5726 N Western Avenue Chicago, IL $ 699,500
5726 N Western Avenue
$ 699,500
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5726 N Western Avenue

Chicago, IL, 60659
$ 699,500
Baths0.0 Sq 5,200

Monthly Estimate*

$ 4,649

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Studio

Commercial Property for sale in Chicago, IL

for $699,500. This 5,200 square foot building was built in 1930 on a lot size of 0.063131.

TERRIFIC OPPORTUNITY TO START/SCALE/OPERATE YOUR BUSINESS OR ACQUIRE AN INVESTMENT PROPERTY WITH TREMENDOUS CASH FLOW POTENTIAL FROM THIS IMPECCABLY MAINTAINED RECENTLY (2020) RENOVATED/BUILT OUT ALL BRICK TURNKEY MIXED USE PROPERTY STEPS TO LINCOLN SQUARE/SHOPS/RESTAURANTS, MINUTES FROM THE EXPRESSWAY & LAKE SHORE DR & ADJACENT TO A NATURE PRESERVE FEATURING A 2,000 SQFT CURRENTLY OWNER OPERATED RESTAURANT W/$200K+ BUILD-OUT INCL CUSTOM FULL SERVICE BAR, 1,000 SQFT FORMAL DINING AREA W/GAS FIREPLACE, COMMERCIAL KITCHEN, INTEGRATED MEDIA/SOUND & FULL 2,000 SQFT BASEMENT W/2 GUEST BATHS, MULTIPLE FLEX/STORAGE ROOMS & OFFICE + 2-CAR GARAGE CURRENTLY CONVERTED AS ADDITIONAL/COLD STORAGE; TOP FLOOR 2 BED / 1 BATH CONDO QUALITY 1,200 SQFT APARTMENT RENOVATED (2020) W/SHAKER/S/S KITCHEN OPENING TO LARGE LIVING AREA W/HARDWOOD FLOORS, NEW STONE BATH, IN-UNIT W/D, FOYER & BONUS STORAGE AREA W/INDEP CENTRAL HVAC; ADDITIONAL IMPROVEMENTS INCL NEW ROOF OVER APARTMENT (2022), NEW WATER HEATERS (2022), REBUILT FACADE & NEW WINDOWS (2019); ENDLESS USE POTENTIAL ZONED C1-2.

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Commercial Active

Price

$ 699,500

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,848

Style

Commercial

Lot Size

0.063131

Year Built

1930

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11949953

Features
General
Cooling Central Air Central Individual
Possession Closing Tenant's Rights
Roof Reflective Coating Rubber
Zoning COMMR
Year Built 1930
Electric Circuit Breakers Separate Meters
Tenant Pays Electricity Heat
Stories 2
Township Lake View
Property SubType Mixed Use
Tax Year 2021
Current Use Commercial
Gross Income 16740
County Cook
Operating Expense 10766
Insurance Expense 2976
Property Type Commercial Sale Mixed Use
Status Active
Directions Peterson to Western South to 5726
City Chicago
NumberOfUnitsTotal 2
MLS Area CHI - West Ridge
Lot Size Square Feet 2750
Street Name Western
Tax Annual Amount 8848
Electric Expense 3600
Fuel Expense 3200
Trash Expense 340
Water Sewer Expense 650
Additional Parcels Y/N N
Days on Market 6
Standard Status Active
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Interior
Flooring Tile Wood
Total Fireplaces 1
Street Suffix Avenue
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Exterior
Foundation Details Concrete Perimeter
Building Area Total 5200
Lot Dimensions 25 X 110
Frontage Type City Street
Exterior Brick
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* Excluded Features
List By
Compass

Broker

cyrus.seraj@compass.com

Email

Affordability Calculator

$5,386
Per Month
86%
14%
0%
Monthly Principal & Interest
$4,649
Monthly Property Taxes
$737
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/21/2023$699,500 Listed Price

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5726 N Western Avenue, Chicago, IL, 60659 is a Commercial Property for sale at $699,500 with 5,200 sqft and a lot size of 0.063131. 5726 N Western Avenue is a studio with 0.0 baths and was built in 1930. The property's zip code is 60659 which is in Chicago, IL