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5746 N Western Avenue, Chicago, IL 60659
$729,900 Sale Pending
5746 N Western Avenue, Chicago, IL 60659View this property at 5746 N Western Avenue, Chicago, IL 60659
5746 N Western AvenueChicagoIL60659
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Property Description
Excellent opportunity to own/operate your business in this income generating 3 unit mixed-use building on a double lot (50x109) with 4 car garage parking. 3,460 sf ground floor commercial space currently used as a print shop with upgraded 240V amp 3 phase electric. Ground floor opens to a side yard with concrete patio. 2 apartments above both 1,300 sf. 2 bed, 1 bath units. Apartments both have W/D. Newer windows, 3 separate gas meters. Boiler heat for building, commercial with supplemental gas furnace heat and central AC for commercial space, apartments have window A/C units. Unfinished basement. Ground floor print shop is occupied by current owner which is relocating. Projected Gross Rental Income for building (fully rented) = ~$88k yr, Operating expenses = $22k, NOI = $65k. FULLY RENTED IN CURRENT CONDITION, THIS BUILDING SHOULD CAP 9%!! 2 lots with separate PINs, side lot can be developed. C1-2 zoning
Full Property Details
Full Property Details for 5746 N Western Ave
General
- Price: $729,900
- Taxes: $11,469 (2021)
- Status: Pending
- Type: Commercial
- MLS ID: 11929018
- Updated: 4/22/2024
- Added to Site: 172 day(s) ago
Interior
- Flooring: Wood
Additional Information
- Security/Safety: Fire Extinguisher(s), Carbon Monoxide Detector(s)
Location
- Area: CHI - West Ridge
- County: Cook
- Driving Directions: NORTH OF BRYNMAWR OR SOUTH OF PETERSON - ON WESTERN AVE
- Location Details: Chicago North, Mixed-Use Area, Public Transport Avail, In City Limits
Heating & Cooling
- Cooling Type: Central Air Conditioning, Window Unit(s)
- Heating Type: Forced Air, Gas, Hot Water, Radiators
Utilities
- Onsite: Electricity to Site, Gas to Site, Municipal Water
Structural Information
- Construction: Brick
- Foundation: Concrete Perimeter
- Roof: Rubber
- Sub-Flooring: Wood
- Stories/Levels: 3
- Square Feet: 6,091
- Current Bldg. Use: Commercial
- # of Stores: 1
- Year Built: 1931
- Built Before 1978: Yes
Unit Information
- # Tenants: 2
- Units w/Refrigerators: 2
- Units w/Range/Oven: 2
- # Dryers: 2
Lot Features
- Lot Size (Sq. Ft.): 5,450
- Lot Dimensions: 50 x 109
- Frontage: City Street, Public Road
- Drainage: None
- Potential Use: Commercial, Industrial, Office and Research, Retail
- Zoning: COMMR
Financial Considerations
- Other Fee: $1,567
- Security Deposit: Fire Extinguisher/s, Carbon Monoxide Detector(s)
- Assessment Year: 1931
- Tax Amount: $11,469
- Tax Year: 2021
- Tenant Pays: Electricity, Other
- Pays Electric: 3250
Disclosures and Reports
- Property ID: 13014230360000
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Schools
Schools serving 5746 N Western Ave
School District:Chicago Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
5650 N Mozart St, Chicago, IL 60659 | PK-8 | 0.6 mi | |
5835 N Lincoln Ave, Chicago, IL 60659 | 9-12 | 0.6 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 5746 N Western Ave
Date
Details
Price
Change
Source
11/11/2023
Listed
$729,900
—
MLS
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 5746 N Western Ave
Year
Property Taxes
Change
Tax Assessment
Change
2022
$5,549
2%
$26,979
—
2021
$5,425
35%
$26,979
50%
2020
$4,010
-4%
$17,999
-14%
2019
$4,184
2%
$20,827
—
2018
$4,114
-17%
$20,827
-9%
2017
$4,936
7%
$22,930
—
2016
$4,593
9%
$22,930
—
2015
$4,202
-9%
$22,930
-8%
2014
$4,612
2%
$24,858
—
2013
$4,521
1%
$24,858
—
2012
$4,461
—
$24,858
—
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 5746 N Western Ave
5746 N Western Avenue, Chicago, IL 60659 (MLS# 11929018) is a Commercial property. 5746 N Western Avenue is currently listed for $729,900 and was received on November 11, 2023. Want to learn more about 5746 N Western Avenue? Do you have questions about finding other Commercial real estate for sale in West Ridge? You can browse all West Ridge real estate or contact a Coldwell Banker agent to request more information.