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4126 26th Street

Great opportunity to acquire this Mixed-Use, Commercial building, with retail storefront use on the lower level as a full service restaurant and residential purposes within the upper 2 levels. The retail storefront provides for an ample-size restaurant business (known as Lalo's Restaurant) and the residential feature is composed of two apartment units: 2nd floor a full size, large 2-bedroom apartment, and 3rd floor also a large 2-bedroom apartment. The B3-2 zoning B3-2 provides allowance for a "Community Shopping" district, in a street which provides an Average Daily Traffic (ADT) of 18,400 vehicles and a Floor Area Ratio (FAR) of 2.2. This building is perfectly placed in the west side of what is considered as Chicago's "Other Magnificent Mile" - the second-highest grossing shopping district in Chicago. At most recent counts, this two-mile stretch on 26th St. brings in $900MM of annual revenue to the city; second only to the Magnificent Mile along Michigan Ave.

Essential Information

  • MLS® #10330429
  • Price$359,900
  • Square Footage3,500
  • Acres0.00
  • Year Built1906
  • TypeCommercial
  • Sub-TypeMixed Use
  • StatusActive

Community Information

  • Address4126 26th Street
  • AreaCHI - South Lawndale
  • CityChicago
  • CountyCook
  • StateIL
  • Zip Code60623

Interior

  • HeatingForced Air, Gas
  • # of Stories1
  • Stories3

Cooling

Central Individual, Partial, Window Unit/s

Exterior

  • ExteriorBrick
  • ConstructionBrick
  • FoundationConcrete

Additional Information

  • Days on Website199
  • ZoningCOMMR
  • Taxes$5,249

Listing Details

  • Officed'aprile properties
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Price Change History for 4126 26th Street, Chicago, IL (MLS® #10330429)

Date Details Price Change
Active
Price Change
Price Reduced (from $399,900) $359,900 $40,000 (10.00%)
Active (from New)

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than @Properties are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is 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 deemed reliable but not guaranteed.

Listing information last updated on December 7th, 2019 at 8:20am CST.