Chicago, IL 60623
$299,999
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.
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Listed by Clarissa Vega, Avenue Properties Chicago