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7259 W Irving Park Road
Chicago IL 60634 US

$499,900

Active Listing ID 12292141
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$499,900

Active Listing ID 12292141
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7259 W Irving Park Road 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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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other
  • Features
  • Cooling System: Exhaust Fan (Cooling), Multi Units, Window Unit(s)
  • Roof Type: Rubber

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 499900
  • unparsedaddress: 7259 W Irving Park Road
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60634
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Acres
  • livingarea: 3000
  • livingareaunits: Square Feet
  • listagentfullname: Matthew Mika
  • listagentemail: matt.mika@compass.com
  • listagentkey: 3yd-MREDIL-153079
  • listagentmlsid: 153079
  • listagentpreferredphone: 7734061792
  • listagentofficephone: 3123191168
  • listofficekey: 3yd-MREDIL-87291
  • listagentstatelicense: 471001481
  • listofficemlsid: 87291
  • disclaimer: Copyright © 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • listingcontractdate: 2025-02-17
  • listagenturl: https://www.compass.com/
  • countyorparish: Cook
  • parcelnumber: 12242070010000
  • cooling: Exhaust Fan (Cooling), Multi Units, Window Unit(s)
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • roof: Rubber
  • waterfrontyn: False
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Compass", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"matt.mika@compass.com", "ListBrokerageCity":"Chicago", "ListBrokerageCountry":"US", "ListBrokerageEmail":null, "ListBrokerageLogoUrl":null, "ListBrokerageName":"Compass", "ListBrokeragePhone":null, "ListBrokeragePostalCode":"60657", "ListBrokerageStateOrProvince":"IL", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"3033 N Clark St", "ListBrokerageWebsiteUrl":"https://www.compass.com/", "ListOfficeAddress1":"2350 N. Lincoln Ave", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"113108", "ListOfficeCity":"Chicago", "ListOfficeCountry":"US", "ListOfficeEmail":null, "ListOfficePostalCode":"60614", "ListOfficeStateOrProvince":"IL", "ListPriceCurrencyType":"USD", "ListingTitle":"Business Opportunity - Chicago, IL", "ListingURL":"https://listings.listhub.net/pages/MREDIL/12292141/?channel=rexren", "MLSModificationTimestamp":"2025-03-11T08:52:02Z", "Neighborhoods":[{"Description":null, "Name":"CHI - Dunning"}], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Business Opportunity", "RoomCount":null, "StateOrProvince":null, "Taxes":[{"TaxAnnualAmount":16341, "TaxDescription":null, "TaxYear":"2023"}], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 5/8/2025 3:37:24 PM GMT
Source Updated Date: 5/17/2025 6:58:24 AM GMT

Courtesy of: Matthew Mika, Compass, matt.mika@compass.com

Copyright 漏 2025 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.