4126 26th Street, Chicago

$359,900

0 Beds
0 Baths
3,500 Sqft
0 Acres
0 Garages

Great opportunity to acquire this Mixed-Use, Commercial building, with retail storefront use on the lower level as a full service restaurant and residential purposes within the upper 2 levels. The retail storefront provides for an ample-size restaurant business (known as Lalo's Restaurant) and the residential feature is composed of two apartment units: 2nd floor a full size, large 2-bedroom apartment, and 3rd floor also a large 2-bedroom apartment. The B3-2 zoning B3-2 provides allowance for a "Community Shopping" district, in a street which provides an Average Daily Traffic (ADT) of 18,400 vehicles and a Floor Area Ratio (FAR) of 2.2. This building is perfectly placed in the west side of what is considered as Chicago's "Other Magnificent Mile" - the second-highest grossing shopping district in Chicago. At most recent counts, this two-mile stretch on 26th St. brings in $900MM of annual revenue to the city; second only to the Magnificent Mile along Michigan Ave.

Essential Information
MLS® #10330429
Price$359,900
Square Footage3,500
Acres0.00
Year Built1906
TypeCommercial
Sub-TypeMixed Use
StatusPrice Change
Community Information
Address4126 26th Street
AreaCHI - South Lawndale
CityChicago
CountyCook
StateIL
Zip Code60623
Interior
HeatingForced Air, Gas
# of Stories1
Stories3
Cooling

Central Individual, Partial, Window Unit/s

Exterior
ExteriorBrick
ConstructionBrick
FoundationConcrete
Additional Information
ZoningCOMMR
Listing Details
Officed'aprile properties
Property History
Status Changed from Active to Price ChangePrice Reduced from $399,900 to $359,900
Status Changed from New to Active
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Listing information last updated on September 22nd, 2019 at 3:35am CDT.

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