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3602 W 16th Street

Chicago, IL 60623
  • $639,999
  • STATUS: Active
  • ON SITE: 73 Days
  • MLS #: 12522997
$639,999
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1911
County:
Area:

School Ratings & Info

Description

Well-maintained mixed-use investment opportunity in North Lawndale! This property features a fully operational restaurant on the main level and three residential units above. Two of the three 2-bedroom units are currently occupied, generating income from day one, with the third ready for lease or updates as needed. The building offers solid interior and exterior condition, functional systems, and a layout ideal for long-term rental or portfolio expansion. Conveniently located near neighborhood amenities, transit, and local business corridors. Property is being sold with tenants' rights respected.

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© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2026-02-05T20:29:14.867 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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3602 W 16th Street Chicago, IL 60623

  • Price: $639,999
  • Status: Active
  • On Site: 73 Days
  • MLS #: 12522997
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1911
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
Well-maintained mixed-use investment opportunity in North Lawndale! This property features a fully operational restaurant on the main level and three residential units above. Two of the three 2-bedroom units are currently occupied, generating income from day one, with the third ready for lease or updates as needed. The building offers solid interior and exterior condition, functional systems, and a layout ideal for long-term rental or portfolio expansion. Conveniently located near neighborhood amenities, transit, and local business corridors. Property is being sold with tenants' rights respected.
Exterior Features

Frontage Type City Street Roof Tar/Gravel

Interior Features

Cooling None Heat Ventilation Forced Air

Property Features

Additional Parcels YN No Approximate Age Older Building Area Total 3726 Built Before1978 YN Yes Electric Circuit Breakers Fire Protection Smoke or Fire Protectors Geographic Locale Chicago West Gross Income 43200 Gross Scheduled Income 43200 Insurance Expense 497 Location Mixed Use Area Mls Actual Status Active Possible Use Commercial Property Sub Type Mixed Use Rental Price 0 Tax Annual Amount 4436.32 Tax Year 2024 Tenant Pays All Utilities Total Monthly Income 2400 Township West Chicago Type Mixed Use

Listing information © 2026 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 708-424-4000.


© 2026 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or RE/MAX IMPACT. Based on information submitted to the MRED as of 2026-02-05T20:29:14.867 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED 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. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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