Courtesy of: @properties Christie's International Real Estate
Days On Market: 34
Year Build: 1923
Address: 4054 N Western Avenue
Neighborhood: Chi - North Center
Property Taxes: $6,625
Tax Year: 2020
Opportunity awaits with this rarely available 5-unit money maker in North Center with B3-2 zoning. This fully rehabbed (2015-2020) multi-unit building sits on an expansive corner lot with (3) residential units and (2) commercial units. The 3 residential units consist of a ground level, 500SF studio unit with 12' ceilings, and a private entrance on Belle Plaine. The second floor consists of a 3 bedroom 1 bath with an open floor plan with a 2000SF cedar deck off the front bedroom and a fully furnished 600SF cedar roof deck with an outdoor fireplace on the rear. The third floor boasts a 2 bedroom 1 bath with cathedral ceilings and a large bathroom with double vanity and cathedral ceiling. The building is powered by an underground, 400amp electrical service with 2 underground fiber-optic internet lines at the rear. This parcel has approx. 33' of a storefront on Western Avenue and a beautiful parkway with grass areas and flowerbeds surrounding the driveway on the Belle Plaine side. The 2 commercial units consist of a fully equipped and operational cafe and sandwich shop with a double entrance, 2 walk-up windows, a sidewalk cafe permit on both front and side, and a 35' -15 minute loading zone on the Belle Plaine Ave side. This fantastic parcel rests in the North Center neighborhood and is in the highly desirable Coonley School District. Walk to parks surrounding the building (Wells, Revere, California, and Horner), and 2 blocks from the Chicago River and the new 312 Riverwalk, and Lincoln Avenue nightlife is only 3 blocks away. The Western Ave bus stop is right out front, and the Brown line train is 5 blocks to the east. Roughly $8,000 in rent each month. The perfect location for your next investment! All building maintenance equipment, outdoor furniture and salon/shop equipment are included in this sale, making this a totally turn-key situation. 48 hours notice required for all showings Monday through Thursday.