$1,199,000
5620 N Western Avenue
Chicago, IL, 60659
ARCADIA TERRACE INVESTMENT OPPORTUNITY—FULLY occupied THREE-lot / THREE pin investment/owner property with a tremendous traffic count and C1-2 ZONING for many businesses. Rent increases coming in September. ALL TENANTS ARE ON YEARLY LEASES EXCEPT FOR 5822 WHICH IS M-T-M. From left to right it consists of: 5618-gated parking lot/5620 three story mixed use—ALL NEW REHAB– with a store, 200 amp panel, front-back office plus three private offices, upstairs has two 2-BR apartments, 100 amp panel, with separate dining, all with separate NEW HVAC plus hardwood floors plus all NEW steel back decks, NEW hot water tank, NEWER roof-5 years, rebuilt parapets, tuckpointed/5622 is a free standing 1 story flexi-core commercial garage—levels can be added—200-amp 3-phase+200amp panel. Tenants in 5620 all expire in 2024, 5620+18 are MTM, rents. Just slightly north of Bryn Mawr and adjacent to the booming Devon corridor along with Lincoln Square, Ravenswood, Edgewater. Easy access to public transportation and Lake Shore Drive.
Property Details
Price:
$1,199,000
MLS #:
MRD12339360
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
CHI – West Ridge
Listed Date:
Apr 15, 2025
Finished Sq Ft:
4,800
Total Sq Ft:
4,800
Year Built:
1938
Schools
Interior
Cooling
Central Air
Flooring
Carpet, Wood
Exterior
Construction Materials
Brick
Roof
Rubber
Financial
Tax Year
2023
Taxes
$24,110
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
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Current real estate data for Commercial in Chicago as of Sep 19, 2025
1,107
Commercial Listed
163
Avg DOM
157
Avg $ / SqFt
$1,043,009
Avg List Price
Community
- Address5620 N Western Avenue Chicago IL
- CityChicago
- CountyCook
- Zip Code60659
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Property Summary
- 5620 N Western Avenue Chicago IL is a Commercial for sale in Chicago, IL, 60659. It is listed for $1,199,000 To schedule a showing of MLS#mrd12339360 at 5620 N Western Avenue in Chicago, IL, contact your Compass / The Debra Dobbs Group agent at 3123074909.
5620 N Western Avenue
Chicago, IL
