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5746 N Western Ave
Chicago, IL 60659

$729,900 USD

Warehouse For Sale • 6,091 SF

Property Details

Property Type Warehouse
Total Building Size 6,091 SF
Lot Size 0.12 AC
Building Class C
Year Built 1931
Cap Rate 9.00 %
Tenancy Multiple
Zoning C1-2

50 Transit Score

71 Walk Score

                
                    Highlights
                
                                Located on double lot (50X109), second addition to building added in 1990s
                            
                                Over 3,000 SF of commercial space with upgraded 240V amp 3 phase electric, opens to a side yard with concrete patio 
                            
                                2 garages on site with 4 total parking spaces
                            
                                Incoming generating property with 2 apartments above commercial space, each with 1,300 SF (2BD/1BA)- Units rented under market
                            
                                Projected Gross Rental Income (fully rented) = ~$88k yr, Operating Expenses ~$22,500, NOI $65k = CAP 9%!! 
                            
                                Owner/user on ground floor, business is relocating to different location

Financial Summary

Cap Rate:

9.00 %

Amenities

Fenced Lot
Yard
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Ravenswood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra))	6 min	-	2.5 mi
Rogers Park Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra))	6 min	-	2.6 mi
Airport	Drive	Walk	Distance
Chicago O'Hare International	23 min	-	12.7 mi
Chicago Midway International	31 min	-	16.4 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	Covered
Included in Rent:	Yes

James D'Astice 773-425-0706 Compass

5746 N Western Ave Chicago, IL 60659