3145 N Western Ave - 3145 North Western Avenue
0.68 Acres of Commercial Land Offered at $6,500,000 in Chicago, IL 60618
INVESTMENT HIGHLIGHTS
- Over 60,000 cars travel intersection daily
- New retail development proposed for three corners
- Hard corner of new five-way lighted intersection
EXECUTIVE SUMMARY
Approximately 29,600 SF of land located on the Southeast corner of North Western Avenue and North Clybourn Avenue--gateway intersection of Roscoe Village retail.
Value-add with annual net income approximately $350,000 net. Billboard lease can be terminated, Leasable gas station on lot. Multiple Curb cuts.
Value-add with annual net income approximately $350,000 net. Billboard lease can be terminated, Leasable gas station on lot. Multiple Curb cuts.
PROPERTY FACTS
| Price | $6,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 0.68 AC |
1 LOT AVAILABLE
Lot
| Price | $6,500,000 |
| Price Per AC | $9,565,857.25 |
| Lot Size | 0.68 AC |
Approximately 29,600 SF of land. Value add with annual net income approximately $350,000 net. Billboard lease can be terminated. Gateway intersection of Roscoe Village retail.
DESCRIPTION
Approximately 29,600 SF of land located on the Southeast corner of North Western Avenue and North Clybourn Avenue.
1 of 1
Walk Score®
Very Walkable (88)
Bike Score®
Very Bikeable (85)
PROPERTY TAXES
| Parcel Number | 14-30-101-017-0000 | Improvements Assessment | $49 |
| Land Assessment | $18,750 | Total Assessment | $18,799 |
ZONING
| Zoning Code | C1-2 |
