5529 North AveChicago, IL 60639

This exceptional mixed-use building, located at 5529 W North Ave in Chicago, Illinois (zip code 60639), presents a compelling investment opportunity. The property is a fee-simple ownership, encompassing over 10,000 square feet across two stories. The ground floor currently features a vacant storefront, previously operating as a coin-operated laundromat, ideally suited for a variety of retail uses, such as a grocery store or another laundry facility. The upper level comprises two apartment units, generating a combined monthly rental income of $2,800. This consistent rental stream provides a strong foundation for immediate cash flow. The building benefits from its prime location on busy North Avenue, boasting an average daily traffic volume of 36,500 vehicles, ensuring high visibility and accessibility for any business operating from the storefront. The property's size and versatile layout offer significant potential for expansion or adaptation to meet evolving market demands. The asking price is $299,900, with an occupancy date of September 18, 2024. This property is a turnkey operation, perfect for owner-operators seeking a hands-on investment or investors looking for a strong return on investment. The high traffic count, existing rental income, and versatile space make this a truly exceptional opportunity in a thriving Chicago neighborhood. Don't miss out on this chance to acquire a profitable and well-positioned mixed-use building.