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2711 E 93rd Street Chicago, IL 60617

$319,000
New / MLS# 12675739 / Commercial - Retail / Chicago
0 Beds
2376 SqFt

Cash Flow King! Unique Opportunity in the Heart of South Chicago, Commercial 2-Unit with Endless Potential! Investors, take note! This commercial/residential hybrid is a rare find in the Chicago market, especially close to the new Quantum and Microelectronics Park, offering immediate income and massive value-add potential. Whether you're looking to build your portfolio or find a live-and-earn property, this 2-unit powerhouse is ready to perform. Unit 1 - Ground Floor Commercial Income. Currently fully rented and operating as a church, the first floor offers a sprawling, open-concept floor plan. With high visibility and its own half-bath, this versatile space is perfect for its current use or could easily transition into a retail storefront, professional studio, or office space in the future. Currently has 2 - half bathrooms. Unit 2: Spacious Residential Apartment. The second floor isn't just an apartment-it's a spacious, income-generating home. Value-Add Alert - Currently a massive 2-bedroom, 1-bath layout, there is dedicated space already in place to easily convert this into a 3-bedroom unit, instantly boosting your rental comps! Features include a bright living room and a massive eat-in kitchen that tenants will love. Extra Living Space- A heated back porch adds year-round square footage, making it a standout in the rental market. The Investor Specials - Dual Income Streams, Commercial and residential combined for maximum stability. Parking Perks- A 2-car garage (as-is) and plenty of street parking available-a high-demand asset in the city that can be rented separately for additional monthly cash flow. Turn-Key Ready - Currently rented out, so you can start seeing a return from day one. Whether you're looking to collect dual rent or move into the top floor while running your business below, this property is a rare find. Properties with this kind of versatility and growth potential don't stay on the market long.

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Baird & Warner Sue Kenealy Email

Property Details

Property Type: Commercial - Retail
Cooling: Central Air
Lot Size: 0.07 Acres
Roof Type: Rubber
Stories: 2.0
Taxes: $3,082

Feature Descriptions

Current Use: Commercial
Drains: Enclosed Porch
Electric: Separate Meters
Exterior: Brick
Fire Protection: Fire Extinguisher/s
Foundation: Concrete Perimeter
HVAC: Gas
Lot Dimensions: 25X125
Miscellaneous Outdoor: Enclosed Porch
Number of Tenant(s): 2
Parcel#: 26063200030000
Potential Use: Commercial, Office, Retail, Other
Tenant Pays: Air Conditioning, Electricity
Units: 2

Location

See details and scored characteristics about this location.

Listing Office: Exit Strategy Realty / EMA Management

Listing Office Phone: 312-767-0572



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