Chicago, IL 60622 1859 W Chicago Avenue

1859 W Chicago Avenue Chicago, IL - Image 11859 W Chicago Avenue Chicago, IL - Image 21859 W Chicago Avenue Chicago, IL - Image 3
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1859 W Chicago Avenue Chicago, IL - Image 41859 W Chicago Avenue Chicago, IL - Image 5
Presented By: Sperry Van Ness
  • MLS# 12036342
  • 05/07/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 4
  • SQFT • 9,267

Home Details

1859 W Chicago Ave is a 9,267 SF mixed-use building located on the corner of Chicago and Wolcott Avenues in the heart of Chicago's Ukrainian Village neighborhood. The property is fully occupied by seven (7) tenants; Ukranian Village Veterinary Center on the first floor, and six (6) residential units on the second through fourth floors. All units were fully rehabbed in 2020. This signalized corner location is surrounded by strong neighborhood retail including Roots Pizza, West Town Bakery, and Cleo's Bar. The property is also just 2 blocks from the neighborhood grocery store, Mariano's. This stabilized property is ideal for an investor looking to enter the growing West Town/Ukrainian Village sub-market. This property is owned by an Illinois Real estate broker.
Presented By: Sperry Van Ness

Interior Features for 1859 W Chicago Avenue

Other Interior Features

Street SuffixAvenue

General for 1859 W Chicago Avenue

Additional Parcels Y/NNo
CityChicago
CoolingCentral Air
CountyCook
Days on Market103
DirectionsAt the corner of Chicago Avenue and Wolcott St
Electric Expense537
Fuel Expense
Gross Income263626
Insurance Expense3605
Lot Size Square Feet3020
MLS AreaCHI - West Town
MaintenanceExpense5400
Net Operating Income187381
NumberOfUnitsTotal7
Operating Expense63064
Property TypeCommercial Sale
Property TypeMulti Family 5+
Standard StatusActive
StatusActive
Stories4
Tax Annual Amount24628
Tax Year2022
Tenant PaysElectricity, Heat
Trash Expense2379
Water Sewer Expense1761
Year Built1888

Exterior for 1859 W Chicago Avenue

Building Area Total9267
Lot Dimensions25X125

Additional Details

Price History

Worth Clark

Price $2,899,000
MLS#12036342
List Date 05/07/2024
Property Type Multi-Family
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