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2540 W Chicago Ave

1,386 SF Office/Medical Condo Unit Offered at $349,000 in Chicago, IL 60622

Executive Summary

Prime Mixed-Use Property for Sale Located in the dynamic Ukrainian Village, this 1,386 square foot mixed-use space offers endless potential nestled right on Chicago Avenue. With excellent frontage, robust traffic count, and high visibility, this property is a gem in the heart of Chicago. Property Highlights: Size: 1,386 square feet of adaptable space, ready for customization. Zoning: C1-C2, supporting a variety of commercial and residential uses. Location: Ukrainian Village on bustling Chicago Avenue ensures constant foot traffic and great visibility. Frontage: Prime frontage on Chicago Avenue enhances exposure to passing traffic. Permitted Uses Include: Residential: Artist live/work spaces and dwelling units above the ground floor. Commercial: Retail, limited-service restaurants, business support, and personal services like salons. Public and Civic: Facilities such as colleges, daycares, and libraries. Health Services: Medical and veterinary clinics. C2 Specific: More extensive commercial activities, including taverns, larger restaurants, auto services, light manufacturing, and recycling facilities. This property offers the flexibility to maximize your investment, whether establishing a new business, creating a unique live/work setup, or developing a lucrative rental property.

Property Facts

Price $349,000
Unit Size 1,386 SF
No. Units 1
Total Building Size 3,057 SF
Property Type Retail (Condo)
Property Subtype
Storefront Retail/Residential
  • General Retail Storefront Retail/Office
  • Office Medical
  • Office Office Live Work Unit
Sale Type Investment or Owner User
Floors 4
Typical Floor Size 764 SF
Year Built 2005

1 Unit Available

Unit 1

Unit Size 1,386 SF
Price $349,000
Price Per SF $251.80
Condo Use Office/Medical
Sale Type Investment or Owner User
APN/Parcel ID 16-01-428-042-1001
Walk Score ®
Very Walkable (87)
Bike Score ®
Very Bikeable (84)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Amenities

  • 24 Hour Access

Nearby Major Retailers

Fifth Third Bank
Starbucks
Mariano's
Citi
PNC Bank
Dollop Coffee Co.
CrossFit
Chase Bank
ALDI
Yolk

zoning

Zoning Code C1-2 (Zoning: C1-C2, supporting a variety of commercial and residential uses.)
C1-2 (Zoning: C1-C2, supporting a variety of commercial and residential uses.)
  • Listing ID: 31729274

  • Date on Market: 5/7/2024

  • Last Updated:

  • Address: 2540 W Chicago Ave, Chicago, IL 60622

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