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    7259 W Irving Park Road Chicago, IL $ 499,900
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    $ 499,900 Get more info
    7259 W Irving Park Road
    $ 499,900
    Back to search
    Share Save

    7259 W Irving Park Road

    Chicago, IL, 60634
    $ 499,900
    Bedrooms-- Baths-- Sq 3,000

    Monthly Estimate*

    $ 3,322

    7259 W Irving Park Road, Chicago, IL 60634 - Image 1

    Commercial Property for sale in Chicago, IL

    for $499,900. This 3,000 square foot building was built on a lot size of 0.235675.

    Business is NOT included in the offering. Current tenant has a lease through December 31, 2030 with a FIVE year option. Strictly property investment only unless purchaser can negotiate with the tenant to end lease. Seller will NOT entertain any offers subject to possession nor negotiating with tenant. PLEASE DO NOT DISTURB TENANT AT ALL. Any personal/business property is not included with the sale. Current rent is $5600 with gradual increases to $5800 in 2030. and increases during option period. Currently $67,200 gross rent less taxes and insurance approximately $48,000. net income or 9.6% return cash on cash. Owner claims tenant is solid and has not been delinquent on rent payments. Future development right across the street from Harlem/Iring shopping plaza. Again - PLEASE DO NOT DISTURB TENANT. Drive by showing only at this time. Survey in additional info. Any questions regarding this listing please contact Norbert Mika - Text or email preferred.

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    Commercial Active

    Price

    $ 499,900

    Property Type

    Commercial

    Taxes

    $ 16,341

    Style

    Auto Service

    Lot Size

    0.235675

    Town/City

    Chicago

    County/Region

    Cook

    MLS | Web ID

    12292141
    Features
    General
    Cooling Exhaust Fan Window Unit(s)
    Utilities Natural Gas Available Water Available
    Possession Tenant's Rights
    Roof Rubber
    Zoning COMMR
    Construction Materials Brick Concrete
    Tenant Pays Common Area Maintenance Electricity Heat Insurance Repairs Scavenger Sewer
    Stories 1
    Tax Year 2023
    Business Type Auto Service
    County Cook
    Operating Expense 0
    Property Type Business Opportunity Bus / Bus w/Real Est
    Possible Use Commercial Multi-Family Retail
    Status Active
    Directions Irving Park West of Harlem
    City Chicago
    MLS Area CHI - Dunning
    Lot Size Square Feet 10266
    Waterfront Y/N N
    Tax Annual Amount 16341
    Additional Parcels Y/N N
    Lease Type Modified Gross
    Standard Status Active
    Exterior
    Building Area Total 3000
    Lot Dimensions 83X125X62X25X112
    Frontage Type City Street
    * Excluded Features
    List By
    Compass

    Broker

    matt.mika@compass.com

    Email

    Affordability Calculator

    $4,684
    Per Month
    71%
    29%
    0%
    Monthly Principal & Interest
    $3,322
    Monthly Property Taxes
    $1,362
    Monthly Home Insurance
    --
    Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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    Nearby
    565567 Elementary School
    567955 Middle School
    Unknown High School High School
    See complete school information
    Pricing History
    DatePricePrice ChangeDescription
    3/8/2025$499,900 -9.11% Price Down
    2/17/2025$550,000 Listed Price

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    7259 W Irving Park Road, Chicago, IL, 60634 is a Commercial Property for sale at $499,900 with 3,000 sqft and a lot size of 0.235675. The property's zip code is 60634 which is in Chicago, IL

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