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5601 S Western Avenue Chicago, IL 60636 • Commercial - Retail • Active

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Description

The north lot is 9,375 sf, and the south lot is 14,000 sf. The site is located at the southeast corner of 56th St and Western Ave. The site is currently zoned C2-2, which allows for a variety of uses. Property consists of 2 sites separated by an alley. The site was formerly occupied by a used car dealer. Currently, there are 2 structures on the site that were occupied by a used car dealer. Buildings could be renovated or torn down to accommodate a new development. The immediate area consists of many national and regional retailers, such as Dollar Tree, Dunkin Donuts, KFC, Advance Auto Parts, and a variety of independently owned retail, auto service businesses, and new/used car dealers. The neighborhood to the immediate east and west of Western Ave. is densely populated with single and multifamily residences.

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1979

General Information

County: Cook
Listed By:
Network Property Managment LLC 708-873-5540
MRED MLS
$749,000
Est. $4,757/mo
Active
SQUARE FEET2,300 MLS#12574745
STATUSActive PROPERTY TYPECommercial - Retail
TOUR PROPERTY

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Shown By

Melissa Streeter
 (563) 271-5624

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5601 S Western Avenue, Chicago, IL 60636.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $749,000$749,000$749,000
Down Payment $149,800$26,215$187,250
Monthly Mortgage Amount $3,497$4,292$4,479
Taxes $1042$1042$1042
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$329$0
Monthly Estimated Total $4,757$5,881$5,739

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