Real Estate Agent David Dale Johnson

David Dale Johnson REALTOR®

(815) 494-2443
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5620 N Western Avenue , Chicago, IL 60659

$1,099,000
SAVE TOUR PROPERTY
  • 5620 N Western Avenue , Chicago, IL 60659 Main Photo

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New to the Market New
SQUARE FEET4,800 MLS#12661151
STATUSNew PROPERTY TYPECommercial - Office
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Property 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 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.

5620 N Western Avenue | MLS# 12661151

This commercial property located at 5620 N Western Avenue , Chicago, IL 60659 is currently listed for sale with an asking price of $1,099,000. Search Chicago real estate on ddj.bhhscrosby.com today.

Property Features

Property Type: Commercial - Office
Cooling: Central Air
Lot Size: 0.22 Acres
Roof Type: Rubber
Stories: 3.0
Taxes: $25,109
Year Built: 1938

Feature Descriptions

Current Use: Commercial, Office, Automotive
Electric: Separate Meters, Service - 101 to 200 Amps, Three Phase
Exterior: Brick
Fire Protection: Other
Flooring: Carpet, Wood
Foundation: Concrete Perimeter
Frontage Type: City Street
HVAC: Central Heat/Indiv Controls
Location: Mixed Use Area, Public Transport Avail, In City Limits, High Traffic Area
Lot Dimensions: 75 X 125
Miscellaneous Indoor: Elevator/s Passenger, Accessible Washroom/s, Multi-Tenant
Number of Tenant(s): 5
Parcel#: 13014320260000
Potential Use: Conditional Use, Special Use, Other
Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger, Sewer
Units: 5
Utilities: Electric to Site, Natural Gas Available

Listed By / Shown By

Listed By

Agency Name: EXIT Strategy Realty
Agency Phone: 312-554-5478

Shown By

Agent Name: David Dale Johnson
Agent Phone: (815) 494-2443
Agency Title: Berkshire Hathaway HomeServices Crosby Starck Real Estate

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