5318 W North Avenue Chicago, IL 60639

Other MLS #: 12716801 Courtesy Of RLB Realty Group, Inc.

Property InformationDescription

Mixed-Use Investment Opportunity with Vacant Residential Units and Existing Commercial Space! This mixed-use building features a street-level commercial space approximately 1,044 square feet, two 2-bedroom, 1-bath residential apartments with separate living and dining rooms, and a detached two-car garage. The residential units are currently vacant, providing flexibility for future occupancy, leasing, or improvements. The commercial space is currently occupied by a month-to-month tenant under a non-traditional lease arrangement. The tenant is affiliated with the current ownership, and the existing rental terms are not reflective of market rent. The tenant has expressed interest in continuing occupancy, subject to negotiation of future lease terms between the tenant and the future owner. The property offers flexibility for investment or owner-occupancy opportunities, subject to applicable zoning and municipal requirements. Located on North Avenue with street frontage and convenient access to public transportation, shopping, restaurants, and major expressways. Property is being sold AS IS. Buyer is responsible for conducting all desired inspections and independently verifying room dimensions, square footage, zoning, permitted uses, leases, rental information, taxes, and all other information material to the purchase.

Features

  • Age: Over 50 Years Old
  • Building Units: 3
  • Exterior Type: Brick
  • Floor Covering: Wood
  • Floor Covering: Tile
  • Floor Covering: Carpet
  • Floors: 3
  • MLSID: 12716801

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5318 W North Avenue, Chicago, IL 60639
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