1940 W Irving Park Rd - Storefront Retail/Office FOR SALE


Chicago, IL 60613
$790,000 USD
312-316-2300
1940 W Irving Park Rd, Chicago, IL for Sale
$790,000 USD
Storefront Retail/Office - FOR SALE
1/15
null | Request Cap Rate

1940 W Irving Park Rd
Chicago, IL 60613


HIGHLIGHTS

  • On Irving Park just east of Damen/Lincoln/Irving Park intersection
  • 800' west of the Irving Park CTA stop for potential TOD designation
  • Eclectic facade that was originally a bank when it was constructed
  • Heavy traffic flow along Irving Park
  • Opportunity to renovate for retail and residential

OVERVIEW

Fee-simple. Two-story masonry property was built in 1921 and is approximately 5,925 sf (excluding basement) on 2,963 sf land (25' x 118.51'). Zoning is B1-2. It is located 100' east of Lincoln/Damen/Irving Park intersection. and approx 800' west of the CTA Brown Line station at Irving Park Rd. and Ravenswood. The property could be renovated or razed and redeveloped with upzoning. 2022 prop taxes were $17,355.

FOR SALE DETAILS

PRICE

$790,000 USD

PRICE/SF

$124 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

REDUCED PRICE -North Center Property for Sale

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1921

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

B1-2

APN/PARCEL ID

14-18-423-049-0000

ASK ABOUT THIS PROPERTY

Joe PadorrSeneca Real Estate Group, LLCMore Info
312-316-2300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Joe PadorrSeneca Real Estate Group, LLCMore Info
312-316-2300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.