Stunning Corner Brick Building in McKinley Park – Premier Location with Excellent Income

Highlights

• 8,150 SF building with 8 units
• Built in 1881, adding historic charm
• Zoned C1-2 for versatile use
• Prime location in Chicago
• 100% occupancy for immediate income
• Multifamily investment opportunity
• Low-rise/garden style for tenant appeal
• Potential for Additional Retail Unit

Description

This beautifully maintained and thoughtfully updated corner building in Chicago’s vibrant McKinley Park neighborhood offers a rare opportunity for investment or ownership. The property comprises two leased retail spaces and six updated apartments, including an expansive duplex loft that serves as an ideal owner’s unit. Sunlight fills each unit, enhancing the property’s welcoming ambiance and highlighting its high-quality finishes.

Situated on a spacious lot, the building includes a two-car garage with street access to Archer Avenue, presenting an opportunity for conversion to additional retail space or continued use for income-generating parking. A large driveway provides extra parking options, a valuable asset in this sought-after neighborhood.

Each apartment has been meticulously updated, with the owner’s unit standing out at approximately 3,000 square feet. This exclusive residence features three bathrooms, including a luxurious sauna, adding a unique touch of comfort and relaxation.

This property offers a versatile income-generating layout with strong potential for retail expansion, making it a premier investment in Chicago’s growing McKinley Park community.

Discover the vibrant surroundings of this Chicago neighborhood, where the energy of the city meets the comforts of home. The area offers an array of amenities, from eclectic dining and entertainment options to lush green spaces and cultural attractions. Nearby, the iconic McKinley Park provides a peaceful retreat for relaxation and recreation, while the historic Bridgeport neighborhood is a source of rich cultural heritage. With convenient access to public transportation and major roadways, the location is ideal for those seeking a dynamic urban lifestyle within a dynamic and well-connected community.

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