ADDRESS
Suite C-1
55 East Erie St
Chicago, IL 60611
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Exceptional opportunity to acquire a well-maintained, B3-1 zoned, income-producing building in the heart of Jefferson Park, one of Chicago's most desirable and transit-oriented neighborhoods. The property features a fully leased ground-floor commercial storefront (currently a hair salon), three residential apartments -currently registered with City of Chicago and operating as vacation rentals 8+ years on Airbnb, VRBO, Expedia, and Booking, offering investors a flexible income model with strong short- and long-term rental potential. Situated on a quiet, residential street with free street parking all around, the building is well-maintained with a new roof and siding on both the main building and garage (2024). It is ideally located just four blocks from the Jefferson Park Transit Center, a major hub providing 24-hour CTA Blue Line service to Downtown Chicago, O'Hare International Airport, and Rosemont entertainment district as well as access to Metra's Union Pacific Northwest Line and multiple CTA and Pace bus routes (68, 85, 88, 91). Quick access to Interstates 90 and 94 ensures excellent connectivity for commuters and travelers alike. Jefferson Park is known for its safe, walkable environment, family-friendly atmosphere, and strong sense of community. With excellent public schools and a neighborhood mix of single-family homes, bungalows, and low-rise apartments, it appeals to families, professionals, and renters seeking convenience and comfort. This property offers the rare chance to own a turnkey mixed-use asset with diversified income streams, located in a thriving, high-demand neighborhood with outstanding transit and amenity access.
4 weeks ago | Listing updated with changes from the MLS® | |
4 weeks ago | Status changed to Active | |
4 weeks ago | Listing first seen on site |
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