5746 North Western Avenue

Chicago, IL 60659

$729,900
Price
Beds
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
Zoning
COMMR

Location

Add your commute
LISTING UPDATED: 03/29/2024 08:42 AM

Property Details for 5746 North Western Avenue

StatusPending
MLS #11929018
Days on Market158
Taxes$11,469 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1931
Lot Size0.13 AC / 5,450 SF
CountyCook County

Location

Add your commute

Building Information for 5746 North Western Avenue

Stories-Residences3Year Built1931Lot Size0.13 AC / 5,450 SF

Payment Calculator

$4,939 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,983

Property Taxes

$956

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 5746 North Western Avenue

General Information
Addtl Parking Information
  • Indoor Parking: 1-5 Spaces,Attached,Detached
  • Open Parking Spaces: 4.0
Location and General Information
  • Frontage Type: City Street, Public Road
  • Geographic Locale: Chicago North
  • Information: 24-Hr Notice Required,List Broker Must Accompany,48-Hr Notice Required
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air, Window Unit(s)
  • Electric: Circuit Breakers, Service - 201 to 600 Amps, Three Phase
  • Flooring: Wood
  • # Of Washers: 2
  • Heat/Ventilation: Forced Air,Gas,Hot Water,Radiators
  • # Of Refrigerators: 2
  • # Of Dryers: 2
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 2
  • Water Drainage: None
  • Misc Outside: Patio
Utilities / Equipment
  • Utilities: Electric to Site, Gas to Site, Water-Municipal
Property/Lot Information
  • Owners Association: No
  • Tenant Pays: Electricity, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 50X109
  • Lot Size Square Feet: 5450.0
  • Stories: 3
  • Construction: Brick
  • Roof Type: Rubber
  • Fire Protection: Fire Extinguisher/s,Carbon Monoxide Detector(s)
  • Roof Structure: Flat
  • Foundation Details: Concrete Perimeter
  • Building Area Total: 6091
  • # Of Offices: 1
  • Office SqFt: 3461
  • # Of Ranges: 2
  • # Of Stores: 1
Property and Assessments
  • Possible Use: Commercial, Industrial, Office and Research, Retail
  • Public Document Count: 3
  • Document Date: 2023-11-11T17:19:42
  • Photos Count: 44
Miscellaneous
  • Current Use: Commercial
  • Location: Mixed Use Area,Public Transport Avail,In City Limits
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 3
Income & Expenses
  • Electric Expense: $3,250.00
  • Fuel Expense: $6,230.00
  • Gross Income: $1,800.00
  • Gross Scheduled Income: $21,600.00
  • Insurance Expense: $.00
  • Other Expense Source: Owner Projection
  • Total Monthly Income: 1800
  • Other Expense: $1,567.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

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.