Carla Werning
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
451 E. 75th Street presents an exceptional opportunity to acquire a neighborhood commercial asset in the heart of Chicago's thriving Chatham/Park Manor trade area. This one-story, B1-1-zoned commercial building is strategically positioned along the highly trafficked 75th Street corridor, an area benefiting from ongoing public and private investment that continues to attract new businesses, residents, and consumers. The property offers excellent visibility, convenient access, and the flexibility to accommodate a variety of retail, service, office, and neighborhood-oriented commercial uses. Location is a major driver of value here. Just blocks from the award-winning Lem's BBQ, a celebrated James Beard-recognized destination, and the beloved Brown Sugar Bakery, the property sits among some of the South Side's most established neighborhood anchors. It is also surrounded by popular dining and entertainment venues, including Park Manor 75, an elevated cocktail lounge that contributes to the area's growing nightlife and social scene. As redevelopment activity continues along the 75th Street corridor, investors and owner-operators alike have an opportunity to establish a presence in one of Chicago's most recognizable and steadily evolving commercial districts.
Property Highlights
Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1921
General Information
County: Cook
Listed By:
Keller Williams ONEChicago
312-216-2422
MRED MLS
MLS ID: 12675837
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451 E 75th Street, Chicago, IL 60619.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $120,000 | $120,000 | $120,000 |
| Down Payment | $24,000 | $4,200 | $30,000 |
| Monthly Mortgage Amount | $583 | $725 | $741 |
| Taxes | $167 | $167 | $167 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $53 | $0 |
| Monthly Estimated Total | $850 | $1,045 | $1,008 |
Carla Werning
REALTOR®
Cell: (319) 360-9173
Licensed in IA
Cedar Rapids Office
5805 Council St. NE
Suite A
Cedar Rapids, IA 52402
(319) 373-7845
Suite A
Cedar Rapids, IA 52402
(319) 373-7845
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