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4313 W North Avenue

Chicago, IL 60651
  • $449,250
  • STATUS: Active Under Contract
  • ON SITE: 98 days
  • MLS #: 11067699
Under Contract
UPDATED: 127 min ago
$449,250
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,500
    SQFT
  • $69
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1913
County:

School Ratings & Info

Description

Classic Chicago Mixed use building For Sale in the West Humboldt Park neighborhood. This building is located on the very busy corner of North Ave./Grand Ave./Kostner Ave. The buildings consist of 4 commercial units and 3 residential units (2 legal). 1st commercial unit: Rented to Jackson Hewitt for $1,400/month, lease ends 04/2025, Jackson Hewitt has been a tenant for 18 years. 2nd commercial unit: Beauty Salon rented for $600/month. 3rd commercial unit: Currently vacant. Was rented by a record store for $1,100/month. 4th Commercial Unit: Currently vacant, 2,200 sq. ft. store front, was previously rented for $2,000/month. The residential units have long term tenants and very low rents. There is certainly room to improve the units and raise the rents. 1st residential unit: 3 bedroom apartment rented for $850/month. 2nd residential unit: 2 bedroom rented for $650/month. 3rd residential unit: 2 bedroom rented for $700 per month. Seller ready to retire. Owner recently replaced the roof and new drywall for 4313 storefront. This building is priced very well for 6 units. Come and improve on this building and bring the rents into 2021 levels. West Humboldt park is Hot! This building is also very close to the Hermosa neighborhood. Call today to make your appointment to see it!

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© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2021-08-04T11:55:18.293 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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4313 W North Avenue Chicago, IL 60651

  • Price: $449,250
  • Status: Active Under Contract
  • Updated: 127 min ago
  • MLS #: 11067699
0
Beds
0
Baths
0
½ Baths
0.07
Acres
6,500
SQFT
$69
$/SQFT
1913
Built
Neighborhood:
Chi - Humboldt Park
County:
Cook
Area:
Chi - Humboldt Park
Property Description
Classic Chicago Mixed use building For Sale in the West Humboldt Park neighborhood. This building is located on the very busy corner of North Ave./Grand Ave./Kostner Ave. The buildings consist of 4 commercial units and 3 residential units (2 legal). 1st commercial unit: Rented to Jackson Hewitt for $1,400/month, lease ends 04/2025, Jackson Hewitt has been a tenant for 18 years. 2nd commercial unit: Beauty Salon rented for $600/month. 3rd commercial unit: Currently vacant. Was rented by a record store for $1,100/month. 4th Commercial Unit: Currently vacant, 2,200 sq. ft. store front, was previously rented for $2,000/month. The residential units have long term tenants and very low rents. There is certainly room to improve the units and raise the rents. 1st residential unit: 3 bedroom apartment rented for $850/month. 2nd residential unit: 2 bedroom rented for $650/month. 3rd residential unit: 2 bedroom rented for $700 per month. Seller ready to retire. Owner recently replaced the roof and new drywall for 4313 storefront. This building is priced very well for 6 units. Come and improve on this building and bring the rents into 2021 levels. West Humboldt park is Hot! This building is also very close to the Hermosa neighborhood. Call today to make your appointment to see it!
Exterior Features

Construction Materials Brick Location CornerMixed Use Area Parking Total 0 Roof Rubber Roof Structure Flat

Interior Features

Cooling Central AirWindow Unit(S) Electric 0-100 Amps101-200 Amps Fire Protection Carbon Monoxide Detector(S) Heat Ventilation Forced AirGas Number Of Apts 3 Number Of Offices 0 Number Of Stores 4

Property Features

Additional Parcels YN Yes Built Before1978 YN Yes Electric Expense 0 Exterior Building Type Brick Fuel Expense 0 Geographic Locale Chicago NorthChicago West Gross Income 42000 Gross Scheduled Income 42000 Insurance Expense 0 Lot Size Dimensions 3049 Number Of Tenants 5 Other Expense 0 Possible Use Retail Tax Annual Amount 14680 Tax Year 2019 Tenant Pays Varies By Tenant Total Monthly Income 3500 Trash Expense 0 Unincorporated YN No Water Sewer Expense 0 Zoning Rtail

Listing information © 2021 Midwest Real Estate Data LLC.
Listing provided courtesy of E-Professional Realty.


© 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or eXp Realty. Based on information submitted to the MRED as of 2021-08-04T11:55:18.293 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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