Address
2945 W Harrison Street, Chicago, IL
Price
$ 1,199,000
Property Attributes
- MLS#12169654
- TypeIndustrial
- Listing Status Active
- CountyCOOK
- CityChicago
- AreaCHI - East Garfield Park
- NeighborhoodGarfield Park
- Zip60612
- StyleCommercial,Office
- Year Built1927
- Taxes$ 41132
- Price$ 1,199,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage11900
- Lot Size0.226699 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Commercial Mixed-Use Investment Property with Multiple Income Stream Potential Don't miss this rare opportunity to acquire a fully renovated commercial mixed-use space, with active rental income, and additional leasable space currently available. The property has undergone extensive interior and exterior updates in the last 5 years, and stands alone its' class on the market. Key Features: Fully Rehabbed Warehouse: Updated and ready for business, ensuring minimal maintenance costs. Existing Tenant: One lessee currently occupying 1 of 3 rentable spaces, providing immediate rental income. Additional Leasable Space: With extra square footage still available for lease, you have ample opportunity to cash flow by securing additional tenants. This property is a unique investment for businesses and investors alike to capitalize on multiple income streams in a prime location. Whether you're an experienced investor or looking for your first commercial property, this is an excellent chance to secure a profitable asset.
| Price History | |
|---|---|
| 1/15/2025 | Listed $1,400,000 |
| 4/14/2026 | 15$1,199,000 |
General Features
| Cooling | Central Air |
|---|---|
| Possession | Closing |
| Roof | Rubber |
| Zoning | COMMR |
| Construction Materials | Brick,Block |
| Year Built | 1927 |
| Electric | Service - 201 to 600 Amps |
| Tenant Pays | Electricity,Heat |
| Stories Count | 2 |
| Tax Year | 2023 |
| Current Use | Commercial,Office,Other |
| Gross Income | 249235 |
| County | Cook |
| Net Operating Income | 39301 |
| Operating Expense | 15738 |
| Property Type | Commercial Sale |
| Possible Use | Commercial,Industrial,Office,Retail,Other |
| Status | Active |
| Directions | South of I-290,East Sacramento Blvd,North Flournoy St,West Francisco Ave |
| City | Chicago |
| Number Of Units Total | 3 |
| MLS Area | CHI - East Garfield Park |
| Lot Size Square Feet | 9875 |
| Tax Annual Amount | 41132.8 |
| Additional Parcels Y/N | No |
| Leasable Area | 11900 |
| Lease Type | Net |
| Standard Status | Active |
| Property Type | Industrial |
| Total Actual Rent | 4950 |
| Cap Rate | 7.1 |
Interior Features
| Flooring | Concrete,Tile |
|---|
Exterior Features
| Water Source | Municipal Water |
|---|---|
| Foundation Details | Concrete Perimeter |
| Building Area Total | 11900 |
| Lot Dimensions | 9875 |
| Frontage Type | City Street |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Industrial Average in 60612
Price
Taxes
Year Built
Visits
REALTORS® Wisconsin Real Estate Exchange (WIREX). All information deemed reliable but not guaranteed. Information is supplied by seller and other third parties and has not been verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s), nor Cove Realty, LLC - WI, nor WIREX MLS shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of the Multiple Listing Service. Real estate listings held by brokerage firms other than Cove Realty, LLC - WI may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. Copyright ©2026 Wisconsin Real Estate Exchange (WIREX) MLS, Inc. All rights reserved. Last Updated: September 28, 2026 5:36 PM UTC
