1538 N Western Avenue, Chicago, IL 60622

• 3,270 sqft

Property Description

Turnkey, mixed-use winner in prime Bucktown-ideal for an investor or a live-in owner who wants income from day one. Street-level retail is leased to long-term Mega Locksmith (with finished basement space incl. bathroom, laundry & sump); Mega would like to sign a 10 year lease, talk about a great anchor tenant; two 2BR/1BA apartments above are well-kept and leased (~2 yrs & ~5 yrs). Major building updates: electric, plumbing & HVAC ~3 yrs, office interior refreshed ~3 yrs, windows ~5 yrs, roof ~10 yrs. On-site alarm (operated by retail). Low operating expenses and stable tenancy = immediate, durable cash flow. Unbeatable location near The 606/Bloomingdale Trail, Damen/Milwaukee/North shops, and the Damen Blue Line-perfect for renters and future appreciation. Walk to neighborhood favorites like Le Bouchon, Small Cheval, Piece Brewery, The Map Room, Ipsento, and The Robey rooftop; minutes to galleries, boutiques, and the Bucktown/Wicker Park festival scene. Surrounded by ongoing residential rehabs and retail refreshes along the corridor. Live in one unit and let the other units (plus the retail) help take care of the mortgage-or hold as a low-touch, cash-flowing asset in a high-demand rental pocket.

Listing Status:

Active

Listing Office:

eXp Realty : 312-852-7802

Listing Agent:

Zach Shepard : 312-852-7802

MLS ID:

12434548

Interior

• A/C: Central Air

Location

• Originating MLS: mred
• County: Cook

Lot

• Zoning: COMMR16012070280000

Utilities

• Utilities: Circuit BreakersService - 101 to 200 Amps

Financial

• Source: mred

This listing courtesy of Zach Shepard, eXp Realty