5746 N Western Ave | Chicago, IL 60659
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- LoopNet Team
5746 N Western Ave
Chicago, IL 60659
Industrial Property For Sale
Investment Highlights
- Located on double lot (50X109), second addition to building added in 1990s
- 2 garages on site with 4 total parking spaces
- Projected Gross Rental Income (fully rented) = ~$88k yr, Operating Expenses ~$22,500, NOI $65k = CAP 9%!!
- Over 3,000 SF of commercial space with upgraded 240V amp 3 phase electric, opens to a side yard with concrete patio
- Incoming generating property with 2 apartments above commercial space, each with 1,300 SF (2BD/1BA)- Units rented under market
- Owner/user on ground floor, business is relocating to different location
PROPERTY FACTS
| Property Type | Industrial | Rentable Building Area | 6,091 SF |
| Property Subtype | No. Stories | 3 | |
| Building Class | C | Year Built | 1931 |
| Lot Size | 0.12 AC | Parking Ratio | 1.29/1,000 SF |
| Property Type | Industrial |
| Property Subtype | |
| Building Class | C |
| Lot Size | 0.12 AC |
| Rentable Building Area | 6,091 SF |
| No. Stories | 3 |
| Year Built | 1931 |
| Parking Ratio | 1.29/1,000 SF |
Amenities
- Fenced Lot
- Yard
- Air Conditioning
Utilities
- Gas - Natural
- Water - City
- Sewer - City
- Heating - Gas
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $103,599 | |
| Land Assessment | $69,678 | Total Assessment | $173,277 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$69,678
Improvements Assessment
$103,599
Total Assessment
$173,277
zoning
| Zoning Code | C1-2 (Neighborhood Commercial District) |
| C1-2 (Neighborhood Commercial District) |
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