6420 N Western Avenue
Chicago, IL 60645

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Description

Opportunity to own a commercial/residential building in a neighborhood that offers many types of shopping/restaurants and high volume foot and car traffic. Owner is retiring and has owned the building over 40 years with a business on the first floor and two residential units above. Perfect combination for investor who wants income, and space to showcase a new or existing business. Currently, the commercial space has been a popular bar during the current ownership. It has been closed for the past few years. Can be re-opened or create your own concept for the space, Restaurant, Retail, anything requiring a C2-2 zoning. The license for the bar is NOT TRANSFERABLE and must be acquired by new owners, if that is the intention of use. For more information, please call the listing agents.

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60645
• Year Built: 1933
• Sq.Ft.: 3,016 sq ft
• Stories: 2
• Units: 3 units
• # Of Apts: 2
• # Of Dishwashers: 1
• # Of Disposals: 1
• # Of Dryers: 1
• # Of Ranges: 2
• # Of Refrigs: 1
• # Of Stores: 1
• # Of Tenants: 1
• # Of Washers: 1
• # Of Window/Ac: 4
• Approximate Age: Older
• Building Area Total: 3016
• Built Before 1978 (Y/N): Yes
• Construction Materials: Concrete, Brick, Frame, Glass
• Cooling: Central Individual, Window Unit(s)
• Directions: Western avenue to address of 6420 N. Western Ave, Chicago. Located 1/4 block north of Devon Avenue. Exit 94 at Peterson Ave go east to Western, north on Western to Address. Or. South on 94 to Touhy Avenue, then South on Western to Address. Parking available in front.
• Electric: Circuit Breakers, Separate Meters
• Electric Expense: 2400
• Electric Expense Source: Combination
• Fire Protection: Fire Extinguisher/s, Carbon Monoxide Detector(s)
• Foundation Details: Concrete Perimeter
• Fuel Expense: 4800
• Fuel Expense Source: Combination
• Geographic Locale: Chicago North
• Green Supporting Documents: N
• Heat/Ventilation: Central Heat/Indiv Controls, Gas, Hot Water, Radiators, Operable Windows/Systems Vary-Call List Agt
• Indoor Parking: 1-5 Spaces
• Information: 24-Hr Notice Required, List Broker Must Accompany, Seller's Disclosure
• Insurance Expense: 1600
• Insurance Expense Source: Owner Projection
• Known Encumbrances: First Mortgage
• Location: Central Business District, Mixed Use Area, Public Transport Avail, In City Limits, High Traffic Area
• Lot Size Square Feet: 4853
• Main Type: Commercial Sale
• Misc Inside: Accessible Washroom/s, Multi-Tenant, Overhead Door/s, Private Restroom/s, Public Restroom/s, Storage Inside, Basement
• Misc Outside: Enclosed Stairs, Security System, Storms and Screens (as exist)
• Other Expense: 2500
• Other Expense Source: Owner Projection
• Other SqFt: 2039
• Outdoor Parking: Common Parking, Lighted, Parking-Street
• Ownership Type: Individual
• Property Sub Type: Mixed Use
• Retail SqFt: 977
• Roof Structure: Flat
• Tax Annual Amount: 7136
• Tax Year: 2024
• Tenant Pays: Heat
• Township: Rogers Park
• Utilities: Electric to Site, Natural Gas Available, Sewer Connected
• Water Drainage: Floor Drains
• Water Expense Source: Combination
• Water Sewer Expense: 500
• Water Source: Municipal Water