Two-Building Mixed-Use Property in Wicker Park: This exceptional mixed-use property in Wicker Park offers a unique investment opportunity. Strategically located at the corner of North Ave & Hermitage, the property comprises two distinct parcels, each with its own PIN #, and is perfectly zoned B3-3 for seasoned investors and developers. The property features a total of six residential units and 3 commercial spaces, providing a variety of income streams and development possibilities. This prime location benefits from high foot traffic, proximity to public transportation (Damen Blue Line 'L' Station), The 606 Trail, and easy access to the 90/94 Expressway. The property's B3-3 zoning allows for a wide range of commercial and mixed-use development options. The seller has invested substantial time and resources into planning a redevelopment project, including architectural services, design plans, engineering studies, and a zoning change. These comprehensive plans can be transferred to the new owner, saving on costs and expediting the development process. Additionally, the property is EPA-certified, ensuring a smooth transition. To further assist your due diligence, a survey and information on several area incentives are available upon request. Don't miss this opportunity to acquire a valuable Wicker Park property with exceptional potential.
Based on information submitted to the MLS GRID as of 09/28/2024 05:08 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.
