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7900 S Jeffery Boulevard Chicago, IL $ 250,000
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$ 250,000 Get more info
7900 S Jeffery Boulevard
$ 250,000
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7900 S Jeffery Boulevard

Chicago, IL, 60617
$ 250,000
Baths0.0 Sq 8,713

Monthly Estimate*

$ 1,662

7900 S Jeffery Boulevard, Chicago, IL 60617 - Image 1
7900 S Jeffery Boulevard, Chicago, IL 60617 - Image 2
7900 S Jeffery Boulevard, Chicago, IL 60617 - Image 3
7900 S Jeffery Boulevard, Chicago, IL 60617 - Image 4
7900 S Jeffery Boulevard, Chicago, IL 60617 - Image 5
Studio

Commercial Property for sale in Chicago, IL

for $250,000. This 8,713 square foot building was built in 1963 on a lot size of 0.274242.

APPRAISED AT" $355,000 in January 2023 and LISTED AS-IS AT $250,000!!! In a B3-2 zoned area, this asset can reap the benefits of 1.) Being in an Opportunity Zone, 2.) Being in Empowerment Zone #6, and 3.) Being on an Invest South West corridor. *This 12,000 square foot corner lot is highly visible at the intersection of 79th and Jeffery. With seven (7) units, 8,713 square feet of rental space, this multi-tenant retail building will be very profitable. You can own a detached freestanding one-story retail building discounted $55,00. (per the appraisal). * Currently partitioned for seven tenants. 6 units are vacant. POSSIBLE commercial uses: Nursey School. General Retail, Office, or Restaurant uses. PARKING includes approximately 7 - 14 cars at the rear of the building. *Some units facing 79th Street: They are #1951 to #1959. *Two units face Jeffery Avenue. Those units are 7900 & 7906. UNIT SQUARE FEET: Units 1951 and 1953 contain 1,278 square feet each. Units 1955 and 1957 contain 1,207 square feet. Unit 1959 is 1,491 square feet. Unit 7900 is 1,136 square feet. Unit 7906 contains 1,116 square feet. CALL AND SCHEDULE TO SEE THE INVESTMENT TODAY!

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Commercial Contingent

Price

$ 250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 7,927

Style

Commercial

Lot Size

0.274242

Year Built

1963

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11830042
Features
General
Cooling Central Individual
Utilities Electric to Site Gas to Site Sanitary Sewer
Possession Closing
Roof Rubber
Zoning COMMR
Construction Materials Brick
Year Built 1963
Electric Circuit Breakers
Tenant Pays Air Conditioning Common Area Maintenance Electricity Heat
Stories 1
Township Hyde Park
Property SubType Strip Center
Tax Year 2022
Current Use Commercial
County Cook
Net Operating Income 0
Insurance Expense 4376
Property Type Commercial Sale Retail/Stores
Contingency Attorney/Inspection
Status Contingent
Directions 79th Street to Jeffery or Jeffery to 79th Street
City Chicago
NumberOfUnitsTotal 7
MLS Area CHI - South Chicago
Lot Size Square Feet 11946
Street Name Jeffery
Tax Annual Amount 7927
Fuel Expense 0
Water Sewer Expense 1430
Additional Parcels Y/N N
Leasable Area 0
Days on Market 117
Standard Status Active Under Contract
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 8713
Lot Dimensions 109 X 110
Frontage Type City Street
Exterior Brick
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Interior
Street Suffix Boulevard
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* Excluded Features
List By
Coldwell Banker Realty

Broker

michael.lafargue@cbexchange.com;michael.lafargue@cbexchange.com

Email

Affordability Calculator

$2,322
Per Month
72%
28%
0%
Monthly Principal & Interest
$1,662
Monthly Property Taxes
$661
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/4/2024$250,000 -16.67% Price Down
11/16/2023$299,995 Listed Price

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7900 S Jeffery Boulevard, Chicago, IL, 60617 is a Commercial Property for sale at $250,000 with 8,713 sqft and a lot size of 0.274242. 7900 S Jeffery Boulevard is a studio with 0.0 baths and was built in 1963. The property's zip code is 60617 which is in Chicago, IL

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