$ 1,950,000
1734 W North AVE Chicago, IL 60622
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,950,000
Est. payment /mo
Active
1734 W North AVE Chicago, IL 60622
11,450 SqFt
UPDATED:
11/17/2024 06:07 AM
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 12204792
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 unique investment 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 invested substantial time and resources into planning a redevelopment project, including architectural services, design plans, engineering studies, and a zoning change. These comprehensive plans can be transferred to the new owner, saving on costs and expediting the development process. Additionally, the property is EPA-certified, ensuring a smooth transition. To further assist your due diligence, a survey and information on several area incentives are available upon request. Don't miss this opportunity to acquire a valuable Wicker Park property with exceptional potential.
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 5
Structure Type Brick
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Lourdes Hernandez • Coldwell Banker Realty