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5836 W Chicago Ave 5836 W Chicago Ave 4,687 SF Retail Building Chicago, IL 60651 $500,000 ($106.68/SF)



Investment Highlights
- Repositioning & Value Add Opportunity
- High-Demand Urban Location
- Owner-User
- Transit Oriented Location
- Exceptional Demographics
Executive Summary
Horvath & Tremblay is pleased to present the exclusive opportunity to purchase an investment property located at 5836 W Chicago Avenue in Chicago, Illinois (the “Property”). The Property is vacant and is improved by a 4,867 square foot single story building on a 5,674 square foot (0.13-acre) parcel of land and is zoned B3-2 Community Shopping District, one of the most versatile zoning designations in the city of Chicago. The Property offers the opportunity to lease the Property as an investment opportunity or to use the Property as an owner-user opportunity. The Property is well-located along W Chicago Avenue in Chicago’s Austin neighborhood, a high-density, inner-urban core neighborhood 7.5-miles west of Downtown Chicago. The Property is convenient to the area’s primary commercial corridors, W North Avenue and N Cicero Avenue, and offer easy access to the Austin and Central “L” stations on the CTA Green Line and the Hanson Park and Grand/ Cicero Metra Stations on the MD-W line. The high-demand for real estate with proximity to “L” Stations, area schools and primary commercial corridors, make this a great opportunity for an investor seeking an owner-user or repositioning site in Chicago.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
4,687 SF
Building Class
C
Year Built
1896
Price
$500,000
Price Per SF
$106.68
Tenancy
Single
Building Height
1 Story
Building FAR
0.83
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
B3-2
Frontage
50’ on W Chicago Ave
Amenities
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Kiddie Korral
- Health Care and Social Assistance
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Kiddie Korral | Health Care and Social Assistance | - | - | - |
Walk Score®
Very Walkable (80)
Nearby Major Retailers
Property Taxes
| Parcel Number | 16-05-427-026-0000 | Improvements Assessment | $60,727 |
| Land Assessment | $18,473 | Total Assessment | $79,200 |
Property Taxes
Parcel Number
16-05-427-026-0000
Land Assessment
$18,473
Improvements Assessment
$60,727
Total Assessment
$79,200
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5836 W Chicago Ave | 5836 W Chicago Ave
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