Active

1734 - 1736 W North Avenue

Chicago IL, 60622

$1,950,000


$170.31 per sqft

Active

11,450 sqft

Other

Built in 1893

Courtesy of Coldwell Banker Realty

Two-Building Mixed-Use Property in Wicker Park: 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 income streams and 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.

11952661

MLS ID

March 7, 2024

Listed

September 25, 2024

Updated

Map

1734 - 1736 W North Avenue
Chicago IL, 60622

Interior Features

Total Stories

5


Fireplace

No


Cooling

Yes


Cooling Description

Partial


Heating

No

Exterior/Building Features

Lot Size

0.14 Acres


Roof

Rubber

Other Property Details

Area Name

CHI - West Town


Taxes

$42,320


Tax Frequency

Annually


Days on Market

202


Garage

No


View

No


County

Cook


Municipality

West Chicago


Pool

No


Zoning

COMMR

Listing History

Date

Event

Price

9/18/2024

Price change

$1,950,000

-3%

Courtesy of Coldwell Banker Realty, Michael LaFargue,
Listing Contact: 773-251-0760 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data. Real estate listings held by brokerage firms other than John O'Neill are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

Based on information submitted to the  MLS GRID for MRED 9/25/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.

©2024 Listings Courtesy of MRED as distributed by MLS GRID. All rights reserved.

Data last updated 4:38 AM UTC, 9/25/2024

 

 

Powered byLuxury Presence