5620 N Western Avenue, Chicago, IL 60659
- 4,800 sqft
Commercial Property
Built in 1938
9,583sqft lot
—— car garage
$250/sqft
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
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Jamieson Elementary School
5650 N Mozart St, Chicago, IL, 60659
Grades KG-8
0.57 miles away
Jamieson Elementary School
5650 N Mozart St, Chicago, IL, 60659
Grades KG-8
0.57 miles away
Mather High School
5835 N Lincoln Ave, Chicago, IL, 60659
Grades 9-12
0.66 miles away