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Wicker Park Mixed-Use Redevelopment Opportunity
For Sale
$1,950,000

1734 -1736 W North Avenue, Chicago, IL 60622

Mixed-use property in Wicker Park with redevelopment potential.

Property SizeContact for details
Days on Market481

Property Features for 1734 -1736 W North Avenue

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $42,320

Building Details

Year Built 1893
Listing Agency: COLDWELL BANKER REALTY
Listed By: LOURDES HERNANDEZ
Source: Corcoran
Added: Apr 27, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COLDWELL BANKER REALTY

Investment Insights

Based on property information with market context.

Located in Wicker Park, this mixed-use property at the corner of North Avenue and Hermitage presents a development opportunity. The property consists of two parcels, each with its own PIN, and is zoned B3-3. It features a total of six residential units and three commercial spaces. The location benefits from high foot traffic, proximity to public transportation (Damen Blue Line 'L' Station), The 606 Trail, and access to the 90/94 Expressway. The B3-3 zoning allows for a range of commercial and mixed-use development options. The seller has invested in redevelopment groundwork, including architectural designs, engineering studies, and a zoning change. These plans are for consideration per the seller's discretion. A survey and information on area incentives are available upon request. This Wicker Park asset is ideal for redevelopment opportunities.

Key Highlights

  • Prime Wicker Park location at the corner of North Ave & Hermitage with high foot traffic.
  • B3‑3 zoning allows for a wide range of commercial and mixed‑use development options.
  • Development opportunity with two parcels, each with its own PIN #.

Property Analytics

Current Use

Gabriel Enterprises Inc. (Bike/Boat/Book/etc) Store ChiBoys Retail Store Clothing Store

Suggested Use

Top Pick Nursing Home Butcher (Bike/Boat/Book/etc) Store Adult Day Care Fish Market Farmer's Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,072
Businesses Nearby
351k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 30% Shops & Services 26% Groceries 19% Apparel 9%
Jewel-Osco Groceries
65,395 visits/mo 0.3 miles
Barnes & Noble Shops & Services
48,824 visits/mo 0.3 miles
Lowe's Home Improvements & Furnishings
31,134 visits/mo 0.3 miles
BP Shops & Services
17,264 visits/mo 0.5 miles
Jeni's Splendid Ice Creams Dining
11,621 visits/mo 0.2 miles

Demographics for 60622, IL

55,075
Population
27,630
Households
2
Avg Household Size
33
Median Age
73%
College-Educated
94%
High-School Grad
2.5 sq mi
ZIP Area
22,030
Density / Sq Mi
$124,852
Median Household Income
$76,180
Median Earnings
$1,932
Median Rent
$622,900
Median Home Value

Market

Vacancy Rate% for Retail in Chicago, IL

9.1% 2019
9.2% 2020
8.8% 2021
8.1% 2022
7% 2023
6.6% 2024
7.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Mixed-use property in Wicker Park with redevelopment potential.
Where is this mixed-use property located?
The property is located at 1734 -1736 W North Avenue Chicago, IL.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Prime Wicker Park location at the corner of North Ave & Hermitage with high foot traffic.; B3‑3 zoning allows for a wide range of commercial and mixed‑use development options.; Development opportunity with two parcels, each with its own PIN #.
More about this property
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