1734 – 1736 W North Avenue
Chicago, IL, 60622
$1,999,995
Beds
0 Baths
11,450 SqFt
0 Acres
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$1,999,995
1734 – 1736 W North Avenue
Chicago, IL, 60622
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A TWO BUILDING INVESTMENT PACKAGE and Future Development Opportunity in Wicker Park/Bucktown. Unlock the potential of Chicago’s vibrant Wicker Park neighborhood with this two-for-one sale, a prime investment and future development opportunity. Nestled at the corner of North Ave & Hermitage, this mixed-use property comprises two distinct parcels, each with its own PIN #, and is strategically zoned B3-3 perfect for seasoned investors and developers. ****1734 W. North Ave boasts a 2-story structure with a basement, offering approximately 6,200 SF of commercial space. Additionally, it features two apartments, each comprising 2 beds/1 bath. On the adjacent parcel, ****1736 W. North Ave, a 3-story building with a basement provides around 5,250 SF of commercial space. This parcel further includes four apartments, each featuring 2 beds/1 bath, and the added convenience of four dedicated parking spaces. Strategically positioned on the bustling North Avenue, this property capitalizes on high traffic flow, surrounded by an array of bars, eateries, and unique shops. Accessibility is key, with the 90/94 Expressway easily reachable and the Damen Blue Line ‘L’ Station just 0.6 miles away. This station offers direct routes to the Chicago Loop and O’Hare Airport, ensuring seamless connectivity for residents and patrons alike. For those seeking outdoor recreation, the property is just a 3-minute walk from the access point to “The 606”, an elevated public trail that adds an attractive dimension to the area. The potential for both immediate commercial returns and long-term development gains makes this property a compelling choice. To further assist your due diligence, a survey and information on several area incentives are available upon request. Seize this opportunity! contact us now to explore the possibilities. (The building data in this listing combines county based data for two properties.)

Property Details

Price:
$1,999,995
MLS #:
MRD11952661
Status:
Active
Beds:
0
Baths:
0
Address:
1734 – 1736 W North Avenue
Type:
Commercial
Subtype:
Mixed Use
City:
Chicago
Listed Date:
Mar 7, 2024
State:
IL
Finished Sq Ft:
11,450
ZIP:
60622
Year Built:
1893

Schools

Interior

Cooling
Partial

Exterior

Construction Materials
Brick
Roof
Rubber

Financial

Buyer Agent Compensation
AS A PERCENTAGE OF THE NET SALE PRICE. THE NET SALE PRICE IS THE GROSS SALE PRICE MINUS AMOUNTS TO BE CREDITED OR PAID TO THE BUYER, AS REFLECTED IN THE INITIAL SALES CONTRACT. FOR COMMERCIAL LEASE PROPERTIES, NET COMPENSATION MAY BE PAID ON NEGOTIATED VARIABLES AS INDICATED IN THE COMPENSATION/COMMISSION AGREEMENT.Net Sale Price
Net Operating Income
$86,070
Tax Year
2022
Taxes
$42,320
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Debra Dobbs is one of Chicago’s top realtors with more than 39 years in the real estate business.

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1734 – 1736 W North Avenue
Chicago, IL