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Exceptional opportunity for a mixed-use property on Chicago's historic Taylor Street. Well maintained, with a long history of 100% occupancy, coupled with strong financials make this a perfect investment property. The first-floor retail space measures approximately 1,600 sq. ft. with a full basement, and is leased to a local coffee shop with approximately 3 years of additional term remaining with annual rental increases. The 4 residential units are a perfect balance between original charm and modern updates. 2, two-bedroom units and 2, one-bedroom units are all rented and will let the owner capitalize on the strong demographics and rental trends. Each unit has separate central heating and cooling and is separately metered for tenant-paid gas and electric. The property has been well maintained, and recent updates include an entirely new, code-compliant rear porch, and tuckpointing.
Keller Williams Infinity