Freedom Realty
The GBS "Mother & Daughter" Real Estate Team, Freedom RealtyPhone: +8476684936 (847) 668-5522
Email: [email protected]
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listing
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CommercialFor Sale
$1,950,000
1734 W North Avenue
Chicago, IL 60622
Courtesy of Coldwell Banker Realty
Listings courtesy of Midwest Real Estate Data as distributed by MLS GRID
11,450Sq Ft
Est. Mortgage
$10,166/mo

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.

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