319 S Jefferson Street Chicago, IL ^$ 1,150,000

319 S Jefferson Street

^$ 1,150,000

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319 S Jefferson Street

Chicago, IL, 60661

^$ 1,150,000

Studio Baths0.0 Sq 8,000

Monthly Estimate*

^$ 7,643

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Studio

Commercial Property for sale in Chicago, IL

for $1,150,000. This 8,000 square foot building was built in 1888 on a lot size of 0.07174.

West Loop Very desirable location for investment or owner occupiers Building in excellent condition with many recent upgrades Architect and designer owners with their creative high end finishes and designs. High demand area with no vacancies.

Commercial Active

Price

^$ 1,150,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 34,903

Style

Commercial

Lot Size

0.07174

Year Built

1888

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11811842

Features

General

Cooling Central Air

Roof Rubber

Zoning COMMR

Construction Materials Brick

Year Built 1888

Electric Circuit Breakers Service - 101 to 200 Amps

Tenant Pays Air Conditioning Electricity Heat Taxes Insurance Repairs Scavenger Varies by Tenant

Stories 3

Tax Year 2021

Current Use Commercial

Gross Income 153301

County Cook

Net Operating Income 113913

Operating Expense 51023

Insurance Expense 6500

Property Type Commercial Sale Mixed Use

Possible Use Commercial Retail

Status Active

Directions West on Van Buren south onto South Jefferson Street

City Chicago

NumberOfUnitsTotal 3

MLS Area CHI - Near West Side

Lot Size Square Feet 3125

Street Name Jefferson

Tax Annual Amount 34903

Electric Expense 2520

Fuel Expense 0

Trash Expense 1800

Water Sewer Expense 1800

Additional Parcels Y/N N

Days on Market 268

Lease Type Modified Gross

Standard Status Active

Exterior

Foundation Details Brick/Mortar Concrete Perimeter

Building Area Total 8000

Lot Dimensions 25X125

Frontage Type City Street

Exterior Brick

Interior

Street Suffix Street

* Excluded Features

List By

Cre Advising, Llc

Broker

catherinecaravette@gmail.com;catherine@caravetterealestate.com

Affordability Calculator

$10,552

Per Month

Monthly Principal & Interest: $7,643
Monthly Property Taxes: $2,909
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly 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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Nearby

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$848,429

Percent of Sale Price 26%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
6/19/2023	$1,150,000		Listed Price

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319 S Jefferson Street, Chicago, IL, 60661 is a Commercial Property for sale at $1,150,000 with 8,000 sqft and a lot size of 0.07174. 319 S Jefferson Street is a studio with 0.0 baths and was built in 1888. The property's zip code is 60661 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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.

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Data is updated as of 6/7/2024.

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319 S Jefferson Street

Commercial Property for sale in Chicago, IL

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