5742 West Chicago Avenue

Chicago, IL 60651

$375,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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...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.
  1. Listed by Dan Ortiz • Baird & Warner

Property Details for 5742 West Chicago Avenue

Area
CHI - Austin
Township
West Chicago
Zoning
COMMR

Location

Listing Courtesy of Baird & Warner
Add your commute
LISTING UPDATED: 03/27/2024 03:00 AM

Property Details for 5742 West Chicago Avenue

StatusActive
MLS #11949775
Days on Market149
Taxes$2,521 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1908
Lot Size0.09 AC / 3,745 SF
CountyCook County

Location

Listing Courtesy of Baird & Warner
Add your commute

Building Information for 5742 West Chicago Avenue

Stories-Residences4Year Built1908Lot Size0.09 AC / 3,745 SF

Payment Calculator

$2,257 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,047

Property Taxes

$210

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5742 West Chicago Avenue

General Information
Addtl Parking Information
  • Outdoor Parking: 1-5 Spaces
  • Open Parking Spaces: 4.0
Location and General Information
  • Geographic Locale: Chicago North
  • Information: 24-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Window Unit(s)
  • Electric: Circuit Breakers, Service - 0 to 100 Amps
  • Heat/Ventilation: Forced Air,Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
Property/Lot Information
  • Tenant Pays: Electricity, Heat
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 3745
  • Lot Size Square Feet: 3745.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Fire Protection: Fire Extinguisher/s,Smoke or Fire Protectors
  • Roof Structure: Flat
  • Building Area Total: 3223
  • # Of Offices: 0
  • # Of Stores: 2
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Public Document Count: 0
  • Photos Count: 31
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 4
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $4,105.00
  • Gross Scheduled Income: $49,260.00
  • Insurance Expense: $.00
  • Total Monthly Income: 4105
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 5742 West Chicago Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5742 West Chicago Avenue

Taxable ValueLand$3,557Additions$8,702Total$12,259
Tax Record2022$2,521 ($210 / month)
Home Facts
Baths4Total Finished SqFt3,223 SqFtAbove Grade Finished SqFt3,223 SqFtStories2Lot Size3,745 SqFtStyleMulti-Family Res (5+ Units)Year Built1911CountyCOOKAPN16-05-428-040

Schools near 5742 West Chicago Avenue

This home is within City Of Chicago School District 299.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Austin College and Career Acad High School
Public9 to 12

Douglass Academy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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5742 West Chicago Avenue is a mixed use property for sale in Chicago, IL 60651. This property was listed for sale on December 20, 2023 by Baird & Warner, it's currently listed at $375,000. It has been on the market for a total of 149 days and was last sold on December 16, 2016. This listing's school district is City Of Chicago School District 299. Nearby schools include Brunson Math & Sci Specialty Elementary School, Austin College and Career Acad High School and Douglass Academy High School. 5742 West Chicago Avenue is a 0-bed, 0-bath, mixed use property built in 1908.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Baird & Warner

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.