41.910877 -87.66685

1540 W NORTH Avenue Chicago, IL 60622

297316653 41.910877 -87.66685 129 /listing/297316653-150377292/1540-w-north-avenue-chicago-il-60622 False 0 899000.0 101 11129309 False
  • $899,000
  • 25X125 lot
  • Est payment $4826.03/mo

Property & Neighborhood Info

Courtesy Of Baird & Warner

Commercial in Chicago

ATTENTION DEVELOPERS - Great for tear-down and condo rebuild! MOTIVATED SELLER ~ The street level has an operational bar & restaurant with a full kitchen. All kitchen & bar equipment is included, not the inventory. 2nd level has 5 office spaces. 2nd level can also be deconverted to a 3/BR, 1/Bath apartment, already plumbed for gas/water/electrical. 3rd level has a 3/BR, 1/Bath apartment with 2 outdoor spaces. The building has 3 parking spots in the rear. Basic stats: 3/bedrooms, 1/bath apartment on 3rd floor, currently vacant, past rent was $2500; 5 office spaces on 2nd floor all vacant. Bar/restaurant on the main level with storage and office space in the basement currently leased, rent is $4300, tenant pays all own utilities [except water], lease expires 3/14/2024. Zoned C1-2 [commercial/residential]. The lot size is a standard 25 X 125. Great location and condition! Near 90/94. Surrounding businesses include Hyatt Place Hotel, Audi Fletcher Jones, Mercedes-Benz of Chicago, Hollywood Grill, MB Financial Bank, 5/3 Bank, Home Depot and 5 minutes to the Clybourn Corridor.

Courtesy Of Baird & Warner
  1. 25X125 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1900
  • Floors: 3
  • County: Cook
  • Taxes: $16,376.00
  • Tax Year: 2019
  • Units: 3
  • Zoning: COMMR
  • MLS Number:11129309

Additional Features

  • Cooling:
    • Central Air
  • Approx Age:
    • 36-50 Years
  • Location:
    • Central Business District
    • Mixed Use Area
    • Public Transport Avail
  • Number Of Units:
    • 1
  • Property Subtype:
    • Mixed Use
  • Type:
    • Mixed Use
  • Misc Exterior:
    • Balcony/ies
  • Outdoor Parking:
    • 1-5 Spaces
  • Electric:
    • Circuit Breakers
  • Heating System:
    • Gas
  • Fire System:
    • Carbon Monoxide Detector(s)
    • Fire Extinguisher/s
  • Township:
    • North Chicago
  • Broker Owned:
    • No
  • Gross Income:
    • 126300
  • Monthly Income:
    • 10400
  • Net Operating Income:
    • 0
  • Special Information:
    • 24-Hr Notice Required
    • Exceptions-Call List Office
    • List Broker Must Accompany
  • Status Detail:
    • Active
  • Tenant Pays:
    • Air Conditioning
    • Electricity
    • Heat
    • Insurance
    • Other
    • Scavenger
    • Varies by Tenant
  • Board Code:
    • 8
  • Document Count:
    • 0
  • Electric Exp:
    • 888
  • Electric Source:
    • Owner Projection
  • Frontage Type:
    • City Street
  • Fuel Exp:
    • 0
  • Geographic Area:
    • Chicago North
  • Gross Scheduled Income:
    • 126300
  • Insurance Exp:
    • 5000
  • Lot Size Square Feet:
    • 3950
  • Number Of Stores:
    • 1
  • Operating Expense:
    • 0
  • Other Exp:
    • 0
  • Parcel Number:
    • 14321203900000
  • Parking Total:
    • 3
  • Possession:
    • Closing
  • Trash Expense:
    • 0
  • Water Sewer Expense:
    • 1200
  • Lot Size Dim:
    • 25X125
Neighborhood info courtesy of Homes.com © 2021

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
CENTURY 21 ABC Schiro Group, Inc.
CENTURY 21 ABC Schiro Group, Inc.
(847) 985-9700
1732 W Wise Rd Schaumburg IL 60193
no name available CENTURY 21 ABC Schiro Group, Inc.
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41.910877 -87.66685

1540 W NORTH Avenue Chicago, IL 60622

297316653 41.910877 -87.66685 129 /listing/297316653-150377292/1540-w-north-avenue-chicago-il-60622 False 0 899000.0 101 11129309 False
  • $899,000
  • 25X125 lot
  • Est payment $4826.03/mo