7150-7160 W Grand Ave - Storefront FOR SALE


Chicago, IL 60707- Montclare
$671,000 USD
312-730-2029
7150-7160 W Grand Ave, Chicago, IL for Sale
$671,000 USD
Storefront - FOR SALE
1/7
null | Request Cap Rate

7150-7160 W Grand Ave
Chicago, IL 60707
Montclare


HIGHLIGHTS

  • Corner Lot with 128 feet of frontage on Grand Ave
  • Re Development Opportunity! Could be re-zoned!!
  • 5 Minute Walk to Train Station
  • Current Tenants on Month to Mont Leases

OVERVIEW

KW Commercial is pleased to present a development opportunity in the Montclare neighborhood of Chicago. The property, situated on a 14,810 SF (0.34 acre) lot, offers significant potential for developers. Located on a busy corner with substantial foot and vehicle traffic, the property provides substantial exposure for new development. The lot spans 14,810 SF (0.34 acres), offering space for various development possibilities and is zoned B1-2, accommodating a range of commercial and residential uses. The existing 12,200 SF building is currently used as retail and office space, providing interim rental income or redevelopment options. With 128 feet of frontage on Irving Park Rd, the property ensures visibility and accessibility, making it suitable for projects such as condos, mixed-use developments, or other commercial ventures. There is an 18,000 VPD (Vehicle Per Day) count on Grand Ave. and Harlem Ave., enhancing traffic exposure. The property is located near newer developments, a wide range of stores, and amenities including public transportation for both the CTA and Metra; two blocks from Metra Mont Clare station. Situated in the Montclare neighborhood, known for its community-oriented atmosphere and market demand, this property offers an opportunity for developers to create a significant project. For further details please contact the listing broker.

FOR SALE DETAILS

PRICE

$671,000 USD

PRICE/SF

$55 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1923

SPRINKLERS

-

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.34 AC

LAND SF

14,810 SF

ZONING

B1-2

APN/PARCEL ID

13-30-324-029-0000

ASK ABOUT THIS PROPERTY

Manny RegaladoKW Commercial ChicagoMore Info
312-730-2029

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Manny RegaladoKW Commercial ChicagoMore Info
312-730-2029

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