$1,199,000

5620 N Western Avenue, Chicago, IL 60659

  • 4,800 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1938
  • Property Lot Size Icon9,583sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $250/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

ARCADIA TERRACE INVESTMENT OPPORTUNITY---FULLY occupied THREE-lot / THREE pin investment/owner property with a tremendous traffic count and C1-2 ZONING for many businesses. Rent increases coming in September. ALL TENANTS ARE ON YEARLY LEASES EXCEPT FOR 5822 WHICH IS M-T-M. From left to right it consists of: 5618-gated parking lot/5620 three story mixed use---ALL NEW REHAB-- with a store, 200 amp panel, front-back office plus three private offices, upstairs has two 2-BR apartments, 100 amp panel, with separate dining, all with separate NEW HVAC plus hardwood floors plus all NEW steel back decks, NEW hot water tank, NEWER roof-5 years, rebuilt parapets, tuckpointed/5622 is a free standing 1 story flexi-core commercial garage---levels can be added---200-amp 3-phase+200amp panel. Tenants in 5620 all expire in 2024, 5620+18 are MTM, rents. Just slightly north of Bryn Mawr and adjacent to the booming Devon corridor along with Lincoln Square, Ravenswood, Edgewater. Easy access to public transportation and Lake Shore Drive.

Listing Status:
Active
Listing Office:
EXIT Strategy Realty : 773-294-7534
Listing Agent:
Alberto Gonzalez : 773-294-7534
MLS ID:
12339360
  • Flooring: CarpetWood
  • A/C: Central Air

This listing courtesy of Alberto Gonzalez, EXIT Strategy Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

J

Jamieson Elementary School

5650 N Mozart St, Chicago, IL, 60659

Grades KG-8

0.57 miles away

J

Jamieson Elementary School

5650 N Mozart St, Chicago, IL, 60659

Grades KG-8

0.57 miles away

M

Mather High School

5835 N Lincoln Ave, Chicago, IL, 60659

Grades 9-12

0.66 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby