Austin Maas
- Buy
- Sell
https://www.ruhlmortgage.com/BlakeEller.html
Description
3-unit mixed use property on the border of Portage Park and Belmont Cragin. Rebuilt in 2013, with new mechanicals and interior finishings. Everything from the brick walls in was replaced. The commercial space is as a 4000+ sq. foot medical clinic on 2 levels. The main level features approximately 2625 sq. feet with a waiting room, exam and procedure rooms, office and staff kitchen spaces. The lower-level features approximately 1450 sq. feet with additional private office space. The space has potential to be subdivided and is available for rent for $4500/month. Tenant pays the utilities. Owner pays the property tax. Other uses for the space could be a spa/yoga/wellness center, legal or CPA offices or a training facility. Separate HVAC, hot water tanks and electric for all units. Other features include drain tile & sump pump-2025 & a generator for the commercial space. A separate entrance on the east side of the building provides access to the 2nd & 3rd floor apartments. Each apartment features 6 rooms, 3 bedrooms & 1 bath, with maple cabinet kitchens, in unit laundry, and separate mechanicals. Carport parking in the rear for 2 cars.
Property Highlights
Property Type: Commercial - Retail
Building Description: 3.0 stories
Year Built: 1930
General Information
County: Cook
Listed By:
Baird & Warner
773-775-1855
MRED MLS
MLS ID: 12628357
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5544 W Belmont Avenue, Chicago, IL 60641.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $895,000 | $895,000 | $895,000 |
| Down Payment | $179,000 | $31,325 | $223,750 |
| Monthly Mortgage Amount | $4,293 | $5,340 | $5,529 |
| Taxes | $1246 | $1246 | $1246 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $537 | $0 |
| Monthly Estimated Total | $5,800 | $7,384 | $7,036 |
Austin Maas
REALTOR®
Office: (563) 288-2997
Cell: (319) 325-0367
Licensed in IA
Muscatine Office
226 East 2nd Street
Muscatine, IA 52761
(563) 264-0240
Muscatine, IA 52761
(563) 264-0240
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