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2234-2236 N Western Ave 5 Unit Apartment Building £1,046,494 (£209,299/Unit) Chicago, IL 60647
INVESTMENT HIGHLIGHTS
- Owner User Opportunity for restaurant space
EXECUTIVE SUMMARY
5-unit mixed use property in Bucktown/Logan Square neighborhood with 880 sq ft fast casual restaurant in the retail portion of the building. perfect for owner user or investor. 4 residential units all rehabbed in the last 8 years. 1-studio, 1- one bed one bath, 2 two-bedroom one bath. Large side yard for tenants to BBQ and relax. Potential to turn area into parking for 2 cars. Retail QSR has large patio for 3 season dining, open kitchen with black iron and hood, dish pit and grease trap, 2 bathrooms and prep area with large walk-n cooler. Great location along busy western Ave. in Bucktown logan square neighborhoods with many great area tenants including Allez Cafe, Agora Market, Chef's Special, Marge's Ice Cream, Walgreens, Subway, Logan Hardware and many more. 1/4 mile to western blue line, multiple bus stops going north and south along longest street in Chicago and easy access to Kennedy expressway. 2 blocks to Holstein Park and pool.
PROPERTY FACTS
| Price | £1,046,494 | Costar Property Class | C |
| Price Per Unit | £209,299 | Total Plot Size | 0.09 ac |
| Sale Type | Investment | Property Size | 3,280 sq ft |
| No. Units | 5 | No. Floors | 2 |
| Property Type | Build-to-Rent | Year Built/Renovated | 1888/2018 |
| Property Subtype | Apartment | Parking Allocation | 0.91/1,000 sq ft |
| Use Class | B3-2 - B3-2 | ||
| Price | £1,046,494 |
| Price Per Unit | £209,299 |
| Sale Type | Investment |
| No. Units | 5 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Costar Property Class | C |
| Total Plot Size | 0.09 ac |
| Property Size | 3,280 sq ft |
| No. Floors | 2 |
| Year Built/Renovated | 1888/2018 |
| Parking Allocation | 0.91/1,000 sq ft |
| Use Class | B3-2 - B3-2 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| Studios | 1 | - | - |
| Studios | 1 | - | - |
| 1+1 | 1 | - | - |
| 2+1 | 2 | - | - |
1 1
Walk Score®
Excellent pedestrian access (92)
Transit Score®
Excellent Public Transport (72)
Bike Score®
Ideal For Cyclists (94)
PROPERTY TAXES
| Parcel Number | 13-36-213-025-0000 | Improvements Assessment | £56,556 |
| Land Assessment | £16,751 | Total Assessment | £73,307 |
PROPERTY TAXES
Parcel Number
13-36-213-025-0000
Land Assessment
£16,751
Improvements Assessment
£56,556
Total Assessment
£73,307
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2234-2236 N Western Ave
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