5525 West North Avenue

Chicago, IL 60639

$310,000
Price
Beds
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

This mulit-unit, mixed use building provides a space for a tavern (zoned), restaurant or daycare on the first level with owners apartment unit on the 2nd level. updated baths, flooring, walls, wet bar and paint. The apartment has hardwood floors throughout, decorative fireplace, clean and modern kitchen and 3.5 bedrooms. The commercial space was previously a tavern but can be converted into any storefront, garage, store, this building has so much potential, just awaiting your vision to bring it back...This mulit-unit, mixed use building provides a space for a tavern (zoned), restaurant or daycare on the first level with owners apartment unit on the 2nd level. updated baths, flooring, walls, wet bar and paint. The apartment has hardwood floors throughout, decorative fireplace, clean and modern kitchen and 3.5 bedrooms. The commercial space was previously a tavern but can be converted into any storefront, garage, store, this building has so much potential, just awaiting your vision to bring it back to life! There is also a full basement which provides additional space/storage. The location can not be beat, on the highly traffic North Ave, walking distance to public transportation, walk to train as well and minutes from I-290! Tavern location is well known. Proof of funds prior to reviewing tenant occupied unit.
  1. Listed by Marlon Ewing • Expert Realty

Property Details for 5525 West North Avenue

Area
CHI - Austin
Township
West Chicago
Zoning
OTHER
LISTING UPDATED: 11/15/2024 02:51 PM

Property Details for 5525 West North Avenue

StatusActive
MLS #12206367
Days on Market57
Taxes$5,429 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale
Year Built1925
Lot Size0.09 AC / 3,943 SF
CountyCook County

Building Information for 5525 West North Avenue

Stories2Residences2Year Built1925Lot Size0.09 AC / 3,943 SF

Property Information for 5525 West North Avenue

General Information
Location and General Information
  • Geographic Locale: Chicago West
  • Information: 24-Hr Notice Required,Show-Lock Box,None
  • Postal Code Plus 4: 4207
Taxes and HOA Information
  • Additional Parcels: No
Property Information
Interior Features
  • Air Conditioning: Central Individual
  • Electric: Circuit Breakers
  • Heat/Ventilation: Gas
  • Num of Baths: 0.0
Exterior Features
  • # Of Apts: 1
Property/Lot Information
  • Tenant Pays: Air Conditioning, Electricity, Heat, Other
  • Built Before 1978: Yes
  • Approximate Age: Older
  • Lot Dimensions: 3,125
  • Lot Size Square Feet: 3943.0
  • Stories: 2
  • Exterior Building Type: Brick
  • Construction: Brick, Block
  • Roof Type: Fiberglass, Rubber
  • Fire Protection: None
  • Roof Structure: Flat
  • Building Area Total: 2500
  • # Of Offices: 0
  • Retail SqFt: 3500
  • # Of Stores: 1
  • Property Sub Type: Apts/Stores
Property and Assessments
  • Buyer Financing: Conventional
  • Public Document Count: 0
  • Photos Count: 11
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Virtual Tour YN: No
Multi Family
Multi-Family Information
  • Number Of Units Total: 2
Income & Expenses
  • Electric Expense: $.00
  • Fuel Expense: $.00
  • Gross Income: $.00
  • Gross Scheduled Income: $.00
  • Insurance Expense: $.00
  • Total Monthly Income: 0
  • Net Operating Income: $.00
  • Operating Expense: $.00
  • Other Expense: $.00
  • Trash Expense: $.00
  • Water Sewer Expense: $.00

Property History for 5525 West North Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 5525 West North Avenue

Taxable ValueLand$3,125Additions$23,875Total$27,000
Tax Record2022$5,553 ($463 / month)
Home Facts
Baths1Total Finished SqFt2,942 SqFtAbove Grade Finished SqFt2,942 SqFtStories2Lot Size3,125 SqFtStyleMulti-Family Res (5+ Units)Year Built1927CountyCOOKAPN16-04-101-003

Schools near 5525 West North Avenue

This home is within Chicago Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Charter - 9 to 12
Public - 9 to 12
Rating
School
Distance
Young Elementary School
PublicPK to 8

Orr Academy High School
Public9 to 12

Noble St Charter-Itw Speer Acad
Charter9 to 12

Prosser Career Academy High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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5525 West North Avenue is a mixed use property for sale in Chicago, IL 60639. This property was listed for sale on November 8, 2024 by Expert Realty, it's currently listed at $310,000. It has been on the market for a total of 57 days and was last sold on July 31, 2019. This listing's school district is Chicago Public Schools. Nearby schools include Young Elementary School, Orr Academy High School and Noble St Charter-Itw Speer Acad. 5525 West North Avenue is a 0-bed, 0-bath, mixed use property built in 1925.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Expert Realty

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Based on information submitted to the MLS GRID as of 11/15/2024 02:51 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.