Chicago, IL 60622 1534 N WESTERN Avenue
$995,000
10 more
Presented By: Jameson Sotheby's Intl Realty
Beds • 9
Home Details
ATTENTION INVESTORS / OWNER OCCUPIERS! LOCATED IN HOT WEST WICKER PARK. LEGAL 5-UNIT OPPORTUNITY WITHIN TWO SOLID BRICK BUILDINGS -- 3 UNITS IN FRONT (TWO 2BD/1BTH + ONE 1BD/1BTH), AND 2 UNITS IN COACH HOUSE (3BD/1BTH + 1BD/1BTH). FULL BASEMENT IN FRONT WITH POTENTIAL TO DUPLEX DOWN FIRST FLOOR UNIT. VALUE ADD POTENTIAL IN ALL 5 UNITS WITH ZERO VACANCIES IN 10+ YEARS. ALL LEASES INCLUDE EARLY TERMINATION CLAUSE, AND ALL TENANATS HAVE WAIVED FIRST RIGHT OF REFUSAL TO PURCHASE PROPERTY IN ACCORDANCE WITH THE TENANT OPPORTUNITY TO PURCHASE BLOCK (606) DISTRICT PILOT PROGRAM.
Presented By: Jameson Sotheby's Intl Realty
Interior Features for 1534 N WESTERN Avenue
Other Interior Features
BasementUnfinished
Total Fireplaces
General for 1534 N WESTERN Avenue
Additional Parcels Y/NNo
Cap Rate7.1
CityChicago
Construction MaterialsBrick
ContingencyAttorney/Inspection
CoolingNone
CountyCook
Current UseMulti-Family
DirectionsNorth Ave. to Western south to property or Division St. to Western north to property.
Electric Expense162
Fuel Expense
Gross Income93600
Insurance Expense4095
MLS AreaCHI - West Town
Maintenance Expense
ModificationTimestamp2025-07-22T19:52:02.803Z
Net Operating Income70424
Number Of Units Total5
Operating Expense22126
Possible UseCommercial, Multi-Family
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive Under Contract
StatusContingent
Stories Count3
Tax Annual Amount15536
Tax Year2023
Tenant PaysElectricity, Heat
Trash Expense0
UtilitiesSewer Connected, Other
Water Sewer Expense2333
Year Built1894
Exterior for 1534 N WESTERN Avenue
BuyerOfficeFax(872) 310-6701
Foundation DetailsConcrete Perimeter
Frontage TypeCity Street
Lot Dimensions25X109
Water SourceMunicipal Water
Additional Details
Price History
