3251 West 111th Street, Chicago, IL

$325,000

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About 3251 West 111th Street

Incredible Investment Opportunity in Prime Mount Greenwood! Here's your chance to own a well-maintained mixed-use two-flat in one of the most desirable high-traffic corridors on 111th Street in Mount Greenwood. This property offers excellent visibility, stable income, and significant upside potential. The building includes a 400 sq ft commercial space in the front and a spacious 3-bedroom, 1-bath residential unit in the rear-plus a full unfinished attic that offers future expansion potential. There's also a 2-car garage in the rear. The property has been well cared for, and both units are currently occupied with long-time, month-to-month tenants. Rents have not been raised in many years, offering immediate value-add opportunity by adjusting to market rate. The adjacent vacant 25 x 125 lot is also available for just $100,000 additional. Use it for expanded parking, outdoor space, or future development-the possibilities are endless. Both parcels have separate PINs and can be sold together. Whether you're looking to increase cash flow, expand your portfolio, or secure a prime piece of real estate in a sought-after business district, this is a must-see opportunity.

Features of 3251 West 111th Street

MLS® # 12420638
Price $325,000
Bathrooms 0.00
Acres 0.00
Year Built 1919
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 3251 West 111th Street
Area CHI - Mount Greenwood
City Chicago
County Cook
State IL
Zip Code 60655

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Wall Sleeve
Fireplace No
Has Basement No

Exterior

Exterior Wood, Frame
Foundation Brick/Mortar, Concrete Perimeter

Additional Information

Days on Market 91
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

Office@properties Christie's International Real Estate
Contact Info708-971-0060

Listing Map

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