IL > Chicago
Chicago, IL 60645,7201 N Western AVE
Chicago, IL 60645,7201 N Western AVE
Chicago, IL 60645,7201 N Western AVE
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$2,400,000
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Active Under Contract

7201 N Western AVE Chicago, IL 60645

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John Barnak

John Barnak

+1(630) 439-6385

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Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12210481

Year Built 1928

Annual Tax Amount $19,440

Tax Year 2023

Lot Dimensions 10150

Property Sub-Type Mixed Use

Property Description

7201 N Western, a turnkey, mixed-use building featuring ten (10) residential units and eleven (11) ground-floor commercial spaces, located in Chicago's West Ridge area. Most units have been cosmetically updated with modern kitchens and bathrooms. Each apartment is separately metered with individual tenant-paid heat. The property offers a unique opportunity to acquire a strong, stabilized cash-flowing asset with an in-place cap rate of 7% from day one.

Location

State IL

County Cook

Area Chi - West Ridge

Zoning MULTI

Interior

Cooling Central Individual, Window Unit(s)

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Mixed Use

Level or Stories 2

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Tim Mehmeti • 606 Realty LLC

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agent

John Barnak

Broker | License ID: 471019889

+1(630) 439-6385

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7201 N Western AVE

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