Chicago, IL 60639,5650 W Diversey Avenue
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Chicago, IL 60639,5650 W Diversey Avenue
Chicago, IL 60639,5650 W Diversey Avenue
Chicago, IL 60639,5650 W Diversey Avenue
Chicago, IL 60639,5650 W Diversey Avenue
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$ 739,000
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5650 W Diversey Avenue Chicago, IL 60639

5,500 SqFt


UPDATED:

11/05/2024 06:07 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 5,500 sqft

Price per Sqft $134

MLS Listing ID 12036088

Year Built 1930

Annual Tax Amount $7,320

Tax Year 2022

Lot Dimensions 25X125

Property 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.

Location

State IL

County Cook

Zoning COMMR

Interior

Cooling Central Air, Central Individual

Fireplace N

Exterior

View Y/N true

Building

Foundation Concrete Perimeter

Structure Type Brick


Listed by Nicholas Shabat • 773 Realty LTD

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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5650 W Diversey Avenue