$1,099,000
5620 N Western Avenue
Chicago, IL, 60659
PRIME INVESTMENT OPPORTUNITY—8.1 CAP RATE—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. 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:
$1,099,000
MLS #:
MRD12661151
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Neighborhood:
chiwestridge
Listed Date:
May 28, 2026
Total Sq Ft:
4,800
Year Built:
1938
Schools
Interior
Cooling
Central Air
Flooring
Carpet, Wood
Exterior
Construction Materials
Brick
Roof
Rubber
Stories
3
Financial
Tax Year
2025
Taxes
$25,110
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
More About DebraMortgage Calculator
Map
Current real estate data for Commercial in Chicago as of Jun 01, 2026
910
Commercial Listed
188
Avg DOM
$1,009,638
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 $1,099,000 To schedule a showing of MLS#mrd12661151 at 5620 N Western Avenue in Chicago, IL, contact your Compass | Debra Dobbs | The Dobbs Group agent at 3123074909.
Copyright 2026. All rights reserved.
5620 N Western Avenue
Chicago, IL
