5746 North Western Avenue

Chicago, IL 60659

$729,900
Price
4
Beds
2
Baths
1
1/2 Bath
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Excellent opportunity to own/operate your business in this income generating 3 unit mixed-use building on a double lot (50x109) with 4 car garage parking. 3,460 sf ground floor commercial space currently used as a print shop with upgraded 240V amp 3 phase electric. Ground floor opens to a side yard with concrete patio. 2 apartments above both 1,300 sf. 2 bed, 1 bath units. Apartments both have W/D. Newer windows, 3 separate gas meters. Boiler heat for building, commercial with supplemental gas furnace...Excellent opportunity to own/operate your business in this income generating 3 unit mixed-use building on a double lot (50x109) with 4 car garage parking. 3,460 sf ground floor commercial space currently used as a print shop with upgraded 240V amp 3 phase electric. Ground floor opens to a side yard with concrete patio. 2 apartments above both 1,300 sf. 2 bed, 1 bath units. Apartments both have W/D. Newer windows, 3 separate gas meters. Boiler heat for building, commercial with supplemental gas furnace heat and central AC for commercial space, apartments have window A/C units. Unfinished basement. Ground floor print shop is occupied by current owner which is relocating. Projected Gross Rental Income for building (fully rented) = ~$88k yr, Operating expenses = $22k, NOI = $65k. FULLY RENTED IN CURRENT CONDITION, THIS BUILDING SHOULD CAP 9%!! 2 lots with separate PINs, side lot can be developed. C1-2 zoning

Listing Agent

  1. James D'Astice

    James D'Astice

    Listing Agent

    Compass

Property Details for 5746 North Western Avenue

Area
CHI - West Ridge
Township
North Chicago
Ownership
Fee Simple
Num Of Garage Spaces
4.0
Num Of Parking Spaces
4.0
Heat/Fuel
Natural Gas, Radiator(s)

Location

Add your commute
LISTING UPDATED: 04/22/2024 11:45 AM

Property Details for 5746 North Western Avenue

StatusPending
MLS #11929011
Days on Market163
Taxes$17,512 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeTwo to Four Units / 3 Flat
Year Built1931
Lot Size0.13 AC / 5,450 SF
CountyCook County

Location

Add your commute

Building Information for 5746 North Western Avenue

Stories-Residences3Year Built1931Building Size-Lot Size0.13 AC / 5,450 SF

Payment Calculator

$5,443 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,983

Property Taxes

$1,459

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5746 North Western Avenue

General Information
School Information
  • Elementary School District: 299
  • High School District: 299
  • Middle Or Junior School District: 299
Addtl Parking Information
  • Garage On Site: true
  • Garage Ownership: Owned
  • Garage Type: Attached, Detached
  • Parking: Garage
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Num Of Rooms: 18
  • Bedrooms (Below Grade): 0
  • Basement Type: Full
  • Bedrooms Possible: 4
  • Basement Description: Unfinished
  • # Full Baths in Building: 2
  • # Half Baths in Building: 1
  • Num of Baths: 2.1
Utilities / Equipment
  • Sewer: Sewer-Public
  • Water: Lake Michigan, Public
  • Other Equipment: Intercom, CO Detectors, Ceiling Fan(s), Sump Pump, Multiple Water Heaters
Property/Lot Information
  • New Construction YN: No
  • Rebuilt: No
  • Rehabilitated: No
  • Built Before 1978: Yes
  • Age: 91-100 Years
  • Lot Size: Less Than .25 Acre
  • Lot Dimensions: 50X109
  • Total # Units in Building: 3.0
  • Waterfront: No
  • Exterior Building Type: Brick
  • General Information: None
  • North Coordinate: 5700
  • South Coordinate: 0
  • East Coordinate: 0
  • West Coordinate: 5800
  • 3 Br Un In Bldg: No
Property and Assessments
  • Public Document Count: 3
  • Document Date: 2023-11-11T17:14:44
  • Photos Count: 44
  • OpenHouse Count: 0
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Income & Expenses
  • Electric Expense: $3,250.00
  • Fuel Expense: $6,230.00
  • Electric Expense Source: Owner Projection
  • Fuel Expense Source: Owner Projection
  • Other Expense Source: Owner Projection
  • Other Expenses $: 1567
Unit 1
  • Unit Type Actual Rent: $.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Type: Unit 1
  • Lease Expiration Date: 0
Unit 2
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 2
  • Lease Expiration Date: MTM
Unit 3
  • Unit Type Actual Rent: $900.00
  • Unit Type Baths Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Type: Unit 3
  • Lease Expiration Date: 1/24

Property History for 5746 North Western 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 5746 North Western Avenue

Taxable ValueLand$10,275Additions$19,779Total$30,054
Tax Record2022$6,182 ($515 / month)
Home Facts
Baths3Total Finished SqFt5,797 SqFtAbove Grade Finished SqFt5,797 SqFtStories3Lot Size3,425 SqFtStyleMulti-Family Res (5+ Units)Year Built1930CountyCOOKAPN13-01-423-037

Schools near 5746 North Western 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 - K to 8
Charter - PK to 8
Rating
School
Distance
Jamieson Elementary School
PublicPK to 8

Mather High School
Public9 to 12

Stone Elementary Scholastic Academy
PublicK to 8

Passages Elementary Charter School
CharterPK to 8

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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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.

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.