Income producing property. Low taxes. Unique investment opportunity to own this mixed used property. Priced to sell. Situated in North Austin neighborhood with a dense residential community and commercial traffic corridor. Two story brick building on the corner of Chicago and Pine Avenue. Features a total of 22 units and 2 car garage. 14 residential apartments, and 8 commercial units. The 14 residential rental apartments includes 4 apartments with 2 bedrooms; 7 units with 1 bedroom and 3 studio efficiency apartments. Tenants pay electric, gas and electric heat. The main level features 8 separate commercial units. Fenced backyard. With a total projection gross income of 26,375 per month, this property is a true cash flow generator. Large units, desirable layout, and prime income potential – a must-see for serious investors! Sold AS-IS.
Property Details
Price:
$1,298,000
MLS #:
MRD12547781
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Mixed Use
Neighborhood:
chiaustin
Listed Date:
Jan 28, 2026
Total Sq Ft:
16,790
Year Built:
1923
Schools
Interior
Cooling
None
Flooring
Tile, Wood
Exterior
Construction Materials
Brick, Concrete, Wood
Stories
2
Financial
Tax Year
2024
Taxes
$32,833
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Mike Gonet was born, raised, and raised his family in the Putnam County Area. He has successfully run a family-owned real estate business for over 40 years with Gonet Real Estate & Land Co. He has extensive experience (and thoroughly enjoys) selling vacant land, farm ground, and commercial properties. When Mike has free time, he enjoys spending it with his 4 adult children and many grandkids by watching baseball and college basketball and playing golf. His experience and expertise in real estat…
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759 N Pine Avenue
Chicago, IL



