Commercial Space, Two Apartments plus Lot On Western Ave
Now: $749,000
5638-5640 N. Western Ave.
Chicago, IL
2-story
Mixed-Use Property
The Details
- 2-story building
- Former veterinarian facility
- Two apartments on second floor - Can be fully redeveloped for residential
- Zoning allows development of 13 units containing 16,500 SF
- Two-car garage plus adjoining lot
- Excellent location on busy Western Avenue
- Nearby businesses: Walgreen’s, Dunkin’, Jiffy Lube, Dollar Tree and many shops and restaurants
- Traffic count: 24,227 vehicles daily
- Land area: 5,500 SF
- Zoning: B3-3
A 16,500 square foot mixed-use property located in the Arcadia Terrace neighborhood is available for sale. This two-story property consists of a office space on the first floor and lower level and two apartments on the second floor. Situated on heavily-trafficked stretch of Western Avenue, this is a great opportunity for a user or investor. The parcel could be fully redeveloped for residential development with potential for development of five residential units and commercial space.
West Edgewater has benefited from steady growth in population and renewed investment. Local businesses enjoy a strong residential consumer base, great public transportation, and quick access to the Expressway.