5744 W Irving Park Road
Chicago, IL 60634

Status: Sold
Office/Tech
0 beds
0 baths
13,000 sq.ft
Listing Price: $599,000

About this home

Approx. 13, 000 Sqr Ft commercial building on a very busy Irving Park Rd. Second Floor and Lower Level is rented by long time reliable tenants. Great city location, many option to start your robust business within days, great location and very busy foot traffic area. is rented with solid leases. Top floor is approx. 4000 sqr. ft, with additional space outside, roof top patio. This is a great opportunity for investor or someone who like to start their own business. Must visit to see the various business options this location offers.

Property details

Property / Lot Details
Approximate Age 26-35 Years
Acreage 0.14
BuildingAreaTotal 13000
Property Type Office/Tech
Lot Dimensions 50X125
Fire Protection Alarm Monitored, Alarm On Site, Fire Extinguisher/s, Hydrants On Site
LotSizeSquareFeet 6250
PropertySubType Office
NumberOfUnitsTotal 3
School / Neighborhood, Utilities, Financing, Location Details
Air Conditioning Central Air
Area Major CHI - Portage Park
Zoning Type COMMR
Directions Northside of Irving Park Road, east of Austin Ave, and east of Central Ave.
Electricity Circuit Breakers, Separate Meters, Service - 201 to 600 Amps
Geographic Locale Chicago Northwest
Township North Chicago
Virtual Tour, Parking / Garage, Exterior Features, Multi-Unit Information
Approx Year Built 1989
ConstructionMaterials Brick ,Concrete
Exterior Building Type Brick, Block, Stucco
MRD Virtual Tour None
Interior Features
Heat/Ventilation Forced Air,Gas
Misc Inside Elevator/s Passenger, Inside Corridor/s, Private Restroom/s
Stories 2

Financials

Leasable Area Units Square Feet
Investment Profile Commercial Sale
CapRate 10
Expense Year 2019
Financing Conventional
Gross Rental Income $84,000
ExistingLeaseType N/A
LeasableArea 4500
Net Oper Income $72,699
Net Operating Income Year 2020
Total Monthly Income 7000
OperatingExpense 11300

Tax/Assessments/Liens

PIN 13174250280000
Taxes $11,301
Tax Year 2019
$599,000 Listing Price:
MLS # 11223707
Investment Profile Commercial Sale
Listing Market Time 328 days
Basement
List Date 09/18/2021
Year Built 1989
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