Remarks

Discover vibrant Humboldt Park currently experiencing rapid gentrification. This iconic property, home to the Puerto Rican Cultural Center, is eagerly sought after by 'gig' workers and artists looking for sleek, modern and flexible live-work space to inspire their creative spirit. Extensively rehabbed in 2018, this fully-rented 6-unit, 14,750sf mixed-use building features 'open- concept' apartments and 2 retail spaces: (2) 3 bdrm - 2 bath units approximately 1900sf and (2) 1 bdrm - 1 bath units approximately 1600sf, a 3600sf theater space (now the Side Quest Social Club) and a 1600sf retail space (The Puerto Rican Cultural Center) Plus a 6-7 car gated parking pad with a security gate. The parcel enjoys 3 lots of record - 72' of frontage on North Ave and includes a one- story 1250sf "annex" building: 3411-A West North Ave, which is incorporated into the theater space. Each apartment boasts modern amenities, including newer kitchens with dishwashers, in-unit washers/dryers, separate HVAC and water heaters, 10'+ ceilings and engineered flooring. The building has all new mechanical systems including windows, plumbing, electric, roof, sewers, waterproofing and tuckpointing, Invest in this turn-key operation and enjoy the appreciation of an emerging area.

Details

MLS#: 12087257
Price: $1,800,000

Style: Apts/Stores
Sq Ft: 14750
Year Built: 1917

County: Cook
Lot Size: 72X120
Tax Fee: 33845