5933-5945 W Division Street Chicago, IL $ 705,000
5933-5945 W Division Street
$ 705,000
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5933-5945 W Division Street

Chicago, IL, 60651
$ 705,000
Baths0.0 Sq 4,876

Monthly Estimate*

$ 4,925

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Studio

Commercial Property for sale in Chicago, IL

for $705,000. This 4,876 square foot building was built in 1914 on a lot size of 0.139853.

Are you considering Commercial Real Estate for your next investment? Look no further! This prime location offers a remarkable opportunity for your investment. This meticulously renovated property is situated in the vibrant Austin Community, right at the crossroads of Division and Austin, bordering the thriving Oak Park neighborhood. Comprising a total of 7 retail spaces, these units range in size from a spacious 615 square feet to a generous 1462 square feet.This property has undergone a comprehensive revitalization, boasting brand-new facades, an updated roof (2024), individual furnaces, state-of-the-art central air conditioning systems, separate electrical systems, fresh gutters, and new water heaters. Moreover, it's important to note that this property is fully leased with long-term tenants, ensuring a steady and reliable income stream. Its strategic location in a high-traffic area, combined with its corner building positioning, ensures exceptional visibility and accessibility.Don't miss this opportunity to make a wise investment in one of Chicago's most dynamic neighborhoods.

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Commercial Active

Price

$ 705,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 14,911

Style

Lot Size

0.139853

Year Built

1914

Town/City

Chicago

County/Region

Cook

MLS | Web ID

12031331

Features
General
Cooling Central Air
Utilities Electric to Site Gas to Site Water to Site
Possession Closing
Roof Rubber
Zoning RTAIL
Construction Materials Brick
Year Built 1914
Electric Circuit Breakers
Tenant Pays Air Conditioning Electricity Heat Janitorial Service Insurance Scavenger
Stories 1
Township West Chicago
Property SubType Neighborhood Storefront
Tax Year 2022
Gross Income 96600
County Cook
Net Operating Income 86661
Insurance Expense 2328
Property Type Commercial Sale Retail/Stores
Status Active
Directions Division west to Austin or Austin to Division then east.
City Chicago
Total Units 7
MLS Area CHI - Austin
Lot Size Square Feet 6092
Street Name Division
Tax Annual Amount 14911
Water Sewer Expense 2300
Additional Parcels Y/N N
Leasable Area 4876
Days on Market 7
Standard Status Active
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Interior
Flooring Vinyl
Street Suffix Street
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Exterior
Foundation Details Brick/Mortar Concrete Perimeter
Building Area Total 4876
Lot Dimensions 49 X 126
Frontage Type City Street Paved
Exterior Brick
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* Excluded Features
List By
Homesmart Realty Group

Broker

esalemre@gmail.com

Email

Affordability Calculator

$6,167
Per Month
80%
20%
0%
Monthly Principal & Interest
$4,925
Monthly Property Taxes
$1,243
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
4/17/2024$705,000 Listed Price

Map


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5933-5945 W Division Street, Chicago, IL, 60651 is a Commercial Property for sale at $705,000 with 4,876 sqft and a lot size of 0.139853. 5933-5945 W Division Street is a studio with 0.0 baths and was built in 1914. The property's zip code is 60651 which is in Chicago, IL