2745 N Harlem Avenue $565,000


    2745 N Harlem Avenue Chicago-Montclare, IL 60707

    • 3,300 sq. ft.
    • Commercial
    • MLS# 11446826
    Favorite Share
    Views: 3 Days On Site: 93

    Go Tour This Listing

    Schedule A Showing

    Property Details

    Low maintenance and cash flowing this two unit strip mall on busy Harlem and Diversey intersection is a great opportunity to invest. The building has over 3,300 sq/ft of leasable space and is currently fully leased by two amazing and profitable businesses. The building has 20 parking spaces, alley access and over 23,000 cars passing by per day on Harlem Ave. The tenants include a travel agency/shipping/phone store and an established smoke shop. The current rent is $4,975 per month with yearly increases. The building's roof is in great shape, no basement to worry about and cinder/brick construction.

    • General Features
      • Additional Parcels Y/N Yes
      • Area CHI - Montclare
      • County Or Parish Cook
      • Electric Expense 1500
      • Fuel Expense 0
      • Gross Income 59700
      • Gross Scheduled Income 59700
      • Leasable Area 3300
      • Net Operating Income 36230
      • Number Of Units Total 2
      • Operating Expense 23370
      • Tax Annual Amount 17470
      • Tax Year 2020
      • Township Jefferson
      • Year Built 1967
      • Zoning COMMR
    • Building Features
      • Building Area Total 3300
      • Construction Materials Concrete,Block,Steel Siding
      • Cooling Central Air
      • Electric Circuit Breakers
      • Flooring Carpet,Concrete
      • Foundation Details Concrete Perimeter
      • Roof Rubber
      • Stories 1
    • Property Features
      • Lot Size Dimensions 75X125
      • Lot Size Square Feet 9375
      • Parcel Number 13303000040000
      • Parking Total 20



    60707 (Chicago-Montclare) Demographics

    40 Median Age
    11,762 Population Density (per sq. mile)
    36% College Educated
    $64,790 Estimated Median Income
    9,831 Estimated Total Home Owners
    5,659 Estimated Total Renters
    63% / 37% Estimated Owner / Renter Divide
    3 Estimated Average Household Size
    42,434 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $340,000 Median Sales Price
    30 Homes Sold
    62 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $565,000
        8/8/2022 12:17:55 AM Status Changed Source: Multiple Listing Service New Value: Active
        8/2/2022 3:17:26 PM Price Reduced Source: Multiple Listing Service New Value: $565,000 -2.42%
        8/2/2022 3:17:26 PM Status Changed Source: Multiple Listing Service New Value: Price Change
        7/1/2022 12:17:45 AM Status Changed Source: Multiple Listing Service New Value: Active
        6/25/2022 10:48:00 AM New in Database Source: Multiple Listing Service New Value: $579,000

        Payment Calculator

        $0 per month
        Year Fixed, Interest
        Principal and Interest
        Property Taxes
        Homeowners' Insurance

        Home Price
        Down Payment
        * This payment calculator is intended for educational and planning purposes only.
        ** Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        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 Berkshire Hathaway HomeServices Chicago 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. © 2022 Midwest Real Estate Data LLC. All rights reserved. Information Deemed Reliable but Not Guaranteed. Listing information from this property search is provided exclusively 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. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Based on information submitted to the MRED as of 9/26/2022 3:18:59 PM. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
        The Digital Millennium Copyright Act of 1998, 17 U.S.C. § 512 (the “DMCA”) provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. If you believe in good faith that any content or material made available in connection with our website or services infringes your copyright, you (or your agent) may send us a notice requesting that the content or material be removed, or access to it blocked. Notices must be sent in writing by email to DMCAnotice@theMLSGRID.com.
        The DMCA requires that your notice of alleged copyright infringement include the following information: (1) description of the copyrighted work that is the subject of claimed infringement; (2) description of the alleged infringing content and information sufficient to permit us to locate the content; (3) contact information for you, including your address, telephone number and email address; (4) a statement by you that you have a good faith belief that the content in the manner complained of is not authorized by the copyright owner, or its agent, or by the operation of any law; (5) a statement by you, signed under penalty of perjury, that the information in the notification is accurate and that you have the authority to enforce the copyrights that are claimed to be infringed; and (6) a physical or electronic signature of the copyright owner or a person authorized to act on the copyright owner’s behalf. Failure to include all of the above information may result in the delay of the processing of your complaint.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.