3821 W North Avenue Chicago, IL ^$ 499,000

3821 W North Avenue

^$ 499,000

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3821 W North Avenue

Chicago, IL, 60647

^$ 499,000

Studio Baths0.0

Monthly Estimate*

^$ 3,486

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Studio

Commercial Property for sale in Chicago, IL

for $499,000. This building was built in 1910 on a lot size of 0.068871.

Rare opportunity to acquire a storefront property with three apartments located in a high-traffic area on North Ave. The property, which includes a bicycle repair shop owned by the current owner, is in need of renovation. Two spacious one-bedroom apartments are currently rented, while the third requires a complete overhaul. Situated mere blocks from the anticipated multi-million dollar revitalization project of the historic Pioneer Bank building into a mixed-use space with offices, a cafe, and apartments. Don't miss out on this unique investment opportunity.

Commercial Active

Price

^$ 499,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 7,843

Style

Commercial

Lot Size

0.068871

Year Built

1910

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12002169

Features

General

Cooling None

Possession Closing

Year Built 1910

Electric Circuit Breakers

Tenant Pays Electricity Heat

Stories 2

Tax Year 2022

Current Use Commercial

Gross Income 15600

County Cook

Insurance Expense 0

Property Type Commercial Sale Mixed Use

Status Active

Directions North Ave to address. On south side of North Ave east of Pulaski and west of Hamlin.

City Chicago

Total Units 4

MLS Area CHI - Humboldt Park

Lot Size Square Feet 3000

Street Name North

Tax Annual Amount 7843

Electric Expense 0

Fuel Expense 0

Trash Expense 0

Water Sewer Expense 0

Additional Parcels Y/N N

Days on Market 7

Standard Status Active

Exterior

Lot Dimensions 24 X 125

Interior

Street Suffix Avenue

* Excluded Features

List By

R4 Commercial Real Estate Solutions

Broker

eruiz@R4cre.com;eruiz@r4cre.com

Affordability Calculator

$4,139

Per Month

Monthly Principal & Interest: $3,486
Monthly Property Taxes: $654
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% 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

Trends
Schools

Commerical listings in Chicago, IL

Average List Price ^$832,936

Percent of Sale Price 67%

About Chicago, IL

2,755,380 Population

-4% Since 2002

^$53,088 Median Income

36.07 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

565567 Elementary School

567955 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
3/13/2024	$499,000		Listed Price

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3821 W North Avenue, Chicago, IL, 60647 is a Commercial Property for sale at $499,000 with a lot size of 0.068871. 3821 W North Avenue is a studio with 0.0 baths and was built in 1910. The property's zip code is 60647 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% 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.

The data relating to real estate for sale on this website comes in part from the Broker Reciprocity program of Midwest Real Estate Data LLC. Real Estate listings held by brokerage firms other than Weichert Realtors are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the names of the listing brokers. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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Data is updated as of 5/1/2024.

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3821 W North Avenue

Commercial Property for sale in Chicago, IL

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