Property for Sale: 3001 W 111th, Chicago, IL 60655 SOLD

3001 W 111th, Chicago, IL 60655 SOLD
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Selling Price: $710,000
Original List Price: $899,000
Sold at 79.0% of list price
Sold Date: 12/30/2023

Type Commercial
Year Built 1900

City Chicago
County Cook

MLS 11775144
Status Closed
EXCELLENT INVESTMENT OPPORTUNITY! 10%+ CAP RATE WITH ROOM TO IMPROVE! 100% LEASED MIXED USE BUILDING WITH LONG TERM TENANTS. 5000sf DELUXE OFFICE SPACE AND 4 UPDATED RESIDENTIAL APARTMENTS. 7 UNITS TOTAL W/INDIVIDUAL HEAT & A/C. UPDATED KITCHEN & BATHS. 10 CAR PARKING LOT PLUS 13 CAR LEASED PARKING AREA. EXCELLENT LOCATION CLOSE TO SHOPPING, SCHOOLS, & TRANSPORTATION. Excellent investment opportunity. Mixed use building. 5,000 appx square foot deluxe office space and 4 updated residential apartments. 7 units total with individual heat & a/c. Updated kitchen and baths. 10-car parking lot plus 13-car leased parking area. Excellent location close to shopping, schools and transportation.

Virtual Tours for 3001 111th Chicago, IL

Lot & Building Features

Construction Brick
Cooling Central Individual
Tax Year 2022
Lot Dimensions 84 X 124 ft

Price History of 3001 111th, Chicago, IL

Date Name Price Difference
11/22/2023 Price Adjustment $710,000 13.94%
08/23/2023 Price Adjustment $825,000 8.23%
12/31/1969 Listing Price $899,000 N/A
*Information provided by REWS for your reference only. The accuracy of this information cannot be verified and is not guaranteed.

Map of 3001 111th, Chicago, IL

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Photo of Bill Biros
Bill Biros
Direct: 708-237-7711
3580 W 95th Street
Evergreen Park, IL 60805
Listed by Berkshire Hathaway HomeServices Chicago, Bill Biros & William R Biros
Sold by Fitzgerald Real Estate Inc., Andrew Dorazio
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Listing Last updated . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Walk Score map and data provided by Walk Score. Google map provided by Google. Bing map provided by Microsoft Corporation.

All information provided is deemed reliable but is not guaranteed and should be independently verified.

Listing information courtesy of: Berkshire Hathaway HomeServices Chicago