5742 W Chicago Avenue Chicago, IL $ 375,000
5742 W Chicago Avenue
$ 375,000
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5742 W Chicago Avenue

Chicago, IL, 60651
$ 375,000
Baths0.0 Sq 3,223

Monthly Estimate*

$ 2,619

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View a Virtual Tour
Studio

Commercial Property for sale in Chicago, IL

for $375,000. This 3,223 square foot building was built in 1908 on a lot size of 0.085973.

Welcome to 5742 W Chicago Ave in Chicago, IL, a recently remodeled mixed-use property that offers a unique investment opportunity. This building features two commercial units currently being used as hair salons and two residential units, both of which are 1-bedroom and 1-bathroom. All 4 units have been completely remodeled within the last 3 years. Each unit has its own furnace and hot water tank, and tenants pay all utilities except water. The property has parking for 4 cars, making it convenient for tenants and customers alike. This property has been well-maintained and has undergone several updates, including both roofs are brand new, newer windows, and a new back staircase. Property has also been recently completely tuckpointed and exterior professionally painted, ensuring that it is structurally sound and visually appealing. With 4 gas meters and 4 electric meters, this building is set up for easy management and flexibility. Located in the vibrant city of Chicago, this property is ideally situated to take advantage of all the city has to offer. It is conveniently located near transportation and has easy access to shops, restaurants, and other amenities. Additionally, this property boasts super low taxes at only $2521, making it an even more attractive investment opportunity. Don't miss your chance to own this well-maintained and profitable mixed-use property in a prime location. Contact us today to schedule a viewing and see all that this property has to offer.

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Commercial Active

Price

$ 375,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 2,521

Style

Lot Size

0.085973

Year Built

1908

Town/City

Chicago

County/Region

Cook

MLS | Web ID

11949775

Features
General
Cooling Window Unit(s)
Possession Closing Negotiable Tenant's Rights
Zoning COMMR
Year Built 1908
Electric Circuit Breakers Service - 0 to 100 Amps
Tenant Pays Electricity Heat
Stories 2
Township West Chicago
Property SubType Apts/Stores
Tax Year 2022
Gross Income 4105
County Cook
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
Property Type Commercial Sale Mixed Use
Status Active
Directions Austin to Chicago Ave East to property
City Chicago
Total Units 4
MLS Area CHI - Austin
Lot Size Square Feet 3745
Street Name Chicago
Tax Annual Amount 2521.48
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N N
Virtual Tour https://tours.vht.com/BWI/T434316045/nobranding
Days on Market 99
Standard Status Active
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Exterior
Building Area Total 3223
Lot Dimensions 3745
Exterior Brick
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Interior
Street Suffix Avenue
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* Excluded Features
List By
Baird & Warner

Broker

dan.ortiz@bairdwarner.com

Email

Affordability Calculator

$2,830
Per Month
93%
7%
0%
Monthly Principal & Interest
$2,619
Monthly Property Taxes
$210
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
Pricing History
DatePricePrice ChangeDescription
12/20/2023$375,000 Listed Price

Map


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5742 W Chicago Avenue, Chicago, IL, 60651 is a Commercial Property for sale at $375,000 with 3,223 sqft and a lot size of 0.085973. 5742 W Chicago Avenue is a studio with 0.0 baths and was built in 1908. The property's zip code is 60651 which is in Chicago, IL