$550,000
5920 W Irving Park Road Chicago, IL 60634
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REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
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$550,000
Est. payment /mo
7,300 SqFt
UPDATED:
10/22/2024 05:07 AM
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 7,300 sqft
Price per Sqft $75
MLS Listing ID 12163813
Year Built 1930
Annual Tax Amount $36,893
Tax Year 2023
Lot Dimensions 8303
Property Description
Introducing 5920-22 W Irving Park Rd, Chicago, IL 60634, a unique commercial opportunity in the heart of Chicago's bustling Irving Park neighborhood. This versatile property, formerly a liquor store and adjoining laundromat and dry cleaner, offers endless possibilities for your next business venture. The previous liquor store has a large fixed walk-in cooler and 2 walk-in freezers and a restaurant hood. The laundromat/dry cleaners has many of the built-in items and pre-plumbing. Situated on a prominent corner lot with high visibility and traffic, this 7300 sq ft space is perfect for a variety of retail or service-oriented businesses. The property is currently vacant, providing a blank canvas for you to customize and transform into your dream establishment. With large natural gas, electrical heavy power and large water supply the space could be used a grocer, laundromat, dry-cleaner or as a multiple Ghost-kitchen, bakery, or restaurant. There are also plans for a mixed-use new construction with 1 commercial space and 8-units available and can be shared by request. The former liquor store area features an open floor plan, allowing for easy adaptation to suit your specific needs. Large storefront windows provide ample natural light and excellent visibility for your business. The adjoining laundromat and dry cleaner space offers additional square footage, ideal for expanding your business or leasing out to generate additional income. Located in a densely populated area with a strong mix of residential and commercial properties, this property benefits from a steady flow of foot traffic and a hard corner with lots of street parking. The surrounding neighborhood is home to a diverse array of shops, restaurants including Giordano's Pizza, and services, ensuring a vibrant and thriving community. With convenient access to public transportation, including the CTA Blue Line and multiple bus routes, this property is easily accessible for both customers and employees. Additionally, the property is just a short drive from the Kennedy Expressway (I-90), providing quick and easy access to downtown Chicago and the surrounding suburbs. Best for last, there is a $150k SBIF Grant available now. Don't miss this exceptional opportunity that now may be eligible for for a TIF Grant from the City of Chicago due to it being in the TIF Corridor.
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Central Air
Flooring Vinyl
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Water-Municipal
View Y/N true
Roof Type Membrane
Building
Structure Type Brick
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© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Simon Enwia • SENW
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