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    FOR SALE
    Coworking space

    5801 N Northwest Hwy Chicago, IL 60631

    Built 1991
    Property ID
    US28-Q023220
    5801 N Northwest Hwy, Chicago, IL 60631 For Sale 1 / 78
    $1,799,000
    5801 N Northwest Hwy, Chicago, IL 60631
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    Property summary
    AI-generated overview

    33 Realty's pleased to present for sale 5801 N. Northwest Highway in Chicago, IL 60631. Completed in 1991, this 9,250 Net Rentable Square Feet mixed use building contains co-working type office space (former real estate office) , a successful day care operation on the first floor and 5 one bedroom/one bathroom apartments on the second floor with 6th apartment in the lower level. The site includes a large 8,250 SF parcel with a spacious rear yard and rear parking for 5 vehicles. The property has central HVAC which includes 10 gas forced air furnaces, 6 hot water tanks, and 10 condensers. Mixed Use Commercial + Retail + Multi-Family 6 One Bedroom/One Bathroom Apartments 1991 Construction Tremendous Value Add Potential Successful Day Care Retail Tenant Since 2007 Only Block from Norwood Park & Gladstone Park Metra Stops 10 Individual Gas Forced Air Furnaces In Place Cash Flow Below Market Apartment Rents Pitched Roof Full Replacement in 2014 Minutes from I-90 On Site Laundry 10 Condensers Tenant Storage Copper Plumbing & Electric Throughout Spacious Rear Yard Basement Sump Pump Parking for 5 Vehicles Tenant Paid Heating and Air Conditioning Bus Stop in Front of the Building

    Property profile
    Verified
    Property type Coworking space
    Year built 1991
    UPID US28-Q023220
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • The Window Factory Hardware & Home Improvement Interior Design
    • Thrivest Link Legal Funding Bank Credit Union
    • Green World Construction Roofing Company General Contractor
    • Quickie Tire - Mobile Tire Repair & Installer (Bike/Boat/Book/etc) Store Auto Parts Store
    • Roberts Restorations Inc - Chicago Roofing Company General Contractor
    5 occupants on record
    Value estimations
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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