Chicago, IL 60639 5650 W Diversey Avenue

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Presented By: 773 Realty LTD
  • MLS# 12036088
  • 04/24/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • SQFT • 5,500

Home Details

Investment opportunity to own an all brick 6 Unit Mixed-Use building in Chicago's Belmont-Cragin neighborhood. This property features 4 - 2bd/1ba units, 1 - 1bd/1ba unit, and a local bar on the main level. The 3 rear residential units have been completely gut rehabbed in 2015 and are condo quality including hardwood floors, stainless steel appliances, and granite counters. The 2 front residential units had some updates. All 6 units have their individual HVAC and the 2 rear units have their individual hot water heaters. The roof was updated in 2015. The current rent is WELL BELOW market value and are all month to month. (With the market value, the Total Annual Income before expenses should be around $90,000 off rent alone). Additional income from coin laundry. Explore the possibilities of being a Chicago commercial property owner.
Presented By: 773 Realty LTD

Interior Features for 5650 W Diversey Avenue

Other Interior Features

Street SuffixAvenue

General for 5650 W Diversey Avenue

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick
CoolingCentral Air, Central Individual
CountyCook
Days on Market41
DirectionsAustin to Diversey East to property
ElectricSeparate Meters, Service - 0 to 100 Amps
Electric Expense1440
Fuel Expense2160
Gross Income5500
Insurance Expense6000
Lot Size Square Feet3125
MLS AreaCHI - Belmont Cragin
NumberOfUnitsTotal6
PossessionNegotiable
Property SubTypeMixed Use
Property TypeCommercial Sale
Property TypeMixed Use
Standard StatusActive
StatusActive
Stories3
Street NameDiversey
Tax Annual Amount7320
Tax Year2022
Tenant PaysElectricity, Heat
Trash Expense0
Water Sewer Expense1680
Year Built1930
ZoningCOMMR

Exterior for 5650 W Diversey Avenue

Building Area Total5500
ExteriorBrick
Foundation DetailsConcrete Perimeter
Lot Dimensions25X125

Additional Details

Price History

Worth Clark

Price $739,000
MLS#12036088
List Date 04/24/2024
Property Type Commercial
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