Active
5252 N Western Avenue
Chicago IL, 60625
$3,000,000
Active
Multi-family
Built in 1970
Courtesy of Kiser Group Realty Inc
5252 N. Western Ave is a beautiful six (6) unit mixed use building in Chicago's Bowmanville neighborhood. The building is situated on high traffic intersection of Western and Berwyn, with immediate access to the city as well as surrounding north side neighborhoods. 5252 N. Western Ave is a unique opportunity to obtain a cash-flowing mixeduse property in one of the most high growth pockets of Chicago's North side. The building is comprised of two (2) master lease retail units, three (3) 2BD/2BA & one (1) 3BD/2BA. Recent improvements to the building include but are not limited to: gut-renovated units with modern finishes throughout, central air, individual mechanicals, in-unit washer dryer, updated electric, copper plumbing, and extensive amounts of tuckpointing and sealing the new facade. From day one, a new investor will realize a cap rate exceeding 6%. The retail units have master leases signed that extend through 2027 and generate a $15,000 / month. This stabilized mixed use asset allows a new owner to assume the current cash flow that the building provides in a highly desirable pocket of the north side.
12035677
MLSⓇ ID
April 22, 2024
Listed
February 20, 2025
Updated
Other Property Details
Area Name
CHI - Lincoln Square
Taxes
$19,006
Tax Frequency
Annually
Days on Market
38
Garage
No
View
No
County
Cook
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
5/29/2024 | Price change | $3,000,000 -15% |
Courtesy of Kiser Group Realty Inc, John Petrando,
Listing Contact: 773-293-5000
The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than The Keith Goad Group are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.
Based on information submitted to the MLS GRID for MRED 2/20/2025. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
©2025 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.
Data last updated 12:57 AM UTC, 2/20/2025
