1538-42 N Western Avenue, CHICAGO IL 60622 Photo 1 1538-42 N Western Avenue, CHICAGO IL 60622 Photo 2 1538-42 N Western Avenue, CHICAGO IL 60622 Photo 3 1538-42 N Western Avenue, CHICAGO IL 60622 Photo 4 1538-42 N Western Avenue, CHICAGO IL 60622 Photo 5 1538-42 N Western Avenue, CHICAGO IL 60622 Photo 6 1538-42 N Western Avenue, CHICAGO IL 60622 Photo 7 1538-42 N Western Avenue, CHICAGO IL 60622 Photo 8 1538-42 N Western Avenue, CHICAGO IL 60622 Photo 9
Listing Courtesy of Miller Chicago Llc

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1538-42 N Western Avenue - Excellent investment opportunity in high visibility location on Western just south of North Avenue, Three-story brick building built in 1911, New HVAC, plumbing, electrical, windows, kitchens and bathrooms completed in 2012. 1st floor is an owner occupied commercial storefront (seller will either negotiate for a leaseback from new owner for $1,500/month for up to 1 year or vacate upon sale, depending on buyer's preference). 2nd floor includes 2-bedroom / 1-bathroom rental unit ($1,590 monthly rent / lease expiring April 2017). 3rd floor includes 2-bedroom / 1-bathroom rental unit ($1,720 monthly rent / lease expiring July 2017). Also two lots in high-visibility location with Western frontage, just south of North Avenue. Includes commercial / retail space with adjacent 2-car garage. Great West Bucktown location just 2.5 blocks from The 606 / Bloomingdale Trail and steps away from North Ave.

Listing information

  • MLS® ID: 09177920
  • Status: Active
  • New Construction: No
  • County: Cook
  • Style: Mixed Use
  • Stories: 3
  • Foreclosure: No
  • Year Built: 1911
  • Parking Type Description: None 0 cars
  • Estimated Annual Taxes: $11,196

Features

Air Conditioning Central Air
Approximate Age 36-50 Years
Built Before 1978 (Y/N) Yes
Electrical Service Other/Unknown
Franchisor Feed(y/n) No
Geographic Locale Chicago West
Heat/Ventilation Ceiling Units, Central Heat/Indiv Controls
Information 24-Hr Notice Required
Other # Of Apts - 2, # Of Offices - 1, # Of Units - 4, Electricity Expense - 0, Fuel Expense - 0, Gross Rent Multiplier - 0, Gross Rental Income $ - 0, Insurance Expense - 0, Net Oper Income $ - 0, Other Expenses - 0, Scavenger Expense - 0, Tax Year - 2014, Total Annual Exp - 0, Total Annual Income - 0, Total Monthly Income - 0, Township - West Chicago, Water Expense - 0, Zoning Type - Commr
Property Type Mixed Use
Tenant Pays Air Conditioning, Electric, Heat
Listing Courtesy of Miller Chicago Llc