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$619,000
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Property Description
Great opportunity to grab this rarely available well kept mixed use building in Dunning at $110/sqft. The building is a true mixed use with three leased apartment units ((2) 2 bedroom, 1 bath & (1) 1 bedroom, 1 bath) and one leased bar with separate meters for electricity. The roof was changed around 2010, windows are vinyl, and the tuckpointing redone. The building is over 5,800 sq/ft plus a lower level that is being used for storage, a sub basement that is used for utilities and a backyard all sitting on a double lot. The property taxes are low due to the mixed use classification. There is angle parking along the building on Roscoe for customers and tenants with the option to add a garage in the back. The bar pays $4,000/month in rent. Commercial loan required with 25% down payment.
Full Property Details
Full Property Details for 3362 N Narragansett Ave
General
- Sold For: $619,000
- Taxes: $9,249 (2021)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11694764
- Added to Site: 1, 107 day(s) ago
Interior
- Interior Features: Storage Inside, Basement, Laundry Room
Additional Information
- Security/Safety: Alarm on Site, Other
Parking
- Parking Features: 6 to 12 Spaces
Location
- Area: CHI - Dunning
- County: Cook
- Driving Directions: Take Narragansett south from Irving Park and it will be on the west side of the street at Roscoe
- Location Details: Chicago Northwest, Corner, Public Transport Avail
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air, Radiators, Steam
Structural Information
- Construction: Brick, Concrete, Wood Frame
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane
- Stories/Levels: 2
- Square Feet: 5,895
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1951
- Built Before 1978: Yes
Unit Information
- # Tenants: 3
- Units w/Refrigerators: 3
- Units w/Range/Oven: 3
- # Dryers: 1
Lot Features
- Lot Size (Sq. Ft.): 6,168
- Lot Dimensions: 50 x 123
- Frontage: City Street, Public Road
- Potential Use: Commercial, Multi-Family
- Zoning: MULTI
Financial Considerations
- Operating Expenses: $25,132
- Security Deposit: Alarm On Site, Other
- Assessment Year: 1951
- Tax Amount: $9,249
- Tax Year: 2021
- Tenant Pays: Air Conditioning, Electricity
Disclosures and Reports
- Property ID: 13194250180000
Listed by Xr Realty
Sold by Coldwell Banker Realty
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Schools
Schools serving 3362 N Narragansett Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Bridge Elementary School 3800 North New England Avenue, Chicago, IL 60634 | PK-8 | 0.8 mi |
Steinmetz Academic Centre High School 3030 North Mobile Avenue, Chicago, IL 60634 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3362 N Narragansett Ave
Date
Details
Price
Change
Source
10/16/2024
Sold
$619,000
-1.51%
MLS
6/19/2023
Price Reduced
$628,500
-0.08%
MLS
4/17/2023
Price Reduced
$629,000
-3.08%
MLS
3/10/2023
Price Reduced
$649,000
-1.52%
MLS
1/03/2023
Listed
$659,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
3362 N Narragansett Avenue, Chicago, IL 60634 (MLS# 11694764) is a Commercial property that was sold at $619,000 on October 16, 2024. Want to learn more about 3362 N Narragansett Avenue? Do you have questions about finding other Commercial real estate for sale in Dunning? You can browse all Dunning real estate or contact a Coldwell Banker agent to request more information.

