4044-4046 W North Ave - Storefront Retail/Residential FOR SALE


Chicago, IL 60639- Hermosa
$475,000 USD
312-361-1645
4044-4046 W North Ave, Chicago, IL for Sale
$475,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | Request Cap Rate

4044-4046 W North Ave
Chicago, IL 60639
Hermosa


HIGHLIGHTS

  • REPOSITIONING & VALUE ADD OPPORTUNITY
  • UPGRADED, WELL MAINTAINED APARTMENT
  • TRANSIT ORIENTED LOCATION
  • HIGH-DEMAND URBAN LOCATION
  • STRONG DEMOGRAPHICS & TRAFFIC COUNTS
  • VACANT

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase an investment property located at 4044-4046 W North Avenue in Chicago, Illinois (the “Property”). The Property is vacant and is improved by a 4,500 square foot two-story mixed-use building on a 3,125 square foot (0.07-acre) parcel of land. The Property offers a commercial suite on the first floor, a nicely appointed residential unit on the second floor, and two (2) uncovered parking spaces. The Property is zoned B1-2 Neighborhood Shopping District, one of the most versatile zoning designations in the city of Chicago. The Property offers the opportunity to lease the Property as an investment opportunity or to use the Property as an owner-user opportunity. The Property is well-located along W North Avenue in Chicago’s Humboldt Park neighborhood, a high-density, inner-urban core neighborhood 6-miles west of Downtown Chicago. The Property is convenient to the area’s primary commercial corridors, W North Avenue and N Cicero Avenue, and offers easy access to the the Pulaski and Cicero Stations (CTA Green Line) and Western Metra Stations (MD-W Line). The high-demand for real estate with proximity to “L” Stations, area schools and primary commercial corridors, make this a great opportunity for an investor seeking an owner-user or repositioning site in Chicago.

FOR SALE DETAILS

PRICE

$475,000 USD

PRICE/SF

$106 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

North Ave Mixed-Use

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1911

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

B1-2

APN/PARCEL ID

13-34-429-030-0000

ASK ABOUT THIS PROPERTY

Dan TilsnerHorvath & TremblayMore Info
312-361-1645

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

Dan TilsnerHorvath & TremblayMore Info
312-361-1645

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