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5620 N Western Avenue,  Chicago IL, 60659

(Active)
$1,199,000
|
|
MLS# 11978562
Last Updated: 5/15/2024 5:18 PM
Description for 5620 N Western Avenue Chicago, IL 60659
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.
Price
$1,199,000
Cook
11978562
Active
Description
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.
Listing Information
Property Type: Mixed Use, Business Opportunities, 3+ Story
0.21 Acres 1938 3
Other
Public
5 Total
Commercial, Office
Neighborhood
Room Information
Interior Features
Carpet, Wood
Central Air
Exterior / Lot Features
75 X 125
COMMR
Driving Directions
Just a little North or Bryn Mawr on the west side of the street
Financial Considerations
13014320260000
$27,305
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60659 has a population of 2,781,445.

The median household income in Chicago, Illinois 60659 is $55,102. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60659 is 38 years.

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Courtesy: EXIT Strategy Realty
Listings courtesy of MRED as distributed by MLS GRID

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