Under contract
Contingent
2414 S Wentworth Avenue
Chicago IL, 60616
$2,200,000
$335.88 per sqft
Under contract
Contingent
6,550 sqft
Other
Built in 1977
Courtesy of Mango Realty Group
Seize this rare and exceptional opportunity to own a meticulously maintained 3-story commercial-residential mixed-use building, ideally situated in the heart of vibrant Chinatown. Built just 47 years ago, this property combines modern appeal with prime location. The first and second floors, along with the basement, are currently leased to a well-established, featuring multiple private dining rooms on the second floor, ensuring strong rental income potential. The third floor features two residential units, both currently rented below market value, presenting an excellent opportunity for increased rental income. The front unit consists of 2 bedrooms, 1 den, and 2 bathrooms, and has been recently upgraded with new flooring, a new stove, a new refrigerator, and fresh paint. The rear unit includes 2 bedrooms and 1 bathroom. Both units are outfitted with central heating and cooling systems, ensuring year-round comfort. Additionally, the building's roof was replaced six years ago, offering long-term durability and peace of mind for the future owner. Positioned in a highly desirable location with immediate access to popular shops, renowned restaurants, and public transportation, this property is a prime investment opportunity. Chinatown continues to thrive, making this an unmatched chance to capitalize on its growth and energy. Don't miss out on owning a premium piece of real estate in one of the city's most sought-after areas. This is a must-see property for investors or buyers looking for strong returns and long-term value. Contact us today to schedule a viewing and secure this outstanding investment!
12164307
MLSⓇ ID
October 7, 2024
Listed
November 26, 2024
Updated
Map
2414 S Wentworth Avenue
Chicago IL, 60616
Interior Features
Total Stories
3
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
No
Exterior/Building Features
Lot Size
0.06 Acres
Other Property Details
Area Name
CHI - Armour Square
Taxes
$15,791
Tax Frequency
Annually
Days on Market
51
Garage
No
View
No
County
Cook
Municipality
South Chicago
Pool
No
Zoning
COMMR
Listing History
Date | Event | Price |
---|---|---|
11/26/2024 | Under contract | — |
Courtesy of Mango Realty Group, ManChing Ng,
Listing Contact: 773-886-0660
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Based on information submitted to the MLS GRID for MRED 11/26/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 5:42 PM UTC, 11/26/2024