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5407 N Broadway Chicago, IL 60640

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7,000 SF building in rapidly developing Edgewater neighborhood.

Type:Land
Property size:
7,000 SF
Lot size:
0.17 Acres
Added:
Jun 5, 2024
Days on Market:
668
Last Refresh:
Mar 17 at 1:25 pm

Property Features for 5407 N Broadway

General Information

Standard status
Active
Size
7,000 SF
Lot size
0.17 Acres
Property subtype
Land

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Listing Contact
Nate Gautsche

Listing agent Nate Gautsche License #IL 475120343

Listing office Chicago Real Estate Resources Inc

Listing date Jun 5, 2024

Source Crexi

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 Chicago Real Estate Resources Inc


Overview

Edgewater Automotive Repair Redevelopment Opportunity

This approximately 7,000 square foot barrel truss building presents an opportunity for purchase as an automotive repair business or for redevelopment in the rapidly developing Edgewater neighborhood. Situated on a 50' x 150' lot with alley access, the site is TOD Eligible with dash 3 zoning. The location offers proximity to the Berwyn Red Line CTA, approximately 832 feet away, and the Bryn Mawr Red Line CTA, approximately 1,192 feet away. Existing zoning permits 18 residential units above ground floor commercial within right. Parking requirement reductions are available due to TOD status. The development site is directly east of Lakewood Balmoral and Andersonville. Foster Beach and the Lakefront Trail are a 13-minute walk from the site.
Location Intelligence

Current Use by Public Records

Lakeside International Auto Auto Repair Shop

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Skin Care Clinic

Zoning and permitted uses should be independently verified with local authorities.

Similar Places Nearby

  • EGI Agency 3920 n sheridan rd, chicago, il 60613
  • Fred's Wrigleyville Garage & Auto Repair 3848 N Clark St, Chicago, IL 60613
  • I & C Auto Repair 3454 N Sheffield Ave, Chicago, IL 60657
  • Gerber Collision & Glass 3425 N Halsted St, Chicago, IL 60657
  • Illinois Glassworks Llc Chicago, IL 60657

Location Insight

  • Map
  • Local Demand
City
Chicago
County
Cook
State
Illinois
Longitude
-87.6595208
Latitude
41.9802715

FAQs

What type of property is this?
Auto shop - 7,000 SF building in rapidly developing Edgewater neighborhood.
Where is this auto shop located?
The property is located at 5407 N Broadway Chicago, IL.
What is the asking price?
The asking price for this property is $1,195,000.
What are key features of this property?
This property features: TOD Eligible site with dash 3 zoning allowing for redevelopment with potential for **18 residential units above ground floor commercial.**; Proximity to **Berwyn and Bryn Mawr Red Line CTA stations** (~832' and ~1,192' respectively).; Located in rapidly developing Edgewater, east of Lakewood Balmoral and Andersonville.
More about this property
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