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6924 W North Avenue Chicago, IL 60707 • Commercial - Retail • New

New - 44 Hours Ago
  • 6924 W North Avenue , Chicago, IL 60707 Main Photo

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Description

Exceptional opportunity in the growing Harlem & North Ave area. Located at the corner of North and Newland Avenues in Chicago Galewood, 3 blocks from the intersection of North and Harlem Ave and the NEW 50,000sf Rush outpatient facility and 2 blocks from 275 NEW residential units under construction at 1700 N Neva Ave. Well maintained 6100 SF structure was a licensed daycare facility for over 20 years. This property could be a TURNKEY purchase for a daycare operator and yet, the open area is easily altered to suit your business or investment needs. Many possibilities for this fine location - daycare, retail, restaurant, medical, dental, PT or indoor recreational services. Thriving and vibrant stretch of North Ave in the Galewood/Northwest Oak Park corridor sees over 28,000 cars per day. Property features include 10 curb cut parking spaces immediately adjacent to the west side of the property plus 4 spaces in the rear. Building improvements include 10 exit doors, 9 separate rooms, 6 bathrooms (6 daycare height toilets) and a central 14x14 kitchen. Mechanical improvements include 3 HVAC units, new 2 copper water service, 600amp circuit breaker electric and structural updates to the portion of the building that has a bow-truss roof. Current daycare layout features 6 multipurpose rooms, 1 office that is wired for CCTV, 14x14 central kitchen and 18x18 storage room. Your business opportunities are unlimited on thriving North Avenue!

Property Highlights

Property Type: Commercial - Retail
Building Description: 1.0 stories
Year Built: 1952

General Information

County: Cook
Listed By:
Skydan Real Estate Sales, LLC 708-450-0110
MRED MLS
$839,900
Est. $5,828/mo
New to the Market New
SQUARE FEET6,100 MLS#12800297
STATUSNew PROPERTY TYPECommercial - Retail

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6924 W North Avenue , Chicago, IL 60707.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $839,900$839,900$839,900
Down Payment $167,980$29,397$209,975
Monthly Mortgage Amount $4,414$5,418$5,401
Taxes $1169$1169$1169
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$370$0
Monthly Estimated Total $5,828$7,202$6,815

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