Address
5933-5945 W Division Street, Chicago, IL
Price
$ 705,000
Property Attributes
- MLS#12031331
- TypeCommercial
- CountyCOOK
- CityChicago
- AreaCHI - Austin
- NeighborhoodAustin
- Zip60651
- Style
- Year Built1914
- Taxes$ 14911
- Price$ 705,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4876
- Lot Size0.139853 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Are you considering Commercial Real Estate for your next investment? Look no further! This prime location offers a remarkable opportunity for your investment. This meticulously renovated property is situated in the vibrant Austin Community, right at the crossroads of Division and Austin, bordering the thriving Oak Park neighborhood. Comprising a total of 7 retail spaces, these units range in size from a spacious 615 square feet to a generous 1462 square feet.This property has undergone a comprehensive revitalization, boasting brand-new facades, an updated roof (2024), individual furnaces, state-of-the-art central air conditioning systems, separate electrical systems, fresh gutters, and new water heaters. Moreover, it's important to note that this property is fully leased with long-term tenants, ensuring a steady and reliable income stream. Its strategic location in a high-traffic area, combined with its corner building positioning, ensures exceptional visibility and accessibility.Don't miss this opportunity to make a wise investment in one of Chicago's most dynamic neighborhoods.
| Price History | |
|---|---|
| 4/17/2024 | Listed $705,000 |
General Features
| Cooling | Central Air |
|---|---|
| Utilities | Electric to Site,Gas to Site,Water to Site |
| Possession | Closing |
| Roof | Rubber |
| Zoning | RTAIL |
| Construction Materials | Brick |
| Year Built | 1914 |
| Electric | Circuit Breakers |
| Tenant Pays | Air Conditioning,Electricity,Heat,Janitorial Service,Insurance,Scavenger |
| Stories | 1 |
| Township | West Chicago |
| Property SubType | Neighborhood Storefront |
| Tax Year | 2022 |
| Gross Income | 96600 |
| County | Cook |
| Net Operating Income | 86661 |
| Insurance Expense | 2328 |
| Property Type | Commercial Sale |
| Status | Active |
| Directions | Division west to Austin or Austin to Division then east. |
| City | Chicago |
| Total Units | 7 |
| MLS Area | CHI - Austin |
| Lot Size Square Feet | 6092 |
| Street Name | Division |
| Tax Annual Amount | 14911 |
| Water Sewer Expense | 2300 |
| Additional Parcels Y/N | No |
| Leasable Area | 4876 |
| Days on Market | 7 |
| Standard Status | Active |
| Property Type | Retail/Stores |
Interior Features
| Flooring | Vinyl |
|---|---|
| Street Suffix | Street |
Exterior Features
| Foundation Details | Brick/Mortar,Concrete Perimeter |
|---|---|
| Building Area Total | 4876 |
| Lot Dimensions | 49 X 126 |
| Frontage Type | City Street,Paved |
| Exterior | Brick |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 60651
Price
Taxes
Visits
Year Built
