5620 N Western Ave, Chicago, IL, 60659

USD 1,099,000
For Sale

Property Details

Property Type

Condo

Description

Property Details: • Type: Condo • Bedrooms: 0 • Bathrooms: 0 • Square Feet: 4800 • Lot/Size: 9,375 sqft lot

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, NEWER roof-5 years, rebuilt parapets, tuckpointed/5622 is a free standin

Location

Address

5620 N Western Ave, Chicago, IL, 60659

City

Chicago

Features and Finishes

Year Built: 1938; [object Object]; [object Object]; [object Object]

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