4351 N Western Avenue
Chicago, IL 60618

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Description

Location! Location! Location! In Great North Center / Lincoln Square. Great opportunity to be your own boss. Gorgeous 3 units mix used brick building, first floor features 1 storefront currently used as a church and 2nd floor 2 apartments, front apartment duplex up 4 bedrooms & 2 bathrooms, rear apartment 2 bedrooms & one bath, separate living room and dining room. The entire building was completely remodeled 10 years ago, including the front facade. Great location for your dream business, insurance office, real estate office, mortgage company, ETC. Minutes from the brown line station, supermarkets, restaurants, retail, parks and all that North Center / Lincoln Square has to offer. Too many enhancements to list. Must see to appreciate!

Features

• Property Type: Commercial
• Sub Type: Mixed Use
• Listing Status: Active
• County/Area: Cook County
• Zip Code: 60618
• Year Built: 1940
• Stories: 3
• Units: 3 units
• Zoning: COMMR
• # Of Apts: 2
• # Of Offices: 1
• # Of Tenants: 3
• Approximate Age: Older
• Built Before 1978 (Y/N): Yes
• Cap Rate: 4.9
• Construction Materials: Brick
• Directions: 4351 N.Western south of Montrose Ave.
• Electric: Circuit Breakers
• Flooring: Tile, Vinyl, Wood
• Geographic Locale: Chicago North
• Gross Income: 64800
• Gross Scheduled Income: 64800
• Heat/Ventilation: Forced Air
• Information: 24-Hr Notice Required, List Broker Must Accompany
• Insurance Expense: 3500
• Insurance Expense Source: Actual
• Lot Size Square Feet: 2650
• Main Type: Commercial Sale
• Misc Inside: Basement
• Operating Expense: 20906
• Original Rental Price: 9.263
• Property Sub Type: Mixed Use
• Rental Price: 9.263
• Roof: Composition
• Roof Structure: Flat, Pitched
• Tax Annual Amount: 16934.63
• Tax Year: 2024
• Tenant Pays: Electricity, Heat
• Total Monthly Income: 5400
• Township: Lake View
• Trash Expense Source: Owner Projection
• Water Expense Source: Owner Projection
• Water Sewer Expense: 900