ADDRESS
Suite C-1
55 East Erie St
Chicago, IL 60611
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Prime Mixed-Use Investment Opportunity in Chicago's Thriving 63rd Street Corridor This fully leased 4-unit B1-1 zoned building offers immediate cash flow and long-term upside. Featuring three commercial storefronts and one residential apartment, the property generating a steady monthly income. Rental Income Breakdown: ask* * Insurance Office -(18-year tenant) * Zumba Studio - * Youth Learning Center - (recently renovated with new A/C) * Upstairs Apartment - (updated kitchen in 2023, remodeled bathroom in 2020) Property Highlights: * B1-1 zoning allows for flexible redevelopment or continued mixed-use investment * All tenants are month-to-month and take care of their own utilities * New windows throughout the building * Quartz countertops with original solid wood cabinets in the apartment * Property sits on two lots * Low taxes -2 lots * Fully leased with long-term, stable tenants Located in a high-traffic, up-and-coming area, this property is ideal for investors seeking strong rental income, future redevelopment potential, or value appreciation. Priced to sell with immediate income in place.
2 months ago | Listing updated with changes from the MLS® | |
2 months ago | Status changed to Active | |
2 months ago | Listing first seen on site |
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