$550,000
( $75.34Per Sq Foot )
 $2,953 est/mo Sourced by Back At You

5920 W Irving Park Road , Chicago, IL 60634

Chicago, IL 60634

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Description

Discover the potential of 5920-22 W Irving Park Rd, Chicago, IL 60634. Nestled in the dynamic Irving Park neighborhood, this former liquor store and adjoining laundromat offers a rare chance to shape a commercial haven in Chicago. Spanning 7,300 sq ft building on a highly visible corner lot, it's an ideal setting fora mixed-use multi-family or stand alone restaurant, retail or service-based ventures. Currently heavy power, water and gas already to the site. Additionally, sample plans and elevations are available for an exciting mixed-use development, encompassing one commercial space and eight residential units, promising a blend of functionality and style. Strategically located amidst a dense mix of residential and commercial properties, the site benefits from constant foot traffic and ample street parking. The vicinity boasts a rich assortment of dining, shopping, and service outlets, including the renowned Giordano's Pizza, fostering a vibrant community atmosphere. Ease of access is guaranteed with proximity to the CTA Blue Line, multiple bus routes, and the Kennedy Expressway (I-90), simplifying commutes for customers and staff. Plus, with a $150k SBIF Grant currently available and potential eligibility for a TIF Grant from the City of Chicago, thanks to its location within the TIF Corridor, seizing this exceptional opportunity has never been more attractive. Build your multi-unit building now.

Details

MLS#12163805
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusPending
Year1930
Days On Site131
Listing Provided BySENW | Simon Enwia

Features

SQ Feet7,300
Story(s)3
ZoningCOMMR
Acreage8303.00

Market Activity 60634

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Listings Checked: 3 minutes ago
StateIL
CountyCook
CityChicago
Zip Code60634
AreaCHI Portage Park
Listing VS Median (in 60634)
Price:
$550,000
low | high
Med:
$359,000
84.727272727273% of Average
SqFt:
7,300
low | high
Med:
2,000
100% of Average
$ / SqFt:
$75
low | high
Med:
$180
88.245454545455% of Average
On Site:
131
low | high
Med:
189.000000
69.312169312169% of Average
Sourced by Back At You
Listing Updated: December 13, 2024 at 6:40:50 PM PST