$221.15 Per Sq Foot $6,173 est/mo Sourced by Back At You

1374 W Grand Avenue,Chicago, IL 60642

Chicago IL, 60642

Share with a friend

Description

1374 W. Grand Avenue is a three-story mixed-use building located in Chicago's West Town Neighborhood. The property was originally constructed in 1878 and extensively renovated in 2006, with 7,830 SF of space on three floors above grade and a full height 2,750 SF basement. The property has been operated for the past 22 years as Bella Notte Restaurant and Bar, a popular neighborhood establishment. The restaurant occupies the first and second floors and the third floor is configured as a 2,346 SF apartment. 1374 W. Grand is immediately north of Chicago's Fulton Market Neighborhood and proximate to the proposed Bally's Casino slated to be developed in the former Chicago Tribune site on the Chicago River. With numerous commercial, hospitality, and multifamily developments in immediate surrounding areas 1374 W. Grand is well positioned to capitalize on local growth. This offering presents an investor or operator the chance to acquire a highly improved property with a turn-key restaurant business for a basis far below replacement cost, or capitalize on the B3-2 zoning and create additional multifamily dwelling units.

Details

MLS#11905304
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusPending
Year1878
Days On Site227
Listing Provided ByACO Commercial | George Toscas

Features

SQ Feet5,200
Story(s)3
Units2
ZoningCOMMR

Market Activity 60642

The information is being provided by MRED. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2024 MRED. All Rights Reserved.

Request a showing

Request a showing

Loading Form
Listings Checked: 1 second ago
StateIL
CountyCook
CityChicago
Zip Code60642
AreaCHI West Town
Listing VS Median (in 60642)
Price:
$1,150,000
low | high
Med:
$699,500
89.173913043478% of Average
SqFt:
5,200
low | high
Med:
3,188
88.701923076923% of Average
$ / SqFt:
$221
low | high
Med:
$281
23.101139269937% of Average
On Site:
227
low | high
Med:
25.5
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 8:43:39 PM PDT