3500 W Lake St - Retail FOR SALE


Chicago, IL 60624- East Garfield Park
$525,000 USD
773-405-4641
3500 W Lake St, Chicago, IL for Sale
$525,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

3500 W Lake St
Chicago, IL 60624
East Garfield Park


HIGHLIGHTS

  • Corner Brick Building – Strong curb appeal and excellent street presence
  • Fully Built-Out Tavern – Operating bar with existing infrastructure, fixtures, and full City of Chicago tavern license in place
  • Large 2-Bed/1-Bath Apartment – Spacious second-floor residential unit, perfect for owner-occupant or additional rental income
  • Located in Chicago's Rapidly Developing East Garfield Park Neighborhood

OVERVIEW

Unlock a rare investment or owner-user opportunity in one of Chicago’s fastest-growing neighborhoods. Situated at the high-visibility corner of Lake Street and St. Louis Avenue, this solid brick mixed-use building offers a turnkey ground-floor tavern with a full liquor license and a large, beautifully finished two-bedroom residential unit above. Perfect for operators, investors, or those looking to live and work in the same location, this property delivers immediate income potential in a prime West Side corridor.

FOR SALE DETAILS

PRICE

$525,000 USD

PRICE/SF

$172 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Storefront, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,125 SF

ZONING

M1-3

APN/PARCEL ID

16-11-409-036-0000

ASK ABOUT THIS PROPERTY

Marcus SullivanSVN | Chicago CommercialMore Info
773-405-4641

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Marcus SullivanSVN | Chicago CommercialMore Info
773-405-4641

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