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About the Listing 12619 - 1012118
Mixed-Use Investment Opportunity with Vacant Residential Units and Existing Commercial Space! This mixed-use building features a street-level commercial space approximately 1,044 square feet, two 2-bedroom, 1-bath residential apartments with separate living and dining rooms, and a detached two-car garage. The residential units are currently vacant, providing flexibility for future occupancy, leasing, or improvements. The commercial space is currently occupied by a month-to-month tenant under a non-traditional lease arrangement. The tenant is affiliated with the current ownership, and the existing rental terms are not reflective of market rent. The tenant has expressed interest in continuing occupancy, subject to negotiation of future lease terms between the tenant and the future owner. The property offers flexibility for investment or owner-occupancy opportunities, subject to applicable zoning and municipal requirements. Located on North Avenue with street frontage and convenient access to public transportation, shopping, restaurants, and major expressways. Property is being sold AS IS. Buyer is responsible for conducting all desired inspections and independently verifying room dimensions, square footage, zoning, permitted uses, leases, rental information, taxes, and all other information material to the purchase.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Office Only
- Heating: Central Bldg Heat,Central Heat/Indiv Controls,Electric,Forced Air,Gas,Hot Water,Radiators
- Fireplaces: 0
- Floor: Carpet,Tile,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Municipal Water
Exterior Details
- Garage Capacity: N/A
- Lot Dimensions: 25 X 120
- Roof:
- Others:
- Sewer:
- Parking Features: Parking-Street,1-5 Spaces,Detached
Financial Details
- Tax Amount: $3,376
- Taxes w/Assessments: N/A
- Tax/Property ID: 13333240320000
- Tax Year: 2023
Payment Calculator
Monthly Payment
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- in Taxes
Questions About..
5318 W North Ave Chicago, IL 60639
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