Listing provided courtesy of The Apartment SourceMREDas Distributed by MLSGrid- MLS# 12169611
Images
Request Info2945 W Harrison StreetChicago, IL 60612
Commercial · 11,900 Sq. ft.$1,199,000
Active
2945 W Harrison Street Overview
- Time on Site:
- 534 days
- Visits:
- 6
Commercial Mixed-Use Investment Property with Multiple Income Stream Potential Don't miss this rare opportunity to acquire a fully renovated commercial mixed-use space, with active rental income, and additional leasable space currently available. The property has undergone extensive interior and exterior updates in the last 5 years, and stands alone its' class on the market. Key Features: Fully Rehabbed Warehouse: Updated and ready for business, ensuring minimal maintenance costs. Existing Tenant: One lessee currently occupying 1 of 3 rentable spaces, providing immediate rental income. Additional Leasable Space: With extra square footage still available for lease, you have ample opportunity to cash flow by securing additional tenants. This property is a unique investment for businesses and investors alike to capitalize on multiple income streams in a prime location. Whether you're an experienced investor or looking for your first commercial property, this is an excellent chance to secure a profitable asset.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
2945 W Harrison Street Facts & Features
- Type Commercial
- Sq. ft. 11,900
- Price/Sq.ft. $101
Details
General
Income/Expenses
- Existing Lease Type: Net
- Gross Income: 249235
- Gross Scheduled Income: 55040
- Net Operating Income: 39301
- Operating Expense: 15738
Building Information
- Year Built: 1927
Business Information
- Current Use: Commercial
Location/Region
- County Or Parish: Cook
- MLS Area Major: CHI - East Garfield Park
Rent/Lease Information
- Tenant Pays: Air Conditioning, Electricity, Heat
Tax Information
- Tax Annual Amount: $41,132.00
- Tax Year: 2023
General Information
- Parcel Number: 16133020030000
- Possible Use: Commercial,Conditional Use,Industrial,Office
- Property Type: Commercial Sale
- Zoning: COMMR
Interior
Building Interior
- Building Area Total: 11900
General Information
- Cooling: Central Air, Central Individual
- Electric: Service - 201 to 600 Amps
- Flooring: Concrete, Tile
- Foundation Details: Concrete Perimeter
- Leasable Area: 9324
- Stories: 2
Unit Information
- Unit SqFt.: 9324
Exterior
Lot Information
- Additional Parcels: No
- Frontage Type: City Street
- Lot Size Dimensions: 9875
- Lot Size Square Feet: 9875
- Water Source: Municipal Water
Building Exterior/Construction
- Construction Materials: Brick, Concrete
- Roof: Rubber
General Information
- Number Of Units Total: 3
2945 W Harrison Street Neighborhood
Community
60612 (Chicago) Demographics
34
Median Age
8,600
Population Density (per sq. mile)
45%
College Educated
$44,538
Estimated Median Income
3,770
Estimated Total Home Owners
9,430
Estimated Total Renters
29% / 71%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.2945 W Harrison Street Monthly Cost
2945 W Harrison Street Market Data
Based on the last 30 days in this zip code
$595,193
Average List Price
$390
Average Price per Square Foot
18
Properties Sold
93
Average Days on Market
77
Properties for Sale
2945 W Harrison Street History
| Date | Value | Agent |
|---|---|---|
| 4/19/2026Source: MRED | Active |
|
| 4/19/2026Source: MRED | Active |
|
| 4/14/2026Source: MRED | $1,199,000 -14.4% |
|
| 4/14/2026Source: MRED | $1,199,000 -14.4% |
|
| 4/14/2026Source: MRED | Price Change |
|
| 4/14/2026Source: MRED | Price Change |
|
| 1/20/2025Source: MRED | Active |
|
| 1/16/2025Source: MRED | Active |
|
| 1/15/2025Source: MRED | January 15, 2025 |
|
| 1/11/2025Source: MRED | January 11, 2025 |