Address
6324 N MILWAUKEE Avenue Chicago, IL
Price
$ 1,200,000
Property Attributes
  • MLS#11240699
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Norwood Park
  • NeighborhoodNorwood Park East
  • Zip60646
  • StyleCommercial
  • Year Built1959
  • Taxes$ 40468
  • Price$ 1,200,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7500
  • Lot Size5,200 SqFt
Listing Provided Courtesy Of:
Weichert, Realtors - All Pro
Data Source:
Midwest Real Estate Data (MRED)
Property Description

PRIME COMMERCIAL OPPORTUNITY NEAR THE BUSTLING INTERSECTION OF MILWAUKEE AVENUE (20,900 DAILY VEHICLE PER IDOT) AND DEVON AVENUE (12,500-17,500 VEHICLES PER IDOT). THIS TWO STORY ALL BRICK PROPERTY HAS APPROXIMATELY 7,500 SQUARE FEET AT THE VISIBLE CORNER OF MILWAUKEE AND HAFT. THE FIRST FLOOR HAS TWO ESTABLISHED RETAIL TENANTS, INCLUDING A 2810 SQ FT SCOOTER STORE WHICH HAS A SHOWROOM AND GARAGE SERVICE CENTER AND A 940 SQ FT HEALTH PRODUCTS STORE. THE SECOND FLOOR HAS FOUR SEPARATE SUITES WHICH HAVE BEEN MEDICAL RELATED SPACE IN THE PAST. THE INDIVIDUAL OFFICES OFFER APPROX. 900 SQ FT (SE), 800 SQ FT (SW), 900 SQ FT (NE) AND 800 SQ FT (NW). THE SECOND FLOOR IS AVAILABLE FOR IMMEDIATE OCCUPANCY. THE LONGTIME OWNER HAS ALWAYS KEPT THE PROPERTY IN TOP CONDITION. MECHANICALS FEATURE A FIRST FLOOR BOILER AND EIGHT SEPARATE ROOFTOP A/C UNITS. SOME TUCKPOINTING WORK WAS DONE IN 2018 AND THE ROOF RE-COATED IN 2020.

Price History
10/7/2021 Listed $1,200,000

General Features

Additional Parcels Y/N Yes
City Chicago
Construction Materials Brick
Cooling Central Individual
County Cook
Current Use Commercial
Days on Market 11
Directions ON MILWAUKEE, SOUTH OF DEVON
Electric Circuit Breakers, Separate Meters
Electric Expense 873
Fuel Expense 4226
Grossincome 110220
Insurance Expense 3071
Lot Size Square Feet 5200
MLS Area CHI - Norwood Park
Net Operating Income 56973
Operatingexpense 53247
Property SubType Neighborhood Storefront
Property Type Commercial Sale
Property Type Retail/Stores
Standard Status Active
Status Active
Stories 2
Street Name MILWAUKEE
Tax Annual Amount 40468
Tax Year 2020
Tenant Pays Varies by Tenant
Total Units 6
Township Jefferson
Virtual Tour https://my.matterport.com/show/?m=Zuju5tAcqTV&mls=1
Water Sewer Expense 974
Year Built 1959
Zoning COMMR

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 7500
Exterior Brick
Frontage Type City Street
Lot Dimensions 50 X 104

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60646

Price
AVG $350K
$1.2M
Taxes
AVG $15,412
$40,468
Visits
AVG 151
74
Year Built
AVG 1959
1959
Walkscore
AVG 81
79
Data Provided by Walkscore ® not using MLS data