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Listed by Rick Hansenof S Hansen Realty Inc.
$3,595,000
Est. payment /mo
24,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail/Stores
Listing Status Active
Purchase Type For Sale
Square Footage 24,800 sqft
Price per Sqft $144
MLS Listing ID 12441537
Year Built 1955
Annual Tax Amount $56,228
Tax Year 2023
Lot Dimensions 116x286x95x79x280
Property Sub-Type Retail/Stores
Property Description
Rare opportunity to acquire a 24,800 SF freestanding building on 0.87 acres (7 parcels, 37,763 SF) in Chicago's Northwest Side. Currently occupied by Star Distributors, the property will be delivered vacant, offering flexibility for owner-users, investors, or developers. Zoned B1-1, one of Chicago's most flexible designations, allowing a wide range of commercial, office, service, and residential uses (above ground floor). Located on N Milwaukee Ave between Keeler and Tripp, with excellent frontage, visibility, and traffic. Just 1 mile from the rapidly redeveloped Six Corners, featuring a new Target, 206 luxury apartments, Clarendale Senior Living (258 units), Northwestern Medicine's $150M outpatient center, and new ALDI. Transit Friendly: Bus Route 56 (front of site), Routes 53 & 152 (0.2 mi) CTA Blue Line (Irving Park/Addison - 0.75 mi) Metra (Grayland - 0.5 mi, Irving Park - 0.7 mi) Easy access to I-90/94 Area is seeing major public and private investment, including a $27M streetscape upgrade to Milwaukee Ave and Logan Square enhancing walkability and safety. Alderwomen is open to change and development. Demographics: 54,000+ residents within 1 mile | Avg. income: $118K 493,000+ within 3 miles | Avg. income: $127K 95,000+ local workers Highlights: Delivered vacant - ready for occupancy, lease-up, or redevelopment Full block frontage with ample parking Strong nearby retail: Target, Aldi, CVS, Starbucks, Chipotle, etc.
Location
State IL
County Cook
Interior
Cooling Central Air
Fireplace N
Exterior
View Y/N true
Building
Foundation Concrete Perimeter
Structure Type Brick,Concrete,Block
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