Chicago, IL 60636,6500 S Western AVE
Chicago, IL 60636,6500 S Western AVE
Chicago, IL 60636,6500 S Western AVE
Chicago, IL 60636,6500 S Western AVE
Chicago, IL 60636,6500 S Western AVE
See all 5 photos

$657,500

$699,000

5.9%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

7,671 SqFt


SOLD DATE : 12/10/2018

Key Details

Sold Price $657,500

Property Type Commercial

Sub Type Retail/Stores

Listing Status Sold

Purchase Type For Sale

Square Footage 7,671 sqft

Price per Sqft $85

MLS Listing ID 09994717

Sold Date 12/10/18

Year Built 2006

Annual Tax Amount $24,540

Tax Year 2017

Lot Dimensions 109 X 125

Property Sub-Type Retail/Stores

Property Description

Newer 7,671 sf retail center on a 13,750 sf site. This is a value-add opportunity with 46% of the center currently vacant. 65th & Western is a signaled corner, and the property is across the street from a McDonald's restaurant. This is a densely populated area with great visibility and heavy traffic at this location. There are a variety of businesses along Western Ave which include: auto dealerships, retail, mixed use and service type businesses. Major retailers the area include Dollar General, Auto Zone, Advance Auto Parts , McDonald's, Wendy's, and Dunkin Donuts. Existing Tenants include: Acceptance Insurance (1,200 sf) and Western Meat & Groceries (2,868 sf). The larger vacant space of 3,590 is built out as a professional office with 3 bathrooms, break room 3 private offices and a lobby that can accommodate 10-12 cubicle spaces. Potential NOI for this property will approach $80,000 with new tenants. Current asking price for the vacant space is $12/SF NNN.

Location

State IL

County Cook

Area Chi - Chicago Lawn

Zoning COMMR

Interior

Cooling Central Air

Flooring Carpet, Concrete, Tile

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site

Roof Type Membrane

Building

Level or Stories 1

Structure Type Brick

Read Less Info

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


Midwest Real Estate Data (MRED) IDX
Listed by First Western Properties
Bought with @properties
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(312) 772-2820

gsaju@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

GET MORE INFORMATION

Name
Phone*
Message