IL > Chicago
Chicago, IL 60642,470 N Aberdeen ST
Chicago, IL 60642,470 N Aberdeen ST
Chicago, IL 60642,470 N Aberdeen ST
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Jacqueline Knight

Jacqueline Knight

+1(608) 440-1740
$1,100,000
Est. payment /mo
4,088 SqFt
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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,088 sqft

Price per Sqft $269

MLS Listing ID 12351885

Year Built 1923

Annual Tax Amount $12,583

Tax Year 2023

Lot Dimensions 109.9X24.9

Property Sub-Type Mixed Use

Property Description

Estate Sale: Prime Value-Add Investment Opportunity at 470 North Aberdeen. Unlock the potential of this rare estate sale offering, a mixed-use asset with built-in upside and long-term stability in a high-demand area. The building features: An unfinished ground-floor residential unit (See OM for estimated completion costs), offering near-term upside for value enhancement; recently renovated second and third-floor apartments poised for re-leasing at full market rates during peak leasing season, maximizing rental income potential; and a fully leased retail space anchored by Zullo's Catering, a long-standing tenant since 2009, under a secure lease through December 2033, providing reliable cash flow. With strategic updates and timing, 470 North Aberdeen offers a compelling blend of stability and growth potential in a sought-after urban location. This property presents an exceptional value-add opportunity for investors seeking both immediate and sustained returns. Offering Memorandum available upon request.

Location

State IL

County Cook

Area Chi - West Town

Zoning MANUF

Interior

Cooling Central Individual

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 2

Structure Type Concrete

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Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Kevin Rocio • @properties Commercial

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Jacqueline Knight

+1(608) 440-1740

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470 N Aberdeen ST

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