$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

Introducing 5920-22 W Irving Park Rd, Chicago, IL 60634, a unique commercial opportunity in the heart of Chicago's bustling Irving Park neighborhood. This versatile property, formerly a liquor store and adjoining laundromat and dry cleaner, offers endless possibilities for your next business venture. The previous liquor store has a large fixed walk-in cooler and 2 walk-in freezers and a restaurant hood. The laundromat/dry cleaners has many of the built-in items and pre-plumbing. Situated on a prominent corner lot with high visibility and traffic, this 7300 sq ft space is perfect for a variety of retail or service-oriented businesses. The property is currently vacant, providing a blank canvas for you to customize and transform into your dream establishment. With large natural gas, electrical heavy power and large water supply the space could be used a grocer, laundromat, dry-cleaner or as a multiple Ghost-kitchen, bakery, or restaurant. There are also plans for a mixed-use new construction with 1 commercial space and 8-units available and can be shared by request. The former liquor store area features an open floor plan, allowing for easy adaptation to suit your specific needs. Large storefront windows provide ample natural light and excellent visibility for your business. The adjoining laundromat and dry cleaner space offers additional square footage, ideal for expanding your business or leasing out to generate additional income. Located in a densely populated area with a strong mix of residential and commercial properties, this property benefits from a steady flow of foot traffic and a hard corner with lots of street parking. The surrounding neighborhood is home to a diverse array of shops, restaurants including Giordano's Pizza, and services, ensuring a vibrant and thriving community. With convenient access to public transportation, including the CTA Blue Line and multiple bus routes, this property is easily accessible for both customers and employees. Additionally, the property is just a short drive from the Kennedy Expressway (I-90), providing quick and easy access to downtown Chicago and the surrounding suburbs. Best for last, there is a $150k SBIF Grant available now. Don't miss this exceptional opportunity that now may be eligible for for a TIF Grant from the City of Chicago due to it being in the TIF Corridor.

Details

MLS#12163813
Listing TypeFor Sale
StyleRetail
Sub-TypeResale
StatusPending
Year1930
Days On Site122
Listing Provided BySENW | Simon Enwia

Features

SQ Feet7,300
Story(s)1
Units2
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:
$361,950
84.190909090909% of Average
SqFt:
7,300
low | high
Med:
2,172
100% of Average
$ / SqFt:
$75
low | high
Med:
$168
72.477788771195% of Average
On Site:
122
low | high
Med:
93.000000
100% of Average
Sourced by Back At You
Listing Updated: December 13, 2024 at 6:40:50 PM PST