5523 W Chicago Ave

Chicago, IL 60651
  • $205,000

    Price
  • 0

    Bed
  • Bath
  • 9,000

    SqFt

About the Listing 1211 - 263771

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

Listing Highlights for 5523 W Chicago Ave

Status Active
Days on Site 35
Property Type Commercial Sale
MLS ® 12490942
Year Built 1922
Total Square Footage 9,000
Lot/Acreage 0.28
County Cook

Interior Details

  • Bedrooms: 0
  • Bathrooms: Full
  • Appliances:
  • Air Cond: Central Air
  • Heating: Central Bldg Heat
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: N/A
  • Lot Dimensions: 0.28
  • Roof:
  • Others:
  • Sewer:

Financial Details

  • Tax Amount: $43,090
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 16091000020000
  • Tax Year: 2023

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5523 W Chicago Ave Chicago, IL 60651

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Originating MLS: mred

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