Multifamily Housing - For Sale
1534 North Western Avenue Chicago, IL 60622
Details & Description
Price: $995,000
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.063
  • Building Sq Ft 4,500
  • Building Price per Sq Ft $221.11
  • Land Sq Ft 2,729
  • Land Price per Sq Ft $364.60
HighlightsHot West Wicker ParkLegal 5 residential units in commercial (C1-2) zoningSolid brick constructionFull basement with duplex/value add potentialZero vacancies in 10+ yearsDescriptionATTENTION INVESTORS / OWNER OCCUPIERS! LOCATED IN HOT WEST WICKER PARK. LEGAL 5-UNITS WITHIN TWO SOLID BRICK BUILDINGS - 3 UNITS IN FRONT (TWO 2BD/1BTH + ONE 1BD/1BTH), AND 2 UNITS IN REAR COACH HOUSE (3BD/1BTH + 1BD/1BTH). FULL BASEMENT IN FRONT WITH POTENTIAL TO DUPLEX DOWN GROUND LEVEL UNIT. VALUE ADD POTENTIAL IN ALL 5 UNITS, BUT ZERO VACANCIES IN 10+ YEARS AS-IS. ALL UNITS CURRENTLY MONTH-TO-MONTH TERMS, BUT TENANTS WILLING TO SIGN 1+ YEAR LEASES IF DESIRED. IDEAL FOR OWNER OCCUPIER SEEKING RENTAL INCOME TO COVER MORTGAGE/EXPENSES. **3-D VIRTUAL TOUR + ADDITIONAL PHOTOS AVAILABLE UPON REQUEST**LocationWest Wicker Park
Listing Agents
Jason Hiller

O: 773-412-3899
jhiller@jameson.com
While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

1534 North Western Avenue

Chicago, IL 60622

Listing ID: 202055
$995,000
For Sale
  • Property Type Multifamily for Sale
  • Lot Size Acres 0.063
  • Building Sq Ft 4,500
  • Building Price per Sq Ft $221.11
  • Land Sq Ft 2,729
  • Land Price per Sq Ft $364.60
1534 North Western Avenue Chicago, IL 60622 | for Sale | Photo 1
Description

Highlights

Hot West Wicker Park

Legal 5 residential units in commercial (C1-2) zoning

Solid brick construction

Full basement with duplex/value add potential

Zero vacancies in 10+ years

Description

ATTENTION INVESTORS / OWNER OCCUPIERS! LOCATED IN HOT WEST WICKER PARK. LEGAL 5-UNITS WITHIN TWO SOLID BRICK BUILDINGS - 3 UNITS IN FRONT (TWO 2BD/1BTH + ONE 1BD/1BTH), AND 2 UNITS IN REAR COACH HOUSE (3BD/1BTH + 1BD/1BTH). FULL BASEMENT IN FRONT WITH POTENTIAL TO DUPLEX DOWN GROUND LEVEL UNIT. VALUE ADD POTENTIAL IN ALL 5 UNITS, BUT ZERO VACANCIES IN 10+ YEARS AS-IS. ALL UNITS CURRENTLY MONTH-TO-MONTH TERMS, BUT TENANTS WILLING TO SIGN 1+ YEAR LEASES IF DESIRED. IDEAL FOR OWNER OCCUPIER SEEKING RENTAL INCOME TO COVER MORTGAGE/EXPENSES. **3-D VIRTUAL TOUR + ADDITIONAL PHOTOS AVAILABLE UPON REQUEST**

Location

West Wicker Park

Points of Interest & Demographic Radii
Points of Interest
Demographic Radii
POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
 
Chicago History of Multifamily Housing for Sale

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Chicago Area Market Trends

Listing Demographics for 1534 North Western Avenue Chicago, IL 60622

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

1-Mile 3-Miles 5-Miles
Total Population70,277515,8161,323,495
Population Median Age343436
Population by Age0-9 Yrs7162 (10%)57985 (11%)143285 (10%)
10-19 Yrs4135 (5%)44053 (8%)123213 (9%)
20-29 Yrs17874 (25%)125026 (24%)281794 (21%)
30-39 Yrs20386 (29%)117256 (22%)272494 (20%)
40-49 Yrs8964 (12%)64167 (12%)164812 (12%)
50-59 Yrs5502 (7%)45671 (8%)136872 (10%)
60-69 Yrs3511 (4%)35255 (6%)113008 (8%)
70+ Yrs2744 (3%)26403 (5%)88017 (6%)
Median HH Income$98,777$87,207$75,632
Total Household Income< 24K4336 (13%)37557 (17%)107461 (19%)
25-49K3590 (11%)30661 (13%)92274 (16%)
50-74K4061 (13%)29388 (13%)80534 (14%)
75-99K3796 (12%)25049 (11%)64958 (11%)
100-199K9394 (30%)58772 (26%)137406 (24%)
200K+6018 (19%)38249 (17%)81196 (14%)
Highest Education LevelNo Diploma358038386123207
Diploma or GED641152096155305
Some College510943054124891
Assoc. Degree21871526642674
Bachelors Degree23184133526289421
Higher Degree1423789797216093
Total Housing Units34,067245,180637,953
--Owner-Occupied12,16988,851227,491
--Renter-Occupied19,026130,825336,339
Owner-Occupied Values< 100K219302910388
100-199K307716229884
200-299K14611438247428
300-399K24421512740992
400-499K21271360128354
500K+56133555070445
Total Working Age Population60,398431,4341,108,529
In Work Force49,497331,008797,319
Not In Work Force10,901100,427311,209
Workforce Employed48,157316,478755,426
Workforce Unemployed1,33514,47441,440
Civlian Workforce49,492330,952796,866
Military Workforce655453
Total Households31,195219,676563,830
Family Households13,03898,767264,673
Non-Family Households18,156120,908299,156
Married Couple9,49969,060180,394
Other Family3,53929,70784,280
Married w/Child3,98029,58069,020
Single Male w/Child4142,7778,307
Single Female w/Child1,07910,92930,315

Population Change Last Two Decades - Plus Projection

2000%2010%2020%2030
Illinois12,419,293+312,830,632+1214,316,487+615,138,849
Cook County5,376,741-35,194,675+105,707,832+55,990,243

Total Working Age Population:

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Closest Commercial Airports
Airport Distance (mi)
Chicago Midway International Airport (MDW) 9
Chicago O'Hare International Airport (ORD) 12
South Bend Regional Airport (SBN) 72
Listing Agent
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