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Illinois
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60646
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Gladstone Park
5742 N Milwaukee Ave - 5742 N Milwaukee Ave, Chicago, IL 60646
For Sale
For Sale
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Year Built
1920
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Overview
Attention investors, rehabbers, handymen, & business owners! Own a piece of Jefferson Park history! The ground floor commercial space consists of 2 retail storefronts that were combined into 1 huge space that housed the beloved Gladstone Park Bakery. The commercial space is roughly 4,200 sq ft & includes 2 half bathrooms. Lots of storage space in the unfinished basement. The second level features 2 apartments: a 3 bed/1 bath unit & a 2 bed/1 bath unit. Lots of income opportunity! Cap rate is approximately 8.7% Ideal location! Perfect time to buy in hot Jefferson Park area. See virtual 3D tour in the link provided.
Property Details
Attention investors, rehabbers, handymen, & business owners! Own a piece of Jefferson Park history! The ground floor commercial space consists of 2 retail storefronts that were combined into 1 huge space that housed the beloved Gladstone Park Bakery. The commercial space is roughly 4,200 sq ft & includes 2 half bathrooms. Lots of storage space in the unfinished basement. The second level features 2 apartments: a 3 bed/1 bath unit & a 2 bed/1 bath unit. Lots of income opportunity! Cap rate is approximately 8.7% Ideal location! Perfect time to buy in hot Jefferson Park area. See virtual 3D tour in the link provided.
- Property TypeOffice/Retail Mixed
- Submarket
- Year Built1920
- Sale Price$449,000
- Number of Floors0
- Property ID2035898