Address
6135 N Northwest Highway N Chicago, IL
Price
$ 995,000
Property Attributes
  • MLS#11316655
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - Norwood Park
  • Zip60631
  • StyleCommercial
  • Year Built1937
  • Taxes$ 22277
  • Price$ 995,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7370
  • Lot Size11,025 SqFt
Listing Provided Courtesy Of:
Roger H Evans, REALTOR, Inc
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Amazing Opportunity to own one of Norwood's most iconic architectural masterpieces, with 75 feet of Prime Norwest Highway frontage, this building has solid tenancy and is an excellent income producer. The tenants are all E-commerce Proof. The building has been substantially improved over the last 5 years with New Mechanicals, high efficiency HVAC systems, 60 mil EPDM rubber roofing, tuck pointing, facia, full list of improvements available upon request from qualified buyers. There are also additional spaces that are able to be rented for even more revenue. The current leases are all below market rate. This is excellent investment with nearly $90,0000 in Net income in a superb location that will only continue to appreciate. Perfect Arm Chair Investment.

Price History
2/2/2022 Listed $1,190,000
6/27/2022 17% - $995,000

General Features

Additional Parcels Y/N Yes
City Chicago
Construction Materials Brick, Concrete, Steel Siding
Cooling Central Air, Central Individual
County Cook
Current Use Commercial
Days on Market 147
Directions Northwest Highway just West of Niagara
Electric Circuit Breakers, Service - 101 to 200 Amps
Grossincome 114240
Leasable Area 7370
Lease Type N/A
Lot Size Square Feet 11025
MLS Area CHI - Norwood Park
Net Operating Income 85208
Operatingexpense 22277
Property Type Commercial Sale
Property Type Retail/Stores
Roof Rubber, Slate
Standard Status Active
Status Price Change
Stories 2
Street Name Northwest
Tax Annual Amount 22277
Tax Year 2020
Tenant Pays Air Conditioning, Electricity, Heat, Scavenger, Tax Stops, Sewer
Total Units 3
Township Jefferson
Utilities Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal
Year Built 1937
Zoning COMMR

Interior Features

Street Suffix Highway

Exterior Features

Building Area Total 7370
Exterior Brick, Shakes, Stone, Slate
Foundation Details Concrete Perimeter
Frontage Type City Street, Public Road, US Highway
Lot Dimensions 75X147
Total Parking 12

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 60631

Price
AVG $320K
$1,000K
Taxes
AVG $17,385
$22,277
Visits
AVG 89
15
Year Built
AVG 1947
1937
Walkscore
AVG 79
84
Data Provided by Walkscore ® not using MLS data