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Listed by Robert Mundsof Jameson Sotheby's Intl Realty
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Est. payment | /mo
3,050 SqFt
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Est. payment | /mo
3,050 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,050 sqft
MLS Listing ID 12666947
Year Built 1931
Annual Tax Amount $14,669
Tax Year 2024
Lot Dimensions 25X76x29x61
Property Sub-Type Mixed Use
Property Description
Rare mixed-use investment opportunity in the heart of Lakeview. Solid brick building featuring a ground-floor restaurant space with a lease in place through October 2027, providing stable income. The second-floor apartment offers 2 bedrooms, 1 bath, an updated kitchen and bath, spacious living room, and separate dining room. Zoned B1-3, offering long-term redevelopment and value-add potential. Residential tenant is month-to-month. Property is being sold in as-is condition and must be purchased together with 1630 W. Melrose. Excellent opportunity for investors, developers, or owner-users seeking a prime Lincoln Avenue location. Unfinished basement.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Structure Type Brick
Others
Virtual Tour https://smartfloorplan.com/adminka/public/api/shell/v512230/photos/idx
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