone subway tile backsplashes. Designer lighting, including fun chandeliers and pendant fixtures, enhances the contemporary vibe. The bathrooms are fitted with brass fixtures and subway tile. Situated in the heart of West Town, this property offers convenient access to public transportation, making it a prime location for residents and businesses. Contact us today for more details or to schedule a private tour!
4 days ago | Listing updated with changes from the MLS® | |
2 months ago | Status changed to Active | |
2 months ago | Listing first seen on site |
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.