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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.
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.
Key Features
- Built in 1938
- 0.22 acre lot
- 3 stories
Property Details
Amenities
Monthly Cost Estimate
$5,878/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5620 N Western Avenue
Chicago, IL 60659
Property Details
Flooring
Construction
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 5620 N Western Avenue is listed at $1,099,000. The estimated monthly payment is $4,762 based on 20% down at 6.5% interest.
Key features include: Built in 1938, 0.22 acre lot, 3 stories.
This property is listed by Alberto Gonzalez and can be reached at (312) 493-0920 or exitalberto@gmail.com.
