$2,150,000
6235-43 N Western Avenue
Chicago, IL, 60659
This 17-unit mixed-use asset is priced to sell at a current 7.8% current cap rate. The property consists of (12) 1br/1ba apartments, (5) commercial spaces, & (9) garage spaces in the rear. The (5) commercial spaces are all currently leases to a total of (3) tenants – E Basket US Inc, Gulshan Restaurant, & Afghan Village. The apartments are all 1br/1ba and feature individual HVAC. Current gross rents total $274,020 annually and there is plenty of room to grow that number. Recent capital improvements include a tear off roof and parapet work in 2021, rebuilt sewer line in 2025, 4/5 newer water heaters, and mostly copper plumbing. Please reach out to listing agent to learn more about this opportunity.
Property Details
Price:
$2,150,000
MLS #:
MRD12292925
Status:
Active
Beds:
0
Baths:
0
Address:
6235-43 N Western Avenue
Type:
Commercial
Neighborhood:
CHI – West Ridge
City:
Chicago
Listed Date:
Jan 27, 2025
State:
IL
Finished Sq Ft:
15,000
Total Sq Ft:
15,000
ZIP:
60659
Year Built:
1953
Schools
Interior
Cooling
Central Air, Central Individual
Exterior
Construction Materials
Brick
Financial
Tax Year
2023
Taxes
$26,773
Debra Dobbs is one of Chicago’s top realtors with more than 41 years in the real estate business.
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6235-43 N Western Avenue
Chicago, IL
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