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Nick Caulfield G.R.I.
Coldwell Banker Residential Brokerage
14225 S. 95th Avenue, Suite 451
 Orland Park, IL 60462

Contact Me

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$1,300,000 For Sale

4445-4447 N Broadway Avenue
Chicago, IL 60640

4 units |
5,146 sq ft

Commercial: Mixed Use - MLS# 12383284
Property Photo
1/15

Description

Great Mixed Use building in Uptown. This building consists of 2 addresses: 4445 N Broadway St situated on 2450 sqft Lot & 4447 N. Broadway St situated on 2575 sq ft LOT with one parking space. This Building is located at the great spot (close to all daily errands, shopping center, so many restaurants, public transportation: bus, CTA redline, near lakeshore, parks, beaches, hospital, schools). 4445 features 2250 sqft unit 1: store front (beautiful remodeled Pawnshop, staff is amazing), two residential units on top with a nice deck in the back. Each unit has 3 bedrooms, unit 2 has 1.5 baths, unit 3 has 1 bath. New remodeled in unit 2.There are laundry rooms in both units. Each unit has its own furnace, electric panel and gas. 4445 has an unfinished basement. Total sq ft for this building is 3846 sqft. Next door is the restaurant at 4447. Huge open space restaurant plus an unfinished basement. Long time tenant. This building also has its own central heat, electric panel, and gas. Great Value. Schedule your showing today.

Features

  • Property Type: Commercial
  • Sub Type: Mixed Use
  • Listing Status: Active
  • County/Area: Cook County
  • Zip Code: 60640
  • Year Built: 1909
  • Sq.Ft.: 5,146 sq ft
  • Stories: 3
  • Units: 4 units
  • Zoning: COMMR
  • # Of Apts: 2
  • # Of Dryers: 2
  • # Of Ranges: 2
  • # Of Refrigs: 2
  • # Of Stores: 2
  • # Of Tenants: 4
  • # Of Washers: 2
  • Additional Parcels: Yes
  • All Sub-Types: Mixed Use
  • Approximate Age: Older
  • Building Area Total: 5146
  • Built Before 1978 (Y/N): Yes
  • Cap Rate: 6.1
  • Construction Materials: Brick
  • Cooling: Central Air, Central Individual
  • Directions: GO WEST ON WEST MONTROSE AVE THEN GO NORTH ON NORTH BROADWAY
  • Electric: Circuit Breakers
  • Expense Year: 2024
  • Flooring: Carpet, Wood, Other
  • Foundation Details: Concrete Perimeter
  • Geographic Locale: Chicago North
  • Gross Income: 96720
  • Gross Rent Multiplier: 12
  • Gross Scheduled Income: 108600
  • Heat/Ventilation: Central Heat/Indiv Controls, Forced Air, Gas
  • Information: List Broker Must Accompany, 48-Hr Notice Required, No Sign on Property
  • Insurance Expense Source: Actual
  • Location: Mixed Use Area
  • Lot Size Square Feet: 5025
  • Main Type: Commercial Sale
  • Misc Outside: Sun Deck
  • Operating Expense: 29204
  • Original Rental Price: 14.53
  • Outdoor Parking: 1-5 Spaces, Assigned Spaces, Open
  • Rental Price: 14.53
  • Roof Structure: Flat
  • Tax Annual Amount: 25004.31
  • Tax Year: 2023
  • Tenant Pays: Air Conditioning, Electricity, Heat, Scavenger
  • Total Actual Rent: 5750
  • Total Annual Expense Source: Actual
  • Total Monthly Income: 9050
  • Township: Lake View
  • Water Expense Source: Owner Projection
  • Water Sewer Expense: 4200
Courtesy of Real People Realty
Source: Midwest Real Estate Data (MRED)


Nick Caulfield | 708-267-4359 | Contact Me
14225 S. 95th. Avenue, Suite 451, - Orland Park, IL 60462
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