1736 W North AVE new

Chicago,IL 60622

$ 1950000

- Bed

0 Bath

11450 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 11,450 sqft

Price per Sqft $170

MLS Listing ID 12273470

Year Built 1893

Annual Tax Amount $42,320

Tax Year 2022

Lot Dimensions 50 X 124

Property Description

1734-1736 W. North Ave; This exceptional mixed-use property in Wicker Park offers a development opportunity. Strategically located at the corner of North Ave & Hermitage, the property comprises two distinct parcels, each with its own PIN #, and is perfectly zoned B3-3 for seasoned investors and developers. The property features a total of six residential units and 3 commercial spaces, providing a variety of development possibilities. This prime location benefits from high foot traffic, proximity to public transportation (Damen Blue Line 'L' Station), The 606 Trail, and easy access to the 90/94 Expressway. The property's B3-3 zoning allows for a wide range of commercial and mixed-use development options. The seller has strategically invested in redevelopment groundwork, including architectural designs, engineering studies, and a zoning change. These plans are for consideration per seller's discretion. To further assist your due diligence, a survey and information on several area incentives are available upon request. Prime Wicker Park asset with significant upside-ideal for redevelopment opportunities.

Location

State IL

County Cook

Area Chi - West Town

Zoning COMMR

Interior

Cooling Partial

Fireplace N

Exterior

Roof Type Rubber

Building

Dwelling Type Mixed Use

Level or Stories 3

Structure Type Brick

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