2458 West Peterson Avenue

Chicago, IL 60659

$1,800,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Nine apartments all of which are fully rented, five offices three of which are rented, one large hall that is used for parties or meetings as needed and two store front which are vacant at this time. Hall has two bathrooms and 10 parking spots that rented to the tenants, The potential for growth and value appreciation is significant for someone who has a vision. Prime location, walking distance to a variety of restaurants and retailers as well as a CTA bus stop.Nine apartments all of which are fully rented, five offices three of which are rented, one large hall that is used for parties or meetings as needed and two store front which are vacant at this time. Hall has two bathrooms and 10 parking spots that rented to the tenants, The potential for growth and value appreciation is significant for someone who has a vision. Prime location, walking distance to a variety of restaurants and retailers as well as a CTA bus stop.
  1. Listed by Jesse Singh • RE/MAX American Dream

Property Details for 2458 West Peterson Avenue

Area
CHI - West Ridge
Township
Jefferson
Zoning
MULTI

Location

Listing Courtesy of RE/MAX American Dream
Add your commute
LISTING UPDATED: 04/19/2024 07:01 AM

Property Details for 2458 West Peterson Avenue

StatusActive
MLS #12000125
Days on Market49
Taxes$32,105 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1974
Lot Size0.14 AC / 5,900 SF
CountyCook County

Location

Listing Courtesy of RE/MAX American Dream
Add your commute

Building Information for 2458 West Peterson Avenue

Stories-Residences10Year Built1974Lot Size0.14 AC / 5,900 SF

Payment Calculator

$12,499 per month

30 year fixed, 7.25% Interest

Principal and Interest

$9,823

Property Taxes

$2,675

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2458 West Peterson Avenue

General Information
Addtl Parking Information
  • Open Parking Spaces: 10.0
Location and General Information
  • Geographic Locale: Chicago North
  • Information: 24-Hr Notice Required,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Wall Sleeve
  • Electric: Circuit Breakers, Service - 201 to 600 Amps
  • Heat/Ventilation: Central Bldg Heat
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 10
Property/Lot Information
  • Tenant Pays: Electricity, Varies by Tenant
  • Built Before 1978: Yes
  • Approximate Age: 36-50 Years
  • Lot Dimensions: 50 X 118
  • Lot Size Square Feet: 5900.0
  • Stories: 3
  • Fire Protection: None
  • Building Area Total: 8000
  • # Of Offices: 5
  • # Of Stores: 2
  • Property Sub Type: Mixed Use
  • MRD_UNC: No
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 11
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 10
Income & Expenses
  • Electric Expense: $2,796.00
  • Fuel Expense: $1,891.00
  • Gross Income: $138,000.00
  • Gross Scheduled Income: $138,000.00
  • Insurance Expense: $3,264.00
  • Electric Expense Source: Owner Projection
  • Expense Year: 2023
  • Total Annual Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Insurance Expense Source: Owner Projection
  • Net Operating Income Year: 2023
  • Trash Expense Source: Owner Projection
  • Total Monthly Income: 9505
  • Water Expense Source: Owner Projection
  • Net Operating Income: $86,291.00
  • Operating Expense: $51,709.00
  • Other Expense: $.00
  • Trash Expense: $2,727.00
  • Water Sewer Expense: $8,926.00

Property History for 2458 West Peterson Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2458 West Peterson Avenue

Taxable ValueLand$10,605Additions$115,963Total$126,568
Tax Record2022$26,033 ($2,169 / month)
Home Facts
Total Finished SqFt5,100 SqFtAbove Grade Finished SqFt5,100 SqFtStories3Lot Size5,892 SqFtStyleStoresYear Built1974CountyCOOKAPN13-01-230-012

Schools near 2458 West Peterson Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - K to 8
Public - 9 to 12
Rating
School
Distance
Clinton Elementary School
PublicPK to 8

Mather High School
Public9 to 12

Stone Elementary Scholastic Academy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2458 West Peterson Avenue is a mixed use property for sale in Chicago, IL 60659. This property was listed for sale on March 8, 2024 by RE/MAX American Dream, it's currently listed at $1,800,000. This listing's school district is City Of Chicago School District 299. Nearby schools include Clinton Elementary School, Mather High School and Stone Elementary Scholastic Academy. 2458 West Peterson Avenue is a 0-bed, 0-bath, mixed use property built in 1974.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX American Dream

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.