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Active - Mixed Use for sale

Chicago, IL

Facts & features

Mixed Use Property type
1926 Year built
3,125 sqft Lot size

Why you’ll love it

Incredible opportunity to own a fully renovated mixed-use building along Gage Park's high-traffic 59th Street corridor, benefiting from over 13,000 vehicles daily, just steps from Western Avenue with 29,000+ vehicles per day. Gut rehabbed in 2025, including new roof, electrical, plumbing, storefront, flooring, kitchen, baths, and more. The first floor features approximately 1,100 sq ft of commercial space with 10 foot ceilings, an open and versatile layout, private restroom, and access to a full basement with exterior access - ideal for storage or additional operational use. The second floor offers a spacious 2-bedroom residential unit with a large living area and an expansive kitchen/dining combo. Generously sized rooms and ample closet space offer comfortable living or strong rental potential. Additional highlights include 200 amp electrical service, a secured 8 car parking pad, and a flexible layout suitable for a variety of business uses. Perfect for an owner-occupant looking to live above their business or an investor seeking a turnkey property in a prime location. FHA Eligible

Translating description...

Listings courtesy of Realty of America, LLC as distributed by MLS GRID.

Listed by: Margaret Schmidt • Realty of America, LLC

Co-listed by: Realty of America, LLC

Source: MRED as distributed by MLS GRID, MLS#: 12796803 MRED as distributed by MLS GRID logo

Based on info available as of Nov 13, 2026 at 7:32 PM EST.

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Affordability

$260,000$540,000
1%20%
0%90%
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Estimated monthly payment

$2,371/mo

  • Mortgage$2,022
  • Property tax$349
  • HOA fee
  • Homeowners insurance
Due at closing$317,921
Down payment held in escrow$79,980
Closing costs$5,999
beycome credit Est.$7,998

Beycome estimates only. Actual amounts and terms vary by lender and location.

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About Chicago

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Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

Midwest Real Estate Data (MRED) All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) 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 Midwest Real Estate Data 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 All rights reserved. Based on information submitted to the MLS GRID as of Nov 13, 2026 at 07:32pm EST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

$399,900 Listed price

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$7,998 Credit back

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