Chicago, IL 60622 1659 W Chicago Avenue
$589,000
Presented By: Chicago Real Estate Resources
SQFT • 24,000
Home Details
1,730 SF corner storefront on high-traffic Chicago Avenue * B1-2 zoning with flexible use potential * Two ADA-compliant restrooms * Strong visibility with excellent signage/branding opportunity * No HOA or assessments. * Ideal for owner-user or investment, supported by dense surrounding residential base. Excellent candidate for 1031 Approximate good cap rate.
Presented By: Chicago Real Estate Resources
General for 1659 W Chicago Avenue
Additional Parcels Y/NNo
Assoc Fee Paid PerNot Applicable
Cap Rate7.5
CityChicago
Construction MaterialsBrick
CoolingCentral Air
CountyCook
Current UseCommercial
DirectionsAshland Ave to Chicago Ave West to 1659 W. Chicago Ave
ElectricCircuit Breakers, Separate Meters
Leasable Area1720
Lease TypeNet
Lot Size Square Feet12250
MLS AreaCHI - West Town
Net Operating Income44160
Number Of Units Total1
Property SubtypeCondominium
Property TypeCommercial Sale
Property TypeRetail/Stores
Standard StatusActive
StatusActive
Stories Count4
Tax Annual Amount12944.11
Tax Year2024
Tenant PaysAir Conditioning, Common Area Maintenance, Electricity, Heat, Taxes
UtilitiesElectric to Site, Natural Gas Available, Sewer Connected, Water Available
Year Built1984
ZoningCOMMR
Exterior for 1659 W Chicago Avenue
Building Area Total24000
Frontage TypeCity Street
Lot Dimensions100x125
Additional Details
Price History
