919-927 S Loomis Street, Chicago, IL 60607

  • $3,195,000
  • $3,195,000
919-927 S Loomis Street, Chicago, IL 60607
For Sale
919-927 S Loomis Street, Chicago, IL 60607
  • $3,195,000
  • $3,195,000

Overview

Property ID: 24133936
  • Commercial Sale
  • Property Type
  • 1889
  • Year Built

Description

919-927 S Loomis, 15-unit Trophy Asset located in one of Chicago’s most historic neighborhoods, Little Italy. Value-add opportunity with below average rents for 10 residential units comprised of (8) 2 bed/1 bath and (2) 3 bed/1 bath. Coin laundry in basement. Additionally, 5 ground level retail with high 12 ft ceilings, central a/c, duplex down storage rooms and bathrooms. Roof tear off, new sewers, and new deck over the past decade. Short walk to the Pink and Blue Line trains and many boutiques, restaurants and nightlife on Taylor Street. The location is attractive to tenants because of the close proximity to Chicago’s trendiest areas, walking distance to UIC with over 30,000 students enrolled, Illinois Medical District and Pilsen neighborhoods. This building represents a unique opportunity to acquire solid real estate in a prime location with a good unit mix in an area that has constant rental demand and very few transactions. Offering Memorandum and Floor Plans under “Additional Documents”.

  • Address 919-927 S Loomis Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60607
  • Country United States

Details

Updated on August 20, 2024 at 2:51 pm
  • Property ID: 24133936
  • Price: $3,195,000
  • Year Built: 1889
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • MLS#: MRD12116964
  • Office Name: MO2 BROKERAGE LLC
  • Agent Name: Giancarlo Iannotta
  • MLS Status: Active

Additional details

  • List Office MLSID: MRD84893
  • List Agent MLSID: MRD1006406
  • List Date: 2024-07-25T05:17:23.000Z
  • Tax Annual: 32526
  • Tax Year: 2023
  • County: Cook

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