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5525 W North Avenue Chicago, IL $ 260,000
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$ 260,000 Get more info
5525 W North Avenue
$ 260,000
Back to search
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5525 W North Avenue

Chicago, IL, 60639
$ 260,000
Baths0.0 Sq 4,344

Monthly Estimate*

$ 1,816

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Studio

Commercial Property for sale in Chicago, IL

for $260,000. This 4,344 square foot building was built in 1925 on a lot size of 0.090519.

This mulit-unit, mixed use building provides a space for a tavern (zoned), restaurant or daycare on the first level with owners apartment unit on the 2nd level. updated baths, flooring, walls, wet bar and paint. The apartment has hardwood floors throughout, decorative fireplace, clean and modern kitchen and 2.5 bedrooms. The commercial space was previously a tavern but can be converted into any storefront, garage, store, this building has so much potential, just awaiting your vision to bring it back to life! There is also a full basement which provides additional space/storage. The location can not be beat, on the highly traffic North Ave, walking distance to public transportation, walk to train as well and minutes from I-290! Tavern location is well known. Proof of funds prior to reviewing tenant occupied unit.

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Commercial Active

Price

$ 260,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 5,429

Style

Lot Size

0.090519

Year Built

1925

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11920759
Features
General
Cooling Central Individual
Possession Closing Immediate
Roof Fiberglass Rubber
Zoning OTHER
Construction Materials Brick Block
Year Built 1925
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Other
Stories 2
Township West Chicago
Property SubType Apts/Stores
Tax Year 2021
Gross Income 0
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions AUSTIN BLVD NORTH RIGHT ON NORTH AVE EAST TO THE PROPERTY
City Chicago
Total Units 2
MLS Area CHI - Austin
Lot Size Square Feet 3943
Street Name North
Tax Annual Amount 5429
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Days on Market 89
Standard Status Active
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Exterior
Building Area Total 4344
Lot Dimensions 3 125
Exterior Brick
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Expert Realty

Broker

Expertrealty@comcast.net

Email

Affordability Calculator

$2,269
Per Month
80%
20%
0%
Monthly Principal & Interest
$1,816
Monthly Property Taxes
$452
Monthly 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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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
565567 Elementary School
567955 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
1/22/2024$260,000 -3.70% Price Down
11/7/2023$270,000 -6.90% Price Down
10/31/2023$290,000 Listed Price

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5525 W North Avenue, Chicago, IL, 60639 is a Commercial Property for sale at $260,000 with 4,344 sqft and a lot size of 0.090519. 5525 W North Avenue is a studio with 0.0 baths and was built in 1925. The property's zip code is 60639 which is in Chicago, IL

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