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    4201 N Troy Street

    Chicago, IL 60618
    • $715,000
    • STATUS: Active
    • ON SITE: 56 days
    • MLS #: 10944393
    $715,000
    • 0
      BEDS
    • 0.21
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1907
    County:

    School Ratings & Info

    Description

    Current income of $1800 a month and 60% of utilities paid for rather than $3800 a month and 60% of utilities paid for is a temporary rent reduction due to COVID. Church Rental in place and is on a Shared Arrangement so many possibilities exist for garnering still another tenant for an additional co-existing extra ownership income producing arrangement. Current owner/landlord has an entire wing of great office space for new owner usage and/or for leasing for yet potentially 3 sources of income. Stellar building in Excellent Condition. Heart of Chicago's Irving Park East. Triple corner lot offers approximately 15000 square feet spread out into 4 distinct separate spaces: Sanctuary with original stained glass windows, lower level with licensed commercial kitchen with huge dining hall and auxiliary space/offices, upper level of East Wing of building with full gym, and main level of the East Wing has a suite of individual offices with conference area. Endless possibilities including, with current R-3 zoning, the development of two high-end residential units or convert into a well-kept secret single-family home such as so many others have throughout the City. Solid Seating for 300 in the stained glass auditorium, and gym is being used as an additional 200 seating arena. The East Wing main level includes 5 private offices, large conference area, separate kitchenette and new washrooms. Updated LED lighting fixtures throughout building for cost efficiency. New furnace and condenser added to making entire building two fully separate zones for heating and cooling. New bathrooms, some with showers, in 3 of the 4 distinct areas. Two sets of Stacked high-end Washer/Dryers along with huge walk in highly organized pantry on the commercial kitchen level. Lowest level of building is only 3 feet below grade. Natural light abounds. Street parking available on Kedzie, Troy, and Berteau and has been arranged w/nearby lots. Walking distance to brown line and other major public transportation with ease via Irving bus line. See Drone Photos. Amazingly priced property ready for you. Bring your prequalification and let's go.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-26T18:52:44.593 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    4201 N Troy Street Chicago, IL 60618

    • Price: $715,000
    • Status: Active
    • MLS #: 10944393
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.21
    Acres
    1907
    Built
    Neighborhood:
    Chi - Irving Park
    County:
    Cook
    Area:
    Chi - Irving Park
    Property Description
    Current income of $1800 a month and 60% of utilities paid for rather than $3800 a month and 60% of utilities paid for is a temporary rent reduction due to COVID. Church Rental in place and is on a Shared Arrangement so many possibilities exist for garnering still another tenant for an additional co-existing extra ownership income producing arrangement. Current owner/landlord has an entire wing of great office space for new owner usage and/or for leasing for yet potentially 3 sources of income. Stellar building in Excellent Condition. Heart of Chicago's Irving Park East. Triple corner lot offers approximately 15000 square feet spread out into 4 distinct separate spaces: Sanctuary with original stained glass windows, lower level with licensed commercial kitchen with huge dining hall and auxiliary space/offices, upper level of East Wing of building with full gym, and main level of the East Wing has a suite of individual offices with conference area. Endless possibilities including, with current R-3 zoning, the development of two high-end residential units or convert into a well-kept secret single-family home such as so many others have throughout the City. Solid Seating for 300 in the stained glass auditorium, and gym is being used as an additional 200 seating arena. The East Wing main level includes 5 private offices, large conference area, separate kitchenette and new washrooms. Updated LED lighting fixtures throughout building for cost efficiency. New furnace and condenser added to making entire building two fully separate zones for heating and cooling. New bathrooms, some with showers, in 3 of the 4 distinct areas. Two sets of Stacked high-end Washer/Dryers along with huge walk in highly organized pantry on the commercial kitchen level. Lowest level of building is only 3 feet below grade. Natural light abounds. Street parking available on Kedzie, Troy, and Berteau and has been arranged w/nearby lots. Walking distance to brown line and other major public transportation with ease via Irving bus line. See Drone Photos. Amazingly priced property ready for you. Bring your prequalification and let's go.
    Exterior Features

    Waterfront YN No

    Interior Features

    Cooling Central Air Heat Ventilation Central Heat/Indiv ControlsForced AirGas

    Property Features

    Additional Parcels YN No Built Before1978 YN Yes Geographic Locale Chicago North Gross Scheduled Income 45600 Lot Size Dimensions 75 X 125 Operating Expense 0 Property Offered For Sale Only Tax Annual Amount 0 Tax Year 2019 Tenant Pays Retail Unincorporated YN No Zoning Other

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of Eldorrado Chicago Real Estate.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or BNRealty | RE/MAX Rising. Based on information submitted to the MRED as of 2021-01-26T18:52:44.593 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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