Address
1703 W Chicago Avenue, Chicago, IL
Price
$ 2,900,000
Property Attributes
  • MLS#11253248
  • TypeCommercial
  • CountyCOOK
  • CityChicago
  • AreaCHI - West Town
  • Zip60622
  • Style
  • Year Built2021
  • Taxes$ 5479
  • Price$ 2,900,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage6200
  • Lot Size3,125 SqFt
Data Source:
Midwest Real Estate Data (MRED)
Property Description

Retail Storefront/Restaurant Space available in brand new construction, beautiful Mixed Use building in West Town with tons of visibility on Chicago Ave. One block west of the Ashland/Chicago intersection provides for heavy foot and vehicle traffic all day. This 2,345sf Retail Storefront (plus potential 600sf mezzanine) is Black Iron capable and can be built to suit the Tenant's needs. Landlord is open to Tenant Improvement money depending on the Tenant and Lease terms. Zoned B1-2 with 17' ceilings and floor to ceiling windows, this space is perfect for any restaurant, cafe, retail, studio, gallery, office space, or professional services use. Area Tenants include Mariano's, Walgreens, Anytime Fitness, Yuzu Sushi, Funkenhausen, Sprout Home, and many more. Close proximity to the Division, Chicago, and Ashland Blueline stops. Multiple bus stops within blocks.

Price History
10/22/2021 Listed $2,900,000

General Features

Additional Parcels Y/N Yes
City Chicago
Cooling Central Individual
County Cook
Days on Market 66
Directions One block West of Ashland Ave, on the South side of Chicago Ave.
Electric Separate Meters
Leasable Area 2345
Lease Type Net
Lot Size Square Feet 3125
MLS Area CHI - West Town
Net Operating Income 200000
Property Type Commercial Sale
Property Type Retail/Stores
Standard Status Active
Status Active
Stories 4
Street Name Chicago
Tax Annual Amount 5479
Tax Year 2020
Tenant Pays Other
Year Built 2021

Interior Features

Street Suffix Avenue

Exterior Features

Building Area Total 6200
Lot Dimensions 25X125

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 60622

Price
AVG $590K
$2.9M
Taxes
AVG $16,165
$5,479
Visits
AVG 46
57
Year Built
AVG 1954
2021
Walkscore
AVG 95
97
Data Provided by Walkscore ® not using MLS data