2717 W PETERSON AVE
CHICAGO, IL 60659

$730,000

N/A Beds

0 Baths

6,200 Sq Ft

Status Active

MLS# 12050370

MEGA OPEN JUNE 8. FROM 1-4 PM. Overall, this mixed-use building in Arcadia Terrace offers a blend of modern comforts, historic charm, and potential for both residential and commercial use, making it a desirable investment opportunity in the vibrant Chicago real estate market. Modernized Living: 3rd floor unit boasts contemporary updates with 2 bedrooms and 1 1/2 baths. The renovations include new plumbing, electricals, drywall, paint, in-unit washer and dryer and all new appliances, ensuring a comfortable and convenient lifestyle for residents with central a/c, gas forced heat. Spacious and Versatile: The 2nd floor unit offers ample space with 3 bedrooms and 1 1/2 baths, complemented by an outdoor area adjacent to the dining space. This outdoor retreat adds a touch of tranquility to urban living. Historic Charm with Potential: The 1st floor, formerly a beloved restaurant that operated for 45 years, holds nostalgic charm and presents an exciting opportunity for a new venture. Its full basement offers versatility for various business endeavors. Enhanced Structural Integrity: Recent updates in 2021 include a new roof on the building, as well as renovations to the 2nd-floor porch and garage. Reinforced floor and new carpet on 1st floor. Some Tuckpointing on both the building and garage ensures structural integrity and longevity. The newly installed lentil on the second floor adds architectural interest and durability. Energy-Efficient Features: The installation of thermal windows on the second floor enhances energy efficiency and promotes sustainability, contributing to lower utility costs for residents. Convenient Parking: A spacious 2 and 1/2 car brick garage provides ample parking space, a coveted feature in urban settings like West Rogers Park Arcadia Terrace. Zoning B3-2 AGENT AND BUYER TO VERIFY ALL LISTING INFORMATION. THANK YOU FOR SHOWING. SOLD AS IS.. ,Building will not pass FHA self-sufficiency test

Details for 2717 W PETERSON AVE

Built in 1930

$118 / Sq Ft

Central Air,Central Individual,Partial,Wall Sleeve

12 Days on website

0.07 acres lot

Interior

Flooring

Varies

Living Area

6,200 SqFt.

Building And Construction

Number Of Units Total

Property Sub Type

Commercial

Property Type

Commercial

Year Built

1930

Exterior And Lot

Lot Size Acres

0.07

Lot Size Square Feet

3125

Utilities

Cooling

Central Air, Central Individual, Partial, Wall Sleeve

Area And Schools

City

Chicago

County Or Parish

Cook

Financial Info

Buyer Agency Compensation^*

As A Percentage Of The Net Sale Price. The Net Sale Price Is The Gross Sale Price Minus Amounts To Be Credited Or Paid To The Buyer, As Reflected In The Initial Sales Contract.

^*The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Tax Annual Amount

$5,051.00

Tax Year

2022

Price per square foot and days on website are not provided values and are calculated by RE/MAX.

Listing Office

Re/Max United, 847-215-5555

Updated

7:35am UTC- 5/20/2024

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