About This Home

This 0-bedroom, 0-bathroom commercial at 5620 N Western Avenue in Chicago, IL is listed for $1,099,000. Built in 1938, on a 0.22 acres lot.

Key Features

  • Built in 1938
  • 0.22 acre lot
  • 3 stories

Property Details

3 stories
1938

Amenities

A/C
Listing Description

PRIME INVESTMENT OPPORTUNITY---8.1 CAP RATE---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, NE

WER 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. 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.

Monthly Cost Estimate

$5,878/mo

20% down · 6.5% · 30 years

Principal$795
Interest$4,762
Insurance$321

Estimates only. Actual payments may vary.

Location

5620 N Western Avenue

Chicago, IL 60659

Property Details

Flooring

CarpetWood

Construction

Brick

Cooling

Central Air

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 5620 N Western Avenue is listed at $1,099,000. The estimated monthly payment is $5,878 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1938, 0.22 acre lot, 3 stories.

This property is listed by Alberto Gonzalez.

AG

Alberto Gonzalez

Agent at Exit Strategy Realty

Listed by Exit Strategy Realty · Broker phone: (312) 493-0920 · Broker website

MLS# 12661151· Source: Midwest Real Estate Data, LLC· 156 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

5620 N Western Avenue, Chicago, IL 60659

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