3,223 sq ft
Commercial: Mixed Use - MLS# 11949775
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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. 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.
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60651
- Year Built: 1908
- Sq.Ft.: 3,223 sq ft
- Stories: 2
- Units: 4 units
- Zoning: COMMR
- # Of Apts: 2
- # Of Stores: 2
- # Of Tenants: 4
- Approximate Age: Older
- Building Area Total: 3223
- Built Before 1978 (Y/N): Yes
- Construction Materials: Brick
- Cooling: Window Unit(s)
- Directions: Austin to Chicago Ave, East to property
- Electric: Circuit Breakers, Service - 0 to 100 Amps
- Fire Protection: Fire Extinguisher/s, Smoke or Fire Protectors
- Geographic Locale: Chicago North
- Gross Income: 4105
- Gross Scheduled Income: 49260
- Heat/Ventilation: Forced Air, Gas
- Information: 24-Hr Notice Required
- Lot Size Square Feet: 3745
- Main Type: Commercial Sale
- Outdoor Parking: 1-5 Spaces
- Property Sub Type: Mixed Use
- Roof Structure: Flat
- Tax Annual Amount: 2521.48
- Tax Year: 2022
- Tenant Pays: Electricity, Heat
- Total Monthly Income: 4105
- Township: West Chicago
- Virtual Tour Date: 2023-12-20T17:26:54
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