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James D'Astice

5746 N Western Avenue

$729,900 5746 N Western Avenue, Chicago, IL 60659
Excellent opportunity to own/operate your business in this income generating 3 unit mixed-use building on a double lot (50x109) with 4 car garage parking. 3,460 sf ground floor commercial space currently used as a print shop with upgraded 240V amp 3 phase electric. Ground floor opens to a side yard with concrete patio. 2 apartments above both 1,300 sf. 2 bed, 1 bath units. Apartments both have W/D. Newer windows, 3 separate gas meters. Boiler heat for building, commercial with supplemental gas furnace heat and central AC for commercial space, apartments have window A/C units. Unfinished basement. Ground floor print shop is occupied by current owner which is relocating. Projected Gross Rental Income for building (fully rented) = ~$88k yr, Operating expenses = $22k, NOI = $65k. FULLY RENTED IN CURRENT CONDITION, THIS BUILDING SHOULD CAP 9%!! 2 lots with separate PINs, side lot can be developed. C1-2 zoning
  • Pending
  • 1931
    Year Built
  • 6,091 Sq.Ft.
    Living Area
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