$995,000

1538 N Western Avenue, Chicago, IL 60622

  • 3,270 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1911
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $304/sqft
  • Property List Date Icon Listed 3 months ago

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
  • A/C: Central Air
  • Originating MLS: mred
  • County: Cook
  • Zoning: COMMR16012070280000
  • Utilities: Circuit BreakersService - 101 to 200 Amps
  • Source: mred

This listing courtesy of Zach Shepard, eXp Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  â€ 
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Schools Nearby

S

Sabin Elementary Magnet School

2216 W Hirsch St, Chicago, IL, 60622

Grades PK-8

0.28 miles away

S

Sabin Elementary Magnet School

2216 W Hirsch St, Chicago, IL, 60622

Grades PK-8

0.28 miles away

P

Pathways in Education - Humboldt Park High School

2421 W Division St, Chicago, IL, 60622

Grades 9-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

Similar Listings Nearby