$93.32 Per Sq Foot $7,514 est/mo Sourced by Back At You

3550 W Peterson Avenue,Chicago, IL 60659

Chicago IL, 60659

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Description

2 story, 15,000 square foot office building situated on a 15,769 Square Foot = 0.36 AC = 157.6 X 100 lot. Building was purchased by a non-profit entity to tear down and build a new building. Ownership also owns the adjacent building just East of subject property at 3540 W. Peterson that's 50 X 100. These two properties can be combined for a large new development on a 207.6 X 100 foot lot. The existing building is rented to a dozen tenants but needs quite a bit of work. B2-1 Zoning: Neighborhood Mixed-Use District Retail storefronts, apartments allowed on the ground floor. Intended to spur development in commercial corridors with low demand for retail. FAR 1.2. Seller will only sell both buildings together.

Details

MLS#11976446
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusActive
Year1971
Days On Site111
Listing Provided ByCrown Heights Realty | Andrew Glatz

Features

SQ Feet15,000
Story(s)2
Units20
ZoningCOMMR
Acreage0.36

Market Activity 60659

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Listings Checked: 2 minutes ago
StateIL
CountyCook
CityChicago
Zip Code60659
AreaCHI North Park
Listing VS Median (in 60659)
Price:
$1,399,770
low | high
Med:
$229,900
100% of Average
SqFt:
15,000
low | high
Med:
1,686
100% of Average
$ / SqFt:
$93
low | high
Med:
$136
3.877875259476% of Average
On Site:
111
low | high
Med:
20.000000
100% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 7:18:17 PM PDT