3540 W Peterson Avenue Chicago, IL ^$ 399,770

3540 W Peterson Avenue

^$ 399,770

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3540 W Peterson Avenue

Chicago, IL, 60659

^$ 399,770

Studio Baths0.0 Sq 4,000

Monthly Estimate*

^$ 2,657

3540 W Peterson Avenue, Chicago, IL 60659 - Image 1

Studio

Commercial Property for sale in Chicago, IL

for $399,770. This 4,000 square foot building was built in 1958 on a lot size of 0.114784.

1 story, 4,000 square foot office building situated on a 5,214 Square Foot = 2,708 + 2,506 = 5,214 Sq. Ft. 50 X 100 lot. Building was purchased by a non-profit entity to tear down and build a new building. Plans changed. Ownership also owns the adjacent building just West of subject property at 3550 W. Peterson that's 157.6 X 100. These two properties can be combined for a large new development on a 207.6 X 100 foot lot. The existing building is vacant and needs quite a bit of work. Seller will only sell both buildings together.

Commercial Active

Price

^$ 399,770

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 2,022

Style

Commercial

Lot Size

0.114784

Year Built

1958

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11976492

Features

General

Cooling Central Air

Utilities Electric to Site Gas to Site Water-Municipal

Zoning COMMR

Construction Materials Brick

Year Built 1958

Electric Circuit Breakers

Stories 1

Township Jefferson

Property SubType Office

Tax Year 2022

Current Use Commercial

Gross Income 0

County Cook

Net Operating Income 0

Operating Expense 5000

Property Type Commercial Sale Office/Tech

Status Active

Directions Kimball to Peterson. Peterson to property. One building off the corner of Central Park

City Chicago

NumberOfUnitsTotal 2

MLS Area CHI - North Park

Lot Size Square Feet 5000

Street Name Peterson

Tax Annual Amount 2022

Additional Parcels Y/N Y

Leasable Area 4000

Days on Market 13

Lease Type Gross

Standard Status Active

Interior

Flooring Carpet

Street Suffix Avenue

Exterior

Building Area Total 4000

Lot Dimensions 50X100

Frontage Type City Street

Exterior Brick

* Excluded Features

List By

Crown Heights Realty

Broker

andrew@chrchicago.com

Affordability Calculator

$2,825

Per Month

Monthly Principal & Interest: $2,657
Monthly Property Taxes: $169
Monthly Home Insurance: --

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Yearly 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

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$844,965

Percent of Sale Price 111%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
2/7/2024	$399,770		Listed Price

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3540 W Peterson Avenue, Chicago, IL, 60659 is a Commercial Property for sale at $399,770 with 4,000 sqft and a lot size of 0.114784. 3540 W Peterson Avenue is a studio with 0.0 baths and was built in 1958. The property's zip code is 60659 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 6/5/2024.

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3540 W Peterson Avenue

Commercial Property for sale in Chicago, IL

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