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Listed by Clarissa Vegaof Avenue Properties Chicago
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Est. payment | /mo
3,840 SqFt
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Est. payment | /mo
3,840 SqFt
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 3,840 sqft
MLS Listing ID 12771071
Year Built 1896
Annual Tax Amount $6,294
Tax Year 2024
Lot Dimensions 25X125
Property Sub-Type Mixed Use
Property Description
Prime mixed-use investment opportunity along highly traveled 26th Street in Chicago. This spacious 2.5-story frame building features a street-level commercial storefront, three residential units, a full unfinished attic offering additional expansion potential, and on-site parking. The interior is currently gutted to the studs, providing a blank canvas for investors or developers to bring their vision to life. The sale includes architectural plans for three 2-bedroom, 1-bath residential units under the current zoning, while maintaining the commercial storefront and parking. Additional plans are also included for a potential zoning conversion to five 2-bedroom, 1-bath residential units, along with the commercial storefront and parking. A strong value-add opportunity with multiple redevelopment possibilities, ideally situated along a busy commercial corridor with excellent visibility and consistent foot and vehicle traffic.
Location
State IL
County Cook
Zoning MULTI
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
Building
Structure Type Aluminum Siding
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