Cook, US
ARCADIA TERRACE INVESTMENT OPPORTUNITY---FULLY occupied THREE-lot / THREE pin investment/owner property with a tremendous traffic count and C1-2 ZONING for many businesses. Rent increases coming in September. ALL TENANTS ARE ON YEARLY LEASES EXCEPT FOR 5822 WHICH IS M-T-M. From left to right it consists of: 5618-gated parking lot/5620 three story mixed use---ALL NEW REHAB-- with a store, 200 amp panel, front-back office plus three private offices, upstairs has two 2-BR apartments, 100 amp panel, with separate dining, all with separate NEW HVAC plus hardwood floors plus all NEW steel back decks, NEW hot water tank, NEWER roof-5 years, rebuilt parapets, tuckpointed/5622 is a free standing 1 story flexi-core commercial garage---levels can be added---200-amp 3-phase+200amp panel. Tenants in 5620 all expire in 2024, 5620+18 are MTM, rents. Just slightly north of Bryn Mawr and adjacent to the booming Devon corridor along with Lincoln Square, Ravenswood, Edgewater. Easy access to public transportation and Lake Shore Drive.
Courtesy Of: EXIT Strategy Realty
Feature Highlights
- Additional Parcels
- Built Before 1978
General Features
- List Date:
- 04/15/2025
Exterior Features and Amenities
- Lot Size Dimensions:
- 75 X 125
Financial
- Days On Market:
- 255
- Tax Annual Amount:
- $24,110.00
- Tax Year:
- 2023
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Data last updated: 2026-03-18.
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