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5742 W Chicago Avenue, Chicago, IL 60651
$375,000
5742 W Chicago Avenue, Chicago, IL 60651View this property at 5742 W Chicago Avenue, Chicago, IL 60651
5742 W Chicago AvenueChicagoIL60651
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Property 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 and hot water tank, and tenants pay all utilities except water. 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.
Full Property Details
Full Property Details for 5742 W Chicago Ave
General
- Price: $375,000
- Taxes: $2,521 (2022)
- Status: Active
- Type: Store
- MLS ID: 11949775
- Updated: 12/26/2023
- Added to Site: 132 day(s) ago
Additional Information
- Security/Safety: Fire Extinguisher(s), Smoke or Fire Protectors
Parking
- Parking Features: 1 to 5 Spaces
Location
- Area: CHI - Austin
- County: Cook
- Township: West Chicago
- Driving Directions: Austin to Chicago Ave, East to property
- Location Details: Chicago North
Heating & Cooling
- Cooling Type: Window Unit(s)
- Heating Type: Forced Air, Gas
Structural Information
- Exterior Const.: Brick
- Stories/Levels: 2
- Square Feet: 3,223
- # of Stores: 2
- Year Built: 1908
- Built Before 1978: Yes
Unit Information
- # Tenants: 4
Lot Features
- Lot Size (Sq. Ft.): 3,745
- Lot Dimensions: 3745
- Zoning: COMMR
Financial Considerations
- Security Deposit: Fire Extinguisher/s, Smoke or Fire Protectors
- Assessment Year: 1908
- Tax Amount: $2,521.48
- Tax Year: 2022
- Tenant Pays: Electricity, Heat
Disclosures and Reports
- Property ID: 16054280400000
Listed by Baird & Warner
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Schools
Schools serving 5742 W Chicago Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
932 N Central Ave, Chicago, IL 60651 | PK-8 | 0.3 mi | |
231 N Pine Ave, Chicago, IL 60644 | 9-12 | 0.8 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 5742 W Chicago Ave
Date
Details
Price
Change
Source
12/20/2023
Listed
$375,000
1604.55%
MLS
12/07/2016
Sold
$22,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 5742 W Chicago Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$2,521
2%
$12,259
—
2021
$2,465
-25%
$12,259
-16%
2020
$3,266
-2%
$14,659
-12%
2019
$3,347
71%
$16,658
68%
2018
$1,960
-28%
$9,920
-22%
2017
$2,728
-22%
$12,672
-27%
2016
$3,486
9%
$17,407
—
2015
$3,190
17%
$17,407
18%
2014
$2,726
2%
$14,693
—
2013
$2,672
1%
$14,693
—
2012
$2,637
—
$14,693
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 5742 W Chicago Ave
5742 W Chicago Avenue, Chicago, IL 60651 (MLS# 11949775) is a Store property. 5742 W Chicago Avenue is currently listed for $375,000 and was received on December 20, 2023. Want to learn more about 5742 W Chicago Avenue? Do you have questions about finding other Store real estate for sale in Austin? You can browse all Austin real estate or contact a Coldwell Banker agent to request more information.