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2945 W Harrison Street

Chicago, IL 60612
  • $1,400,000
  • STATUS: Active
  • ON SITE: 159 Days
  • MLS #: 12169611
UPDATED: 26 min ago
$1,400,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1927
County:
Area:

School Ratings & Info

Description

Commercial Mixed-Use Investment Property with Multiple Income Stream Potential Don't miss this rare opportunity to acquire a fully renovated commercial mixed-use space, with active rental income, and additional leasable space currently available. The property has undergone extensive interior and exterior updates in the last 5 years, and stands alone its' class on the market. Key Features: Fully Rehabbed Warehouse: Updated and ready for business, ensuring minimal maintenance costs. Existing Tenant: One lessee currently occupying 1 of 3 rentable spaces, providing immediate rental income. Additional Leasable Space: With extra square footage still available for lease, you have ample opportunity to cash flow by securing additional tenants. This property is a unique investment for businesses and investors alike to capitalize on multiple income streams in a prime location. Whether you're an experienced investor or looking for your first commercial property, this is an excellent chance to secure a profitable asset.

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© 2025 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 Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-20T19:10:31.72 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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2945 W Harrison Street Chicago, IL 60612

  • Price: $1,400,000
  • Status: Active
  • On Site: 159 Days
  • Updated: 26 min ago
  • MLS #: 12169611
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1927
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Commercial Mixed-Use Investment Property with Multiple Income Stream Potential Don't miss this rare opportunity to acquire a fully renovated commercial mixed-use space, with active rental income, and additional leasable space currently available. The property has undergone extensive interior and exterior updates in the last 5 years, and stands alone its' class on the market. Key Features: Fully Rehabbed Warehouse: Updated and ready for business, ensuring minimal maintenance costs. Existing Tenant: One lessee currently occupying 1 of 3 rentable spaces, providing immediate rental income. Additional Leasable Space: With extra square footage still available for lease, you have ample opportunity to cash flow by securing additional tenants. This property is a unique investment for businesses and investors alike to capitalize on multiple income streams in a prime location. Whether you're an experienced investor or looking for your first commercial property, this is an excellent chance to secure a profitable asset.
Exterior Features

Exterior Building Type Brick Foundation Details Concrete Perimeter Frontage Type City Street Outdoor Parking 1-5 Spaces Roof Rubber Roof Structure Flat Water Drainage Floor DrainsStorm Sewers

Interior Features

Cooling Central AirCentral Individual Flooring ConcreteTile Heat Ventilation Central Heat/Indiv Controls Miscellaneous Inside Computer FloorHeavy Floor LoadJanitorial ServiceMulti-TenantOverhead Door/sPrivate Restroom/s Number Of TLDocks 0

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 11900 Built Before1978 YN Yes Current Use Commercial Electric Service - 201 to 600 Amps Fire Protection Alarm MonitoredAlarm On SiteFire Extinguisher/sSmoke or Fire Protectors Geographic Locale Chicago West Gross Income 249235 Gross Scheduled Income 55040 Leasable Area 9324 Location TIF ZoneIn City LimitsHigh Traffic Area Mls Actual Status Active Net Operating Income 39301 Number Of Tenants 1 Operating Expense 15738 Ownership Types Limited Liability Corp Possible Use CommercialConditional UseIndustrialOffice and Research Property Offered For Sale or Rent Property Sub Type Loft BuildingOfficeOtherTechnical/Research & Development Rental Price 22 Seller Will Lease Back Tax Annual Amount 41132 Tax Year 2023 Tenant Pays Air ConditioningElectricityHeat Total Monthly Income 20769 Type Office/Tech Utilities Water-Municipal Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of The Apartment Source: 773-404-9900.


© 2025 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 Leila Keene & Marjorie Allabastro Team | Baird & Warner. Based on information submitted to the MRED as of 2025-06-20T19:10:31.72 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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Leila Keene & Marjorie Allabastro Team | Baird & Warner
2526 N Lincoln Ave
Chicago IL, 60642