2921 N Southport Avenue , Chicago, IL 60657

$3,658,000
  • 2921 N Southport Avenue , Chicago, IL 60657 Main Photo

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New to the Market New
MLS#12802559
STATUSNew PROPERTY TYPECommercial - Business

Property Description

An exceptional opportunity to own a newly constructed mixed-use building in the heart of Lakeview. This thoughtfully designed property offers the rare combination of luxury residential living and commercial space, making it an attractive opportunity for an investor, owner-occupant, or business owner. The building features three beautifully appointed 3-bedroom, 2.5-bathroom residential units with private elevator access, high-end finishes, impressive private outdoor spaces, and an attached heated parking garage. Complementing the residential component is approximately 850 square feet of ground-level commercial space, offering excellent flexibility for a variety of business uses, with projected rental potential of $30 per square foot. The property also presents strong income potential, with projected monthly rental income of $6,500 for Unit 2, $5,500 for Unit 3, and $8,000 for Unit 4. With contemporary construction, quality craftsmanship, and a desirable neighborhood location surrounded by established businesses, restaurants, coffee shops, and everyday conveniences, this property presents a unique opportunity to own a turnkey mixed-use asset in one of Chicago's most sought-after neighborhoods. Whether adding to an investment portfolio or combining residential ownership with a commercial presence, this is a rare opportunity to acquire an entire new-construction building in Lakeview.

2921 N Southport Avenue | MLS# 12802559

This commercial property located at 2921 N Southport Avenue , Chicago, IL 60657 is currently listed for sale with an asking price of $3,658,000. Search Chicago real estate on www.gogambino.com today.

Property Features

Property Type: Commercial - Business
Cooling: Central Air
Lot Size: 0.07 Acres
Stories: 4.0
Taxes: $18,899
Year Built: 2026

Feature Descriptions

Electric: Separate Meters, Other
Exterior: Brick, Block
Fire Protection: Alarm On Site, Fire Extinguisher/s, Carbon Monoxide Detector(s)
HVAC: Gas
Lot Dimensions: 25 X 125
Number of Tenant(s): 0
Parcel#: 14291220000000
Units: 4

Listed By / Shown By

Listed By

Agency Name: Compass
Agency Phone: 312-319-1168

Shown By

Agency Title: Gambino Realtors
Agency Phone: 815-282-2222

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