127 W Taylor St 7 Unit Apartment Building Offered at $904,605 CAD Grant Park, IL 60940

This mixed-use property offers significant income potential with 7 apartments, approximately 3,000 SF of office space, and 5,449 SF of light warehouse. Of the 7 apartments, there is 1 three-bedroom, 3 two-bedroom, and 3 one-bedroom apartments.
The gorgeous offices are turnkey; complete with 5 high-quality workstations with desks, chairs, phones, headsets, monitors, keyboards, computers, and a server, with room for additional workstations. Super high ceilings make the office airy & bright. The light warehouse is turnkey also, with professional shelving, shipping computer, equipment and supplies.
Heating is gas forced air heating in the office, warehouse, and apartments 1 & 2, and electric baseboard heating in the remaining units. Central air serves the office, warehouse, and apartments 1 & 2, while window units provide cooling for rest of the apartments. The roof is 8-9 years old, and the property presents a tremendous opportunity for investors seeking a versatile income-producing asset with both commercial and residential components. . Built in 1920, the right two-thirds of the building were fully renovated 17 years ago-down to the studs, including all new electric, plumbing, and HVAC-while the five apartments were updated individually as tenants moved out, ensuring modern, move-in ready living spaces.