Under contract

Contingent

2414 S Wentworth Avenue

Chicago IL, 60616

$2,200,000


$335.88 per sqft

Under contract

Contingent

6,550 sqft

Other

Built in 1977

Courtesy of Mango Realty Group

Seize this rare and exceptional opportunity to own a meticulously maintained 3-story commercial-residential mixed-use building, ideally situated in the heart of vibrant Chinatown. Built just 47 years ago, this property combines modern appeal with prime location. The first and second floors, along with the basement, are currently leased to a well-established, featuring multiple private dining rooms on the second floor, ensuring strong rental income potential. The third floor features two residential units, both currently rented below market value, presenting an excellent opportunity for increased rental income. The front unit consists of 2 bedrooms, 1 den, and 2 bathrooms, and has been recently upgraded with new flooring, a new stove, a new refrigerator, and fresh paint. The rear unit includes 2 bedrooms and 1 bathroom. Both units are outfitted with central heating and cooling systems, ensuring year-round comfort. Additionally, the building's roof was replaced six years ago, offering long-term durability and peace of mind for the future owner. Positioned in a highly desirable location with immediate access to popular shops, renowned restaurants, and public transportation, this property is a prime investment opportunity. Chinatown continues to thrive, making this an unmatched chance to capitalize on its growth and energy. Don't miss out on owning a premium piece of real estate in one of the city's most sought-after areas. This is a must-see property for investors or buyers looking for strong returns and long-term value. Contact us today to schedule a viewing and secure this outstanding investment!

12164307

MLS ID

October 7, 2024

Listed

November 26, 2024

Updated

Map

2414 S Wentworth Avenue
Chicago IL, 60616

Interior Features

Total Stories

3


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.06 Acres

Other Property Details

Area Name

CHI - Armour Square


Taxes

$15,791


Tax Frequency

Annually


Days on Market

51


Garage

No


View

No


County

Cook


Municipality

South Chicago


Pool

No


Zoning

COMMR

Listing History

Date

Event

Price

11/26/2024

Under contract

Courtesy of Mango Realty Group, ManChing Ng,
Listing Contact: 773-886-0660 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than Century 21 SGR are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 11/26/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and 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. IDX information 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. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 5:42 PM UTC, 11/26/2024

 

 

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