$139.82 Per Sq Foot $4,128 est/mo Sourced by Back At You

5650 W Diversey Avenue,Chicago, IL 60639

Chicago IL, 60639

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Description

Investment opportunity to own an all brick 6 Unit Mixed-Use building in Chicago's Belmont-Cragin neighborhood. This property features 4 - 2bd/1ba units, 1 - 1bd/1ba unit, and a local bar on the main level. The 3 rear residential units have been completely gut rehabbed in 2015 and are condo quality including hardwood floors, stainless steel appliances, and granite counters. The 2 front residential units had some updates. All 6 units have their individual HVAC and the 2 rear units have their individual hot water heaters. The roof was updated in 2015. The current rent is WELL BELOW market value and are all month to month. (With the market value, the Total Annual Income before expenses should be around $90,000 off rent alone). Additional income from coin laundry. Explore the possibilities of being a Chicago commercial property owner.

Details

MLS#12036088
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1930
Days On Site33
Listing Provided By773 Realty LTD | Nicholas Shabat

Features

SQ Feet5,500
Story(s)3
Units6
ZoningCOMMR

Market Activity 60639

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60639
AreaCHI Belmont Cragin
Listing VS Median (in 60639)
Price:
$769,000
low | high
Med:
$359,950
100% of Average
SqFt:
5,500
low | high
Med:
1,668
100% of Average
$ / SqFt:
$140
low | high
Med:
$217
5.370398216823% of Average
On Site:
33
low | high
Med:
41
80.487804878049% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 10:10:46 PM PDT