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5638 N Western Ave 4 Unit Apartment Building $649,000 ($162,250/Unit) Chicago, IL 60659
EXECUTIVE SUMMARY
Arcadia Terrace / West Ridge, Chicago’s most ethnically diverse neighborhoods within steps to Lincoln Square and Devon Ave. corridors served by CTA buses that connect to the Red, Purple, and Brown Lines plus Metra access nearby. offering 2-Story mixed-use building and adjacent vacant lot 25X110 on Western Ave. mixed commercial and residential districts featuring main level large commercial space and 2nd level 2-residntial units. Building in need of work/rehab from A-Z. Outstanding visibility, exposure and foot traffic on Western Ave. Full basement with ample storage space to support commercial operations. Location surrounded by dense residential/commercial traffic, with nearby retailers including Walgreens, walkable amenities and within steps of public transportation, shops, dining, and nightlife. Live and work property with income potential and significant upside in one of Chicago’s most dynamic neighborhoods.
PROPERTY FACTS Under Contract
| Price | $649,000 | Apartment Style | Low-Rise |
| Price Per Unit | $162,250 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Sale Condition | Deferred Maintenance | Building Size | 5,000 SF |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Apartment | ||
| Zoning | B3-3 - Neighborhood Commercial District | ||
| Price | $649,000 |
| Price Per Unit | $162,250 |
| Sale Type | Investment |
| Sale Condition | Deferred Maintenance |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.06 AC |
| Building Size | 5,000 SF |
| No. Stories | 2 |
| Year Built | 1970 |
| Zoning | B3-3 - Neighborhood Commercial District |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 4 | - | 686 |
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 13-01-432-019-0000 | Improvements Assessment | $38,825 |
| Land Assessment | $10,175 | Total Assessment | $49,000 |
PROPERTY TAXES
Parcel Number
13-01-432-019-0000
Land Assessment
$10,175
Improvements Assessment
$38,825
Total Assessment
$49,000
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5638 N Western Ave
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