Active

5620 N Western Avenue

Chicago IL, 60659

$1,199,000


Active

Commercial

Built in 1938

Courtesy of EXIT Strategy Realty

WELCOME TO ARCADIA TERRACE---unique opportunity to acquire a FULLY occupied THREE-lot / THREE pin investment/owner property with a tremendous traffic count and C1-2 ZONING for many businesses. 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. Tenants in 5620 all expire in 2024, 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.

11978562

MLS ID

February 9, 2024

Listed

March 28, 2024

Updated

Map

5620 N Western Avenue
Chicago IL, 60659

Interior Features

Total Stories

3


Floor Description

Carpet, Wood


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

No

Exterior/Building Features

Lot Size

0.22 Acres

Other Property Details

Area Name

CHI - West Ridge


Taxes

$27,305


Tax Frequency

Annually


Days on Market

37


Garage

No


View

No


County

Cook


Pool

No


Zoning

COMMR

Courtesy of EXIT Strategy Realty, Alberto Gonzalez,
Listing Contact: 773-294-7534 

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©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:41 AM UTC, 3/28/2024

 

 

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