1525 Devon Avenue

    Chicago, IL 60660
    • $425,000
    • STATUS: Active
    • ON SITE: 333 days
    • MLS #: 10020501
    UPDATED: 215 min ago
    $425,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,590
      SQFT
    • $164
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1900
    County:

    School Ratings & Info

    Description

    Mixed use building in Andersonville/Edgewater on a busy foot traffic, between Clark & Glenwood. This building features two retail stores currently occupied by a barber shop and a vacant unit awaiting for your idea; both retail stores have central heating, & window A/C units . First apartment is duplexed to the basement and has three bedrooms and one bath. Second apartment has 3 bedroom/1bath, living room with double glass doors leading you to a huge deck. Both apartments have central heating and air conditioning units. There are two outdoor parking spaces and currently renting to first floor apartment and barber shop tenants. Unfinished attic. Total rental incomes are $50400/year, NOI $36791, Cap Rate is at 8.7% ! It's truly a great buy!

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    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2019-06-15T23:51:11.883 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    www.thewexlergroup.com/homes/85685843

    1525 Devon Avenue Chicago, IL 60660

    • Price: $425,000
    • Status: Active
    • Updated: 215 min ago
    • MLS #: 10020501
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    2,590
    SQFT
    $164
    $/SQFT
    1900
    Built
    Neighborhood:
    Chi - Edgewater
    County:
    Cook
    Area:
    Chi - Edgewater
    Property Description
    Mixed use building in Andersonville/Edgewater on a busy foot traffic, between Clark & Glenwood. This building features two retail stores currently occupied by a barber shop and a vacant unit awaiting for your idea; both retail stores have central heating, & window A/C units . First apartment is duplexed to the basement and has three bedrooms and one bath. Second apartment has 3 bedroom/1bath, living room with double glass doors leading you to a huge deck. Both apartments have central heating and air conditioning units. There are two outdoor parking spaces and currently renting to first floor apartment and barber shop tenants. Unfinished attic. Total rental incomes are $50400/year, NOI $36791, Cap Rate is at 8.7% ! It's truly a great buy!
    Exterior Features

    Construction BrickConcrete Docks None Foundation Concrete Frontage Access City Street Location Mixed Use Area Lot Dimensions 25 X 113 Lot Sq Ft 2825 Number Of Parking Spaces 2 Roof Coverings Rubber Roof Structure Flat

    Interior Features

    Air Conditioning Window Unit/S Miscellaneous Inside Multi-TenantStorage InsideBasement Number Of Apts 2 Number Of Dishwashers 2 Number Of Disposals 0 Number Of Dryers 1 Number Of Fireplaces 0 Number Of Offices 0 Number Of Ranges 2 Number Of Refrigs 2 Number Of Stores 2 Number Of Stories 2 Number Of Washers 1 Outdoor Parking 1-5 SpacesOpenPaved

    Property Features

    Age Older Built Before1978 YN Yes Current Use CommercialZoning Change Required Electric Expense Source Actual Electrical Service Separate Meters Electricity Expense 410 Estimated Cam SF 0 Expense Year 2018 Exterior Building Type Vinyl SidingBrick Fuel Expense 1219 Fuel Expense Source Actual Geographic Locale Chicago North Green Supporting Documents No Gross Rental Income Amount 50400 Heat Ventilation Forced AirGas Insurance Expense 2618 Insurance Expense Source Actual Known Encumbrances First Mortgage Lease Type Gross Miscellaneous Outside Other Net Oper Income Amount 50400 Net Operating Income Year 2018 Number Of Tenants 3 Number Of Window Ac 0 Other Expense Source Owner Projection Other Expenses 0 Owners Assoc YN No Possession Closing Rental Price 238 Tax Year 2016 Taxes 7890 Tenant Pays Air ConditioningElectricHeat Total Annual Exp 13609 Total Annual Expense Source Actual Total Annual Income 50400 Total Monthly Income 4200 Township North Chicago Unincorporated YN No Washer Dryer Lsd YN No Water Expense 1472 Water Expense Source Actual Zoning Type Commr

    Listing information © 2019 Midwest Real Estate Data LLC.
    Listing provided courtesy of Dream Town Realty.


    © 2019 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group. Based on information submitted to the MRED as of 2019-06-15T23:51:11.883 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
    The Wexler Group
    16123 S LaGrange Road
    Orland Park IL, 60467