Multifamily Housing
1534 North Western Avenue Chicago, IL 60622
Details & Description
Price: $995,000
    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
    Property ID:    202055
    Property URL: melqr.com/202055
    Generated:    04-28-24
    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.
    Illinois / Chicago / 60622 / 1534 North Western Avenue

    1534 North Western Avenue

    Chicago, IL 60622

    Listing ID: 202055
    Print Single-Page Version
    1534 North Western Avenue Chicago, IL 60622 | for Sale | Photo 1
    Building Size: 4,500 SF
    Lot Size: 0.063 AC
    Land Size: 2,729 SF
    Building $/SF: $221.11
    Land $/SF: $364.60
    Price
    $995,000
    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:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    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.

    Common Questions and Answers

    What is the asking price for 1534 North Western Avenue in Chicago?
    The asking price for 1534 North Western Avenue is $995,000
    What is the building size of this Multifamily property in Chicago, IL?
    The size of the building/unit at 1534 North Western Avenue in Chicago is 4,500 square feet
    How much land does the Chicago, IL property at 1534 North Western Avenue include?
    1534 North Western Avenue in Chicago includes 0.063 acres of land
    What is the population within 1 mile of 1534 North Western Avenue in Chicago?
    The population within 1 mile of 1534 North Western Avenue Chicago, IL 60622 is 70,277 people.
    Who do I contact for questions about 1534 North Western Avenue?
    You should contact the listing agent, Jason Hiller, for any details regarding this commercial listing.

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    3126 West Walton Street, Chicago, IL $4,100,000 16000 -
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    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
    Price
    $995,000
    Listing Agent
    Jason Hiller - CRE Agent at

    Jason Hiller

    Jameson CRE

    VIEW AGENT PROFILE

    CONTACT AGENT

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