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3441-57 W 111th Street

$575,000

3441-57 w. 111th street, Chicago, IL 60655

Pending
Last Updated: 08/16/2026

3,000 sqft

Building Size

20,000 sqft

Lot Area

Details:
Building Size:    3,000 sqft
Lot Area:    20,000 sqft
Units:    3
Year Built:    1968
Floors:    1
Parking Spots:    6
Highlights:
  • Lot Dimension: 150x120
  • Ground Level: true
  • Max Contiguous Area: 0.0
  • Age: Over 50 Years Old
  • Lot Size: Under 1/2 Acre
  • Sewer: City
  • Water: City Water
Description:

Immediate Cash Flow On Day 1 From This Income Producing Arm Chair Investment Easy Money Making Building. Fully Leased, Income Producing 3 Unit Commercial Strip Center In Mount Greenwood! This Property Delivers Steady Cash Flow From Established, Long Term Business Tenants And Benefits From Excellent Visibility And Strong Local Commercial Demand. Parking Is Available Along The East And West Sides And On 111 Th Street. Two Units Have Been Recently Upgraded; The Third Houses A Contemporary Hair Salon And A Longtime Insurance Office Tenant (With Its Own A/C System). All Tenants Are Successful, Stable Operators. Key Recent Capital Improvements Include A Roof Replaced Two Years Ago And Three Of The Four Sleeve A/C Units Were Installed In 2024 2025 (Included). Monthly Association Assessment Is $815 And Covers Exterior Maintenance (Roof, Gutters, Brick, Landscaping, And Snow Removal), Common Area Interior Plumbing And Boiler, And Hot Water Heater. All Hot Water Tanks Were Replaced Approximately Three Years Ago. The Medical Suite Includes The 11101 S. St. Louis Address And Faces West. Every Unit Features A Double Entrance And Is Divisible, Offering Flexibility For Future Reconfiguration. Call Today For Financials And To Schedule A Tour Of This Fully Leased Income Producer In One Of Chicago's Most Active Neighborhood Commercial Corridors.


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Listing ID: ab7a2666-74d7-4409-9fbe-a82c68ff314a
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