1540 W NORTH Avenue, Chicago, IL 60622 (MLS # 11129309)

Save to Favorites
Print
Share
PRICE$899,000
SIZE n/a
LOT SIZE n/a

ATTENTION DEVELOPERS - Great for tear-down and condo rebuild! MOTIVATED SELLER ~ The street level has an operational bar & restaurant with a full kitchen. All kitchen & bar equipment is included, not the inventory. 2nd level has 5 office spaces. 2nd level can also be deconverted to a 3/BR, 1/Bath apartment, already plumbed for gas/water/electrical. 3rd level has a 3/BR, 1/Bath apartment with 2 outdoor spaces. The building has 3 parking spots in the rear. Basic stats: 3/bedrooms, 1/bath apartment on 3rd floor, currently vacant, past rent was $2500; 5 office spaces on 2nd floor all vacant. Bar/restaurant on the main level with storage and office space in the basement currently leased, rent is $4300, tenant pays all own utilities [except water], lease expires 3/14/2024. Zoned C1-2 [commercial/residential]. The lot size is a standard 25 X 125. Great location and condition! Near 90/94. Surrounding businesses include Hyatt Place Hotel, Audi Fletcher Jones, Mercedes-Benz of Chicago, Hollywood Grill, MB Financial Bank, 5/3 Bank, Home Depot and 5 minutes to the Clybourn Corridor.

DAYS ON MARKET 37 LAST UPDATED 6/19/2021
YEAR BUILT 1900 COMMUNITY CHI - West Town
COUNTY Cook STATUS Active
PROPERTY TYPE(S) Commercial


ADDITIONAL DETAILS
AIRCentral Air
AIR CONDITIONINGYes
AREACHI - West Town
EXTERIORBalcony/ies
HEATGas
LOT DIMENSIONS25X125
STORIES3
TAXES16376
ZONINGCOMMR



 
CONTACT US ABOUT 1540 W NORTH AVENUE
We respect your online privacy and will never spam you. By submitting this form with your telephone number you are consenting for Sheldon Salnick to contact you even if your name is on a Federal or State "Do not call List".

Listed with Baird & Warner
The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of MRED. All real estate listings are marked with the Broker ReciprocitySM logo or the MRED Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

The broker providing these data believes them to be correct, but advises interested parties to confirm them before relying on them in a purchase decision.

Copyright 2021 MRED. All rights reserved.

MRED Logo

This IDX solution is (c) Diverse Solutions 2021.