See all 31 photos
31 photos
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
$1,399,900
Est. payment /mo
6,970 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 6,970 sqft
Price per Sqft $200
MLS Listing ID 12382083
Year Built 1961
Annual Tax Amount $30,016
Tax Year 2023
Lot Dimensions 10873
Property Sub-Type Mixed Use
Property Description
Exceptional Investment Opportunity - 11-Unit Mixed-Use Building in Stickney, IL. This building is a well-maintained, flexicore-constructed 11-unit mixed-use asset. This versatile property features six (6) residential 1-bedroom, 1-bathroom apartments and four to five (4-5) office suites, The building includes a secure, income-producing tenant who intends to remain for the foreseeable future. The residential units are separately metered, each equipped with individual HVAC systems, water heaters, and rooftop A/C units. One apartment has been fully renovated with premium finishes, including an in-unit washer and dryer, stainless steel appliances, white shaker cabinetry, granite countertops, vinyl plank flooring, and a modernized bathroom-providing a strong model unit for potential rent increases. The remaining apartments offer a mix of carpet and tile flooring, laminate countertops, and white kitchen cabinetry, allowing for value-add potential through interior upgrades. Recent capital improvements enhance the building's longevity and tenant appeal, including a new tear-off roof, gutters, soffits, fascia, rooftop A/C units, exterior staircases, and a fire sprinkler system. Property amenities include a heated two-car garage, on-site management office, master key entry system, common area restrooms, a prominent pylon sign, and 14 dedicated parking spaces. The residential tenants are currently paying their own heat and electricity, there is immediate upside for investors through rent increases, implementation of a RUBS program for the office tenants, and restoration of the property's original mixed-use zoning classification (2022: 3-18 Mixed-Use; 2023: 5-17 One-Story Commercial). This is a rare chance to acquire a stable, income-generating property with multiple value-add strategies and strong long-term growth potential. Don't miss the opportunity to invest in one of Stickney's most strategic mixed-use assets!
Location
State IL
County Cook
Area Stickney
Zoning COMMR
Interior
Cooling Central Air, Wall Sleeve
Fireplace N
Building
Dwelling Type Mixed Use
Level or Stories 2
Structure Type Brick,Concrete,Stucco
Read Less Info
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Emmanuel Nevarez • Midwest SignatureProperties Co
MORTGAGE CALCULATOR
Use our home loan calculator to estimate your total mortgage payment, including taxes and insurance. Simply enter the price of the home, your down payment, and details about the home loan, to calculate your mortgage payment, schedule, and more.
Payment
Schedule
Your mortgage payments over 30 years will add up to $0.
Get more info from a local expert!
GET MORE INFORMATION
QUICK SEARCH
- Homes For Sale in Madison, WI
- Homes For Sale in Verona, WI
- Homes for Sale in Fitchburg, WI
- Homes For Sale in Middleton, WI
- Homes For Sale in Stoughton, WI
- Homes For Sale in Sun Prairie, WI
- Homes for Sale in Oregon, WI
- Homes for Sale in McFarland
- Homes For Sale in Belleville, WI
- Homes For Sale in Janesville, WI
- Mount Horeb