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Listed by Adrian Perezof 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 12792582
Year Built 1896
Annual Tax Amount $6,536
Tax Year 2025
Lot Dimensions 25X125
Property Sub-Type Mixed Use
Property Description
Exceptional mixed-use investment opportunity located along Chicago's highly trafficked 26th Street corridor! This spacious 2.5-story building offers a street-level commercial storefront, three residential units, a full unfinished attic with additional expansion potential, and convenient on-site parking. Currently gutted to the studs, the property presents a blank canvas for investors and developers looking to maximize its potential. Included in the sale are architectural plans for three 2-bedroom, 1-bathroom residential units under the existing zoning, while preserving the commercial storefront and parking. Additional architectural plans provide an alternative redevelopment concept featuring five 2-bedroom, 1-bathroom residential units, subject to zoning approval. With multiple redevelopment possibilities, excellent street visibility, and consistent pedestrian and vehicle traffic, this property presents an outstanding value-add opportunity in a well-established Chicago commercial corridor.
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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