Commercial: Mixed Use - MLS# 12350236
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Description
37.5'x148' Lot, Zoned B3-3, TOD, There are 2 Commercial spaces, 4 Studio apartments recently renovated and ready to rent and 4 more units(2- studios and 2- 1bedrooms) that are being gutted and converted to 2- 2bedroom apartments. Bldg Survey and Drawings available for the 2 bedroom renovations under "Additional Info" tab. The entire property is vacant.There is also an additional structure on the back half of the property that was previously rented as a 4 bed 2 bath duplex coach house but is currently not viable/legal to rent. The property has great potential given the location, size and zoning. There is a new 5 story, 46 unit project by Mavrek Development scheduled to break ground in May 2025 located just steps away at 925 W. Belmont.
Features
- Property Type: Commercial
- Sub Type: Mixed Use
- Listing Status: Active
- County/Area: Cook County
- Zip Code: 60657
- Year Built: 1905
- Stories: 3
- Units: 8 units
- Zoning: COMMR
- # Of Apts: 8
- # Of Stores: 2
- All Sub-Types: Mixed Use
- Approximate Age: Older
- Built Before 1978 (Y/N): Yes
- Cooling: Central Air
- Directions: Clark to Belmont, east to property.
- Electric: Circuit Breakers
- Geographic Locale: Chicago North
- Heat/Ventilation: Forced Air, Gas
- Information: List Broker Must Accompany
- Lot Size Square Feet: 5550
- Main Type: Commercial Sale
- Tax Annual Amount: 27395
- Tax Year: 2023
- Tenant Pays: Varies by Tenant
- Township: Lake View
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