$210,000
5523 W Chicago Avenue
Chicago, IL, 60651
7 commercial units Can rent for up to $116,000 per year fully occupied. 5 units are occupied 2 are vacant. Currently bringing in 6700 per month in rent. 2 vacant units need a total rehab 7 store fronts. Rents for up to $9700 per month after rehabbed and fully occupied. Breakdown of each unit below: 1. Rented by Accounting company has been there since 2018. His rent is $1500 2. Event Space rent is $1500 a month. 3. Clothing and Cigar Store $1100 a month rent. 4. Restaurant being rehab right now. Received 6 months FREE rent. His rent will be $1800 per month 5. Event Space VACANT 6. Vacant Space ( NEEDS GUT REHAB ) 7. Storage space being rented by clothing and cigar shops for $800 a month. Property is sold as is. Buyer will have to take over city violations
Property Details
Price:
$210,000
MLS #:
MRD12490942
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chiaustin
Listed Date:
Oct 8, 2025
Total Sq Ft:
9,000
Year Built:
1922
Schools
Interior
Cooling
Central Air
Exterior
Financial
Tax Year
2023
Taxes
$43,090
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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Current real estate data for Commercial in Chicago as of Oct 27, 2025
1,121
Commercial Listed
166
Avg DOM
157
Avg $ / SqFt
$1,048,350
Avg List Price
Community
- Address5523 W Chicago Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60651
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Property Summary
- 5523 W Chicago Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60651. It is listed for $210,000 To schedule a showing of MLS#mrd12490942 at 5523 W Chicago Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5523 W Chicago Avenue
Chicago, IL
