March 31, 2025 – Anthony Spangler and Danny Breiter of Horvath & Tremblay have successfully completed the sale of a nine-unit mixed-use property in Chicago, Illinois. Horvath & Tremblay represented the seller and procured the buyer to complete the transaction at a sale price of $650,000.
The property is located at 10401 South Ewing Avenue in the East Side neighborhood of Chicago, Illinois. The two-story building contains nine (9) units comprised of two (2) retail units at street-level and seven (7) residential units spread over the 1st and 2nd floors. The Property also has one non-conforming unit in the basement (not included in the unit count). The property has 10,000 square feet of gross living area in 12,000 square feet of total area on a 0.14-acre corner parcel. The Property is well-located at the intersection of E 104th Street and S Ewing Avenue, one of the area’s primary commercial and commuter corridors. The Property is located within a Mobility Zone (a Chicago Housing Authority Program) and provides convenient access to area parks, highways, public transportation, and numerous retail amenities. The Property is less than 1-mile from Calumet Beach and Lake Michigan and is 2-miles from the Horseshoe Hammond Casino. 10401 S Ewing Avenue is in close proximity to Indianapolis Boulevard (US Routes 12, 20 & 41) as well as Interstate 90, providing quick access for workers and travelers to downtown Chicago. The Property is positioned along the bus line and is close to the South Chicago (93rd Street) Metra Station and the Hammond-Whiting Station.
Horvath and Tremblay is one of the most active and successful Investment Real Estate Brokerage firms in the United States. Their advisors specialize in the sale of apartment buildings, mixed-use properties, and development projects. They have experience successfully structuring portfolio sales and 1031 exchanges. They have a dedicated buy side desk that provides real time inventory and market data to each individual client placing capital or fulfilling a 1031 exchange requirement. The firm is dedicated to being the best source of information and expertise in the marketplace for private investors, developers, institutions, and industry professionals.