$1,800,000
3411 W North AVE Chicago, IL 60647
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$1,800,000
Est. payment /mo
14,750 SqFt
Active
3411 W North AVE Chicago, IL 60647
UPDATED:
09/12/2024 05:07 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 14,750 sqft
Price per Sqft $122
MLS Listing ID 12087257
Year Built 1917
Annual Tax Amount $33,845
Tax Year 2023
Lot Dimensions 72X120
Property Description
Discover vibrant Humboldt Park currently experiencing rapid gentrification. This iconic property, home to the Puerto Rican Cultural Center, is eagerly sought after by 'gig' workers and artists looking for sleek, modern and flexible live-work space to inspire their creative spirit. Extensively rehabbed in 2018, this fully-rented 6-unit, 14,750sf mixed-use building features 'open- concept' apartments and 2 retail spaces: (2) 3 bdrm - 2 bath units approximately 1900sf and (2) 1 bdrm - 1 bath units approximately 1600sf, a 3600sf theater space (now the Side Quest Social Club) and a 1600sf retail space (The Puerto Rican Cultural Center) Plus a 6-7 car gated parking pad with a security gate. The parcel enjoys 3 lots of record - 72' of frontage on North Ave and includes a one- story 1250sf "annex" building: 3411-A West North Ave, which is incorporated into the theater space. Each apartment boasts modern amenities, including newer kitchens with dishwashers, in-unit washers/dryers, separate HVAC and water heaters, 10'+ ceilings and engineered flooring. The building has all new mechanical systems including windows, plumbing, electric, roof, sewers, waterproofing and tuckpointing, Invest in this turn-key operation and enjoy the appreciation of an emerging area.
Location
State IL
County Cook
Area Chi - Humboldt Park
Zoning RTAIL
Interior
Cooling Central Individual
Flooring Concrete
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
Building
Dwelling Type Mixed Use
Level or Stories 3
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Mary Nack • Compass
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