$750,000 Calculate Payment
2615 W North Avenue Chicago, IL 60647
General Commercial Residence
5,000 Sq. Ft.
Time on Site
Days on Market
Ideal for investors. On corner lot 3 story mixed use greystone building for sale zoned B3-2 in West Town. When fully leased gross income $70,520/year. Restaurant space leased for next FIVE YEARS through MAY 2025, includes main level (36 seat dining/kitchen with 10ft hood/AHD bathrooms), entire basem...ent accessible from inside and outside (storage/office), and two outdoor parking spaces. Two large apartments above - 2nd floor 4 bed/1 bath vacant (is vacant and was getting $1950, currently reviewing an application for May 1st, 2021) and the 3rd floor 3 bed/1 bath is rented through MAY 2022 for $1725. Apartments are improved, and offer high ceilings, separate living/dining rooms, lots of windows, hardwood flooring, large private decks, gas forced heat, and central a/c in 3rd. Utilities are separate, renters pay for gas and electric while commercial tenant covers 70% of water. Age of the major systems/mechanicals are unknown. Building sold As-is. On a dynamic stretch of North Ave. with loads of eateries, adjacent to Bucktown, Wicker park and Logan Square, steps to beautiful Humboldt park, 2 blocks to the Bloomingdale trail. 6 blocks to nearest L stop, multiple bus stops and Divvy stations plus close access to the expressway. Area tenants include: Cermak Produce, Cafe Pachuca, North & Western Dental Clinic, Illumination Are & Design, Game Stop, Anytime Fitness, Walgreens, and much more! Continue reading
5,000 sq. ft
Exterior / Lot Features
2 Parking Spaces.
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Example seller's savings based on a total commission of 3.99% vs. a traditional 6%. It is subject to change based on agreement between seller and agent. More