5920 W Irving Park RD, Chicago, IL 60634 – 12163805 - Sara Macak

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Sara Macak

saramacak1@gmail.com +1(630) 207-6658

$550,000

Est. payment - /mo

7,300 SqFt

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UPDATED:

11/21/2024 11:08 PM

Key Details

Property Type Commercial

Sub Type Instut/To Develop

Listing Status Pending

Purchase Type For Sale

Square Footage 7,300 sqft

Price per Sqft $75

MLS Listing ID 12163805

Year Built 1930

Annual Tax Amount $36,893

Tax Year 2023

Lot Dimensions 8303

Property Description

Discover the potential of 5920-22 W Irving Park Rd, Chicago, IL 60634. Nestled in the dynamic Irving Park neighborhood, this former liquor store and adjoining laundromat offers a rare chance to shape a commercial haven in Chicago. Spanning 7,300 sq ft building on a highly visible corner lot, it's an ideal setting fora mixed-use multi-family or stand alone restaurant, retail or service-based ventures. Currently heavy power, water and gas already to the site. Additionally, sample plans and elevations are available for an exciting mixed-use development, encompassing one commercial space and eight residential units, promising a blend of functionality and style. Strategically located amidst a dense mix of residential and commercial properties, the site benefits from constant foot traffic and ample street parking. The vicinity boasts a rich assortment of dining, shopping, and service outlets, including the renowned Giordano's Pizza, fostering a vibrant community atmosphere. Ease of access is guaranteed with proximity to the CTA Blue Line, multiple bus routes, and the Kennedy Expressway (I-90), simplifying commutes for customers and staff. Plus, with a $150k SBIF Grant currently available and potential eligibility for a TIF Grant from the City of Chicago, thanks to its location within the TIF Corridor, seizing this exceptional opportunity has never been more attractive. Build your multi-unit building now.

Location

State IL

County Cook

Area Chi - Portage Park

Zoning COMMR

Interior

Cooling Central Air

Fireplace N

Exterior

Utilities Available Electric to Site, Gas to Site, Water-Municipal

Building

Dwelling Type Instut/To Develop

Level or Stories 3

Structure Type Brick

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Listed by Simon Enwia • SENW

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Sara Macak

Broker | License ID: 475.193648

+1(630) 207-6658