$575,000
( $191.67Per Sq Foot )
 $3,087 est/mo Sourced by Back At You

3441-57 W 111 Street,Chicago, IL 60655

Chicago, IL 60655

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Description

IMMEDIATE CASH FLOW ON DAY 1 FROM THIS INCOME-PRODUCING ARM-CHAIR INVESTMENT EASY MONEY MAKING BUILDING. FULLY LEASED, INCOME-PRODUCING 3-UNIT COMMERCIAL STRIP CENTER IN MOUNT GREENWOOD! THIS PROPERTY DELIVERS STEADY CASH FLOW FROM ESTABLISHED, LONG-TERM BUSINESS TENANTS AND BENEFITS FROM EXCELLENT VISIBILITY AND STRONG LOCAL COMMERCIAL DEMAND. PARKING IS AVAILABLE ALONG THE EAST AND WEST SIDES AND ON 111TH STREET. TWO UNITS HAVE BEEN RECENTLY UPGRADED; THE THIRD HOUSES A CONTEMPORARY HAIR SALON AND A LONGTIME INSURANCE OFFICE TENANT (WITH ITS OWN A/C SYSTEM). ALL TENANTS ARE SUCCESSFUL, STABLE OPERATORS. KEY RECENT CAPITAL IMPROVEMENTS INCLUDE A ROOF REPLACED TWO YEARS AGO AND THREE OF THE FOUR SLEEVE A/C UNITS WERE INSTALLED IN 2024-2025 (INCLUDED). MONTHLY ASSOCIATION ASSESSMENT IS $815 AND COVERS EXTERIOR MAINTENANCE (ROOF, GUTTERS, BRICK, LANDSCAPING, AND SNOW REMOVAL), COMMON-AREA INTERIOR PLUMBING AND BOILER, AND HOT-WATER HEATER. ALL HOT-WATER TANKS WERE REPLACED APPROXIMATELY THREE YEARS AGO. THE MEDICAL SUITE INCLUDES THE 11101 S. ST. LOUIS ADDRESS AND FACES WEST. EVERY UNIT FEATURES A DOUBLE ENTRANCE AND IS DIVISIBLE, OFFERING FLEXIBILITY FOR FUTURE RECONFIGURATION. CALL TODAY FOR FINANCIALS AND TO SCHEDULE A TOUR OF THIS FULLY LEASED INCOME PRODUCER IN ONE OF CHICAGO'S MOST ACTIVE NEIGHBORHOOD COMMERCIAL CORRIDORS.

Details

MLS #12708859
Listing TypeFor Sale
StyleRetail/stores
Sub-TypeResale
StatusActive
Year1968
Days On Site48
Listing Provided ByColdwell Banker Realty | Charles Groebe

Features

SQ Feet3,000
Story(s)3
Units3
ZoningCOMMR
Acreage0.41

Interior

CoolingWall Sleeve

Exterior

RoofMembrane
Foundation DetailsConcrete Perimeter
Construction MaterialsBrick

Utilities

UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Available
ElectricService - 101 to 200 Amps

Taxes

Tax Year2024
Tax Annual Amount13732

Area Information

StateIL
CountyCook
CityChicago
Zip Code60655
AreaCHI Mount Greenwood
Listing VS Median (in 60655)
Price:
$575,000
low | high
Med:
$375,000
84.782608695652% of Average
sqft:
3,000
low | high
Med:
1,478
100% of Average
$ / sqft:
$192
low | high
Med:
$254
17.6236982997% of Average
On site:
48
low | high
Med:
34
100% of Average
Sourced by Back At You

Market Activity 60655

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Learn More About This Property

Daniel and Associates Real Estate

Daniel and Associates Real Estate

 (630) 231-8090daareoffice@daare.com
StateIL
CountyCook
CityChicago
Zip Code60655
AreaCHI Mount Greenwood
Listing VS Median (in 60655)
Price:
$575,000
low | high
Med:
$375,000
84.782608695652% of Average
sqft:
3,000
low | high
Med:
1,478
100% of Average
$ / sqft:
$192
low | high
Med:
$254
17.6236982997% of Average
On site:
48
low | high
Med:
34
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/4 mile)
Price: $431K - $718K
sqft: 2,000 - 3,500
Nearby Listings Property ImageNearby Listings Details
10933 S Eggleston Avenue Property Photo 1
$329,900
10933 S Eggleston Avenue
Chicago, IL 60628
Listing Updated: September 1, 2026 at 11:17:27 PM PDT
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