Corner Redevelopment Site at Elston and Central
$1,200,000
5703 N. Elston Ave.
Chicago, Illinois
14,705 SF
Auto-Repair Shop
The Details
- 14,705 SF redevelopment site
- Busy corner of Central and Elston
- Currently used as muffler/auto-repair shop, outdoor storage and retail
- Leased for $4,592/mo MTM
- 150’ of frontage on both Elston and Central Avenues
- Potential to develop mixed-use with retail and apartments or multi-tenant commercial building
- Perfect opportunity for investor or developer
- Great Jefferson Park location
- Traffic Count: 21,288 vehicles daily
- Zoning: B3-1
A 14,705 square foot corner redevelopment site in Jefferson Park is available for sale. The property features 150’ of frontage on both Elston and Central Ave. Currently, the site is improved with an muffler/auto-repair shop, a commercial storefront and a fenced area for outdoor storage. The auto-repair shop is leased for $4,592 per month on a month-to-month basis. The property can potentially be redeveloped as a mixed-use building with retail and apartments or as a multi-tenant commercial building.
Jefferson Park is a neighborhood on the northwest side of Chicago that is home to more than 27,000 people. The neighborhood features several commercial corridors including along Elston Ave., Milwaukee Ave. and Northwest Highway.