Active · For Sale · Mixed Use

2921 N Southport Avenue, Chicago, IL 60657

MLS #12802559

2921 N Southport Avenue, Chicago, IL 60657
2921 N Southport Avenue, Chicago, IL 60657CRER
2921 N Southport Avenue, Chicago, IL 60657

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2921 N Southport Avenue, Chicago, IL 60657

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The property

Executive summary

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…

Investor Resource

Property Intelligence

Financial Snapshot

Reported Annual Income
$20,000
Estimated GRM
182.90
Annual Taxes
$18,899 (2025)

Property Details

Units
4
Lot Dimensions
25 X 125
Stories
4
Year Built
2026
Building Age
New Construction
Construction
Brick, Block
Parcel Number
14291220000000

Operations & Utilities

Heating
Gas
Cooling
Central Air
Electric
Separate Meters, Other

Location & Use

County
Cook
Market Area
Chicago - Lake View
Township
Lake View

Reported figures come from the listing source. When shown, estimated NOI and cap rate use reported income and expenses; estimated GRM uses asking price and reported income. All figures should be independently verified.