5352 W Chicago 5352 W Chicago Ave
12,900 SF Retail Building Chicago, IL 60651 $820,000 ($63.57/SF)
INVESTMENT HIGHLIGHTS
- Prime Redevelopment Opportunity
- Location Location Location
- Community Shopping District
EXECUTIVE SUMMARY
PRIME REDEVELOPMENT OPPORTUNITY on W. Chicago Ave! Located in the highly sought-after B3-1 Community Shopping District, This Versatile Commercial Property offers a Wide Range of Permitted Retail and Commercial uses. With its prominent frontage along W. Chicago Ave., the property presents an excellent opportunity for Redevelopment or Owner-Occupancy. Previously utilized as the Career Education Center by a Nonprofit Organization for several decades, the building is well-suited for creative reimagining to fit a new owner's vision. Whether as a retail space, office, or other commercial use, this property has significant potential to be transformed. Don't miss the chance to capitalize on this unique opportunity in a prime Chicago location!
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
12,900 SF
Building Class
C
Year Built
1950
Price
$820,000
Price Per SF
$63.57
Tenancy
Single
Building Height
1 Story
Building FAR
0.99
Lot Size
0.30 AC
Zoning
B3-1 - B3-1 is a zoning district in Chicago that allows for shopping centers, large stores, and retail storefronts. Known as a Community Shopping District.
AMENITIES
- Security System
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
Walk Score®
Very Walkable (78)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 16-04-328-028-0000 | Improvements Assessment | $1,595,372 |
| Land Assessment | $135,344 | Total Assessment | $1,730,716 |
CONTACT
-
Raquel Berrios - Rh Realty Group Inc
