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$1,750,000
Est. payment /mo
7,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 7,000 sqft
Price per Sqft $250
MLS Listing ID 12516751
Annual Tax Amount $13,000
Tax Year 2023
Lot Dimensions 99.76 x 125
Property Sub-Type Bus / Bus w/Real Est
Property Description
The subject property is located at 6845 West Addison Street, Chicago, IL 60634 (the "Property"). This sole and exclusive Broker has been retained to present the sale of this owner-user/investment "Banquet Hall" opportunity. This urban mixed-use asset is situated in Chicago's densely populated and affluent "Schorsch Village" neighborhood. Featuring a 2-story building, 7,000 SF GLA, 3,600 SF-1st Floor (Banquet Hall), 12,470 SF (99.75 x 125) Site, and 25 plus car parking. The subject property is zoned B1-1 and comprises a basement (for storage use), three bedrooms & 2 bathrooms, and a large upscale apartment on the second floor. It is situated in a mixed retail/office and residential city setting. The property's strategic location offers convenient access to major thoroughfares, public transportation, and a wide range of amenities, including restaurants and recreational facilities. The latest neighborhood investments, including new construction condos/rentals, restaurants, and supermarkets, have steadily attracted new homeowners and tenants to this vibrant Schorsch Village in Chicago. The subject property presents a unique opportunity and is positioned as a "Turn-Key" solution for owner-user or investor.
Location
State IL
County Cook
Area Chi - Dunning
Zoning RTAIL
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electric to Site, Natural Gas Available, Water Available
Roof Type Tar/Gravel
Building
Dwelling Type Bus / Bus w/Real Est
Structure Type Brick,Concrete
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Listed by Wesley Jonberg of Baird & Warner