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222 E 61st Street Chicago, IL 60637 • Commercial - Retail • New

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  • 222 E 61st Street , Chicago, IL 60637 Main Photo

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Description

BRING YOUR VISION! An exceptional opportunity to acquire over 11,000 square feet of versatile space across two levels on Chicago's South Side. Formerly operated as a child care facility for approximately 25 years, the property is now completely vacant and ready for its next chapter. Brand new Water Heater, New drywall, HVAC system is 5 years old, new plumbing. The existing layout includes 8 spacious rooms, 8 bathrooms, 2 private offices, a full kitchen, laundry area, and substantial storage and utility space. The property also features a fully fenced outdoor yard/playground area and 7 off-street parking spaces-a major advantage for employees, clients, students, or visitors. While the existing buildout remains well suited for a daycare or educational facility, the size and layout open the door to a wide variety of possibilities. Consider salon or beauty suites, professional or medical offices, nonprofit or community organization space, training or educational facilities, wellness services, residential conversion, or a completely new concept. Bring your architect, contractor, and ideas and transform the property to fit your vision, subject to zoning and City approval. ****Can be purchased with architecture plans for Salon suites for an additional $15K**** With more than 11,000 square feet, multiple bathrooms, private offices, outdoor space, and dedicated parking, this is a unique opportunity for an owner-user, investor, developer, or organization looking for substantial space and flexibility. Property is VACANT and ready to show. All furniture, equipment, and personal property depicted in previous listing photos have been removed and are NOT included in the sale. Schedule your private tour and explore the possibilities at 222 E 61st St.

Property Highlights

Property Type: Commercial - Retail
Building Description: 2.0 stories
Year Built: 1930

General Information

County: Cook
Listed By:
eXp Realty 888-574-9405
MRED MLS
$700,000
Est. $5,046/mo
New to the Market New
SQUARE FEET6,869 MLS#12783146
STATUSNew PROPERTY TYPECommercial - Retail

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222 E 61st Street , Chicago, IL 60637.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $700,000$700,000$700,000
Down Payment $140,000$24,500$175,000
Monthly Mortgage Amount $3,868$4,689$4,646
Taxes $974$974$974
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$308$0
Monthly Estimated Total $5,046$6,175$5,824

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