6500 N Western Ave - Retail FOR SALE


Chicago, IL 60645- West Rogers Park
$12,000,000 USD
773-983-1553
6500 N Western Ave, Chicago, IL for Sale
$12,000,000 USD
Retail - FOR SALE
1/29
null | Request Cap Rate

6500 N Western Ave
Chicago, IL 60645
West Rogers Park


OVERVIEW

Former Ford Motor Car Dealership. Exceptional Location Opportunity. Rare opportunity to acquire this high-visibility, high-traffic corner site that is ideal for a wide range of uses. The former Ford Motors Car dealership location. Approximately 65,000 Sq. ft. of land site includes a 31,000 sq. ft. building and ample parking, located on the prominent corner of Western Avenue just north of Devon Avenue. Positioned directly across from Warren Park and block away from Honda car dealership and the World's district of Devon Ave. The existing facility is well-equipped to support car dealership, automotive-related businesses offering a showroom, conference rooms, learning center, receptionist, administrative offices, service representative booths, repair shop, body shop, car wash, and Auto-parts department. However, the site also offers significant redevelopment potential for a variety of commercial or mixed-use projects. 65,000 Sq. ft. land/31,000 sq. ft. building, dedicated parking lot. Excellent Western Ave., frontage of 400 feet plus. Minutes from Lake Shore Drive, major roads, and interstates. Potential benefits from inclusion in a Tax Increment Financing (TIF) District. This is one of the few remaining large parcels in the area with such diverse possibilities, perfect for auto dealerships, service centers, or redevelopment into retail, banquet, or mixed-use use. The site enjoys outstanding exposure and accessibility. Don’t miss this rare opportunity to own/operate or invest in a prime corner site in a vibrant, high-demand corridor.

FOR SALE DETAILS

PRICE

$12,000,000 USD

PRICE/SF

$484 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.13 AC

LAND SF

49,223 SF

ZONING

C2-2

APN/PARCEL ID

10-36-423-031-0000

ASK ABOUT THIS PROPERTY

Mark AhmadCentury 21 Circle CommercialMore Info
773-983-1553

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Mark AhmadCentury 21 Circle CommercialMore Info
773-983-1553

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