Rehabbed 4 unit mixed-use brick building in well located Old Irving Park neighborhood. Comprised of 3000 sf first floor retail space with full basement with storage,washer /dryer, and 3-gorgeous large 2 bed 1 bath apartments-all new individual hvac units and beautifully rehabbed apartments from top to bottom. Additional improvements include: new roof, exterior masonry and painting. A unique advantage to this property is the building's configuration having frontages on both Elston and Monticello Avenues. Wonderful opportunity for an investor or a restaurant, retailer or office user looking for a freshly redone approximately 3000 sf space with fabulous exposure, high ceilings and tons of storage. An amazing opportunity!
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.