6235-43 N Western Avenue
Chicago, IL, 60659
$2,190,000
Beds
0 Baths
15,000 SqFt
0 Acres
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$2,190,000
6235-43 N Western Avenue
Chicago, IL, 60659
MLS #MRD12292925 img 0MLS #MRD12292925 img 1MLS #MRD12292925 img 2MLS #MRD12292925 img 3MLS #MRD12292925 img 4MLS #MRD12292925 img 5MLS #MRD12292925 img 6MLS #MRD12292925 img 7MLS #MRD12292925 img 8MLS #MRD12292925 img 9MLS #MRD12292925 img 10MLS #MRD12292925 img 11MLS #MRD12292925 img 12MLS #MRD12292925 img 13MLS #MRD12292925 img 14MLS #MRD12292925 img 15MLS #MRD12292925 img 16MLS #MRD12292925 img 17MLS #MRD12292925 img 18MLS #MRD12292925 img 19MLS #MRD12292925 img 20
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:
$2,190,000
MLS #:
MRD12292925
Status:
Active
Beds:
0
Baths:
0
Address:
6235-43 N Western Avenue
Type:
Commercial
Subtype:
Apts/Ofc/Store,Automotive
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

Net Operating Income
$171,421
Tax Year
2023
Taxes
$26,773
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Debra Dobbs

Debra Dobbs

Realtor®

Phone 312 307-4909

Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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disclosure
Courtesy of Horvath & Tremblay IL, LLC. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the Chicago, IL. Detailed information about real estate listings held by brokerage firms other than Compass / The Debra Dobbs Group include the name of the listing broker. Neither the listing company nor Compass / The Debra Dobbs Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. Chicago, IL. All rights reserved.
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6235-43 N Western Avenue
Chicago, IL