1540 W NORTH Avenue

Chicago, IL
$ 995,000 Beds 0 Baths 0 Virtual Tour
Monthly Estimate* How much can I afford?

The street-level has an operational bar & restaurant with a full kitchen. All kitchen & bar equipment is included, not the inventory. 2nd level has 5 office spaces. 2nd level can also be deconverted to a 3/BR, 1/Bath apartment, already plumbed for gas/water/electrical. 3rd level has a 3/BR, 1/Bath apartment with 2 outdoor spaces. The building has 3 parking spots in the rear. Basic stats: 3/bedrooms, 1/bath apartment on 3rd floor, currently vacant, past rent was $2500; 5 office spaces on 2nd floor all vacant. Bar/restaurant on the main level with storage and office space in the basement currently leased, rent is $4300, tenant pays all own utilities [except water], lease expires 3/14/2024. Zoned C1-2 [commercial/residential]. The lot size is a standard 25 X 125. Great location and condition! Near 90/94. Surrounding businesses include Hyatt Place Hotel, Audi Fletcher Jones, Mercedes-Benz of Chicago, Hollywood Grill, MB Financial Bank, 5/3 Bank, Home Depot and 5 minutes to the Clybourn Corridor.

Commercial

  • Price
  • $ 995,000
  • Lot Size
  • Bedrooms
  • 0
  • Full Bathrooms
  • 0
  • Year Built
  • 1900
  • Half Bathrooms
  • 0
  • City, Zip
  • Chicago
  • Taxes
  • $ 16376
  • County
  • COOK
  • Style
  • Area
  • CHI - West Town
  • MLS#
  • 11035573
  • Zip
  • 60622
Listing Provided by: Baird & Warner
Data Source: Midwest Real Estate Data LLC

Features

General

Cooling Central Air
Electric Circuit Breakers
Property SubType Mixed Use
Property Type Commercial Sale
Property Type Mixed Use
Standard Status Active
Stories 3
Tax Annual Amount 16376
Total Units 3
Township North Chicago
Water Sewer Expense 1200
Zoning COMMR

Exterior Features

Frontage Type City Street
Lot Dimensions 25X125
Lot Size Square Feet 3950
Total Parking 3

Room Details

Dining Room
Family Room
Living Room
Master Bedroom

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Chicago, IL office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

3/29/2021 Listed $995,000

Property vs Zip Code Average in 60622

Price
AVG $780K
$1,000K
Taxes
AVG $16,079
$16,376
Visits
AVG 61
11
Year Built
AVG 1941
1900
Walkscore
AVG 94
93
Data Provided by Walkscore ® not using MLS data

Map

Areas That We Cover

1540 W NORTH Avenue Chicago, IL is a Single Family Home for sale at $995000 and a lot size of Acre(s). 1540 W NORTH Avenue Chicago has 0 bedrooms, 0 baths and was built in 1900. The property's zip code is 60622 which is in Chicago, IL

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided 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.