5523 West Chicago Avenue, Chicago, IL

$215,000

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About 5523 West Chicago Avenue

7 commercial units Can rent for up to $116,000 per year fully occupied. 5 units are occupied 2 are vacant. Currently bringing in 6700 per month in rent. 2 vacant units need a total rehab 7 store fronts. Rents for up to $9700 per month after rehabbed and fully occupied. Breakdown of each unit below: 1. Rented by Accounting company has been there since 2018. His rent is $1500 2. Event Space rent is $1500 a month. 3. Clothing and Cigar Store $1100 a month rent. 4. Restaurant being rehab right now. Received 6 months FREE rent. His rent will be $1800 per month 5. Event Space VACANT 6. Vacant Space ( NEEDS GUT REHAB ) 7. Storage space being rented by clothing and cigar shops for $800 a month. Property is sold as is. Buyer will have to take over city violations

Features of 5523 West Chicago Avenue

MLS® # 12490942
Price $215,000
Bathrooms 0.00
Acres 0.00
Year Built 1922
Type Commercial Sale
Sub-Type Retail/Stores
Status Price Change

Community Information

Address 5523 West Chicago Avenue
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60651

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Additional Information

Days on Market 10
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHome First Realty Inc
Contact Infosupport@chicagodealvault.com

Listing Map

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