6235-43 N Western AVE Active

Chicago,IL 60659

$ 2190000

- Bed

0 Bath

15000 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 15,000 sqft

Price per Sqft $146

MLS Listing ID 12292925

Year Built 1953

Annual Tax Amount $26,773

Tax Year 2023

Lot Dimensions 100X109

Property Sub-Type Mixed Use

Property Description

This 17-unit mixed-use asset is priced to sell at a current 7.8% current cap rate. The property consists of (12) 1br/1ba apartments, (5) commercial spaces, & (9) garage spaces in the rear. The (5) commercial spaces are all currently leases to a total of (3) tenants - E Basket US Inc, Gulshan Restaurant, & Afghan Village. The apartments are all 1br/1ba and feature individual HVAC. Current gross rents total $274,020 annually and there is plenty of room to grow that number. Recent capital improvements include a tear off roof and parapet work in 2021, rebuilt sewer line in 2025, 4/5 newer water heaters, and mostly copper plumbing. Please reach out to listing agent to learn more about this opportunity.

Location

State IL

County Cook

Area Chi - West Ridge

Zoning COMMR

Interior

Cooling Central Air,Central Individual

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 3

Structure Type Brick

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