127 W Taylor Street, Grant Park, IL

$650,000

Overview

  • 231907
  • Property ID
  • Updated On:
  • April 14, 2026

Description

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 6 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.

Climate Control
Air Conditioning
Other Features
Central Air
Circuit Breakers
Window Unit(s)

yelp logo

$3,332.68
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,520.18

Similar Listings

For Rent

535 Elm Place #CR1, Princeton, IL

This modern shared conference room is the perfect space for meetings, presentations, and c ...
For Sale

14047 W Petronella Drive #201, Libertyville, IL

$163,000
An exceptional opportunity for a large office space in Libertyville with convenient access ...
Information for the property at 127 W Taylor Street, Grant Park, IL, 60940 (Property ID: 231907) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

Compare Listings

Sunita Kakarlapudi