Commercial Real Estate

256 w 115th street

chicago, IL

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Status: Active
Property Type: Commercial Real Estate
Community: Chicago
$110,000
price
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bedrooms
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bathrooms
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square feet
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usable square feet
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Prime Investment Opportunity - Mixed-Use Property with High Upside Potential Unlock the full potential of this mixed-use property, perfect for developers and investors looking for their next high-ROI project. This property includes: A two-bedroom, one-bath residential unit ready for value-add upgrades. Ground-floor commercial space ideal for retail or office use. An adjacent vacant parcel offering expansion or new development potential. Basement storage and mechanicals with room for functional improvements. An attic space that could be converted into an additional income-generating unit. With the upcoming Red Line extension, property values and neighborhood demand are set to rise, making this a prime opportunity for a lucrative flip or long-term investment. The estimated After Repair Value (ARV) exceeds 300,000, presenting a strong margin for profitability. Act now-opportunities like this don't last long!
Lot size: 3,875 square feet
Taxes: $951
Style:
County: Cook
Listing time: Clients only
MLS #: 12291087

Map: 256 w 115th street

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Property Details: 256 w 115th street

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Interior features

Interior information
  • Total Rooms: Ask Agent
  • Bedrooms: Ask Agent
  • Interior Features:
  • Full Bathrooms: Ask Agent
  • Half Bathrooms: Ask Agent
  • Master Bedroom: No
  • Additional Rooms: Ask Agent
Living Room
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Dining Room
  • Combined With Living Room: No
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Kitchen
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Family Room
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Master Bedroom
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Laundry
  • Size: Ask Agent
  • Level:
  • Floor Coverings:
Basement
  • Basement: No
  • Description:
Equipment, Appliances, HVAC
  • Heating: Other
  • Cooling: None
  • Appliances: Ask Agent
  • Additional Equipment:

Exterior, pets, parking, misc

Exterior information
  • Exterior Features: Brick
  • Exposures:
  • Roof:
  • Lot Acres: Ask Agent
  • Lot Square Footage: 3,875 square feet
  • Waterfront: No
Pets
  • Pets Allowed: Ask Agent
  • Pet Information:
Parking
  • Total Parking Spaces: Ask Agent
  • Parking Description:
  • Garage Spaces: Ask Agent
  • Garage Description:

Financial information

  • Taxes: $951
  • Tax Year: 2023
  • Assessments (HOA): Ask Agent
  • Assessments Include:
  • Special Assessments:
  • Is Distressed Sale: No

Property specific details

  • Year Built: 1892
  • Building Age: Older
  • Total Number Of Units: 2
  • Number Of Stories: 2

chicagohome's network knowledge

  • Usable SqFt: Ask Agent
  • $'s/Usable SqFt: Ask Agent
  • Parcel Identification Number (PIN): 25212260300000
  • Subdivision Name:

Listing courtesy of @properties

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