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2016 W Concord Place Chicago, IL 60647 Commercial - Business New

New - 6 Hours Ago
  • 2016 W Concord Place, Chicago, IL 60647 Main Photo

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Description

Newly Updated! An exceptional opportunity for investors or owner-users to acquire a well-maintained mixed-use building in one of Chicago's most sought-after neighborhoods. This two-unit property offers the ideal blend of residential income and commercial presence, all in the heart of vibrant Bucktown with tons of updates. The upper-level residential unit features a modern 3-bedroom (room to build out 4th), 2-bath layout with high ceilings, contemporary finishes, and an open, airy feel. Currently vacant! An attached two-car garage adds significant value and convenience-an increasingly rare find in the area. The first-floor commercial space is home to an established hair salon, offering excellent street visibility and foot traffic in a prime Bucktown location surrounded by boutiques, dining, and residential density. The building has been thoughtfully maintained, making it a turnkey option for those seeking a low-maintenance investment or a live/work scenario in a premier neighborhood. Whether you're looking to diversify your portfolio or secure a property with built-in income streams, this mixed-use Bucktown asset checks all the boxes.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1994

General Information

County: Cook
Listed By:
Compass 773-466-7150
MRED MLS
$1,049,000
Est. $8,247/mo
New to the Market New
SQUARE FEET3,062 MLS#12656504
STATUSNew PROPERTY TYPECommercial - Business

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2016 W Concord Place, Chicago, IL 60647.

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Loan Type FHA 30 Year Fixed15 Year FixedVA 30 year fixed
Purchase Price $1,049,000$1,049,000$1,049,000
Down Payment $36,715$262,250$0
Monthly Mortgage Amount $6,258$6,481$6,598
Taxes $1460$1460$1460
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $629$0$0
Monthly Estimated Total $8,653$8,247$8,364

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