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Listed by Michael Kang • Coldwell Banker Realty
$ 509,000
Est. payment | /mo
7,600 SqFt
$ 509,000
Est. payment | /mo
7,600 SqFt
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 7,600 sqft
Price per Sqft $66
MLS Listing ID 12424720
Year Built 1954
Annual Tax Amount $29,452
Tax Year 2023
Lot Dimensions 38X125
Property Sub-Type Retail/Stores
Property Description
Discover a rare opportunity to own a 7,600 SF stand-alone commercial building in the heart of Chicago's vibrant North Park neighborhood. Zoned B1-2, this two-story property combines flexibility, functionality, and long-term investment appeal.The first floor offers a wide open, high-ceiling layout that can be tailored to a variety of business needs from retail or showroom space to a creative studio or collaborative office. Upstairs you'll find a spacious open area with exposed ceilings and modern industrial lighting, three private rooms, and a functional kitchen providing both workspace and flexibility in use. Originally built in 1954 and fully renovated in 1996, the building is well-maintained with solid infrastructure and adaptable for today's business demands. The property is ideal for a broad range of uses, including retail, office, restaurant, social services, educational facilities, religious institutions, or showroom operations. Investors will also appreciate the potential to convert the second floor into residential apartments using the shared wall, unlocking additional rental income and future value.Situated in a high-traffic commercial corridor with strong visibility and accessibility, this is a dynamic, income-generating asset with unmatched potential. Don't miss your chance. Schedule your private tour today and bring your vision to life!
Location
State IL
County Cook
Zoning RTAIL
Interior
Cooling Zoned
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick,Block
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676 N Michigan Ave. Ste 3010, Chicago, IL, 60611, United States