5700 N Central Avenue, Chicago, IL 60646

Listing office Millennium Properties RE, Inc. d***@mpirealestate.com Show Phone

Listing date Dec 27, 2023

Source Exitrealty

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Overview

Available for sale is a 31,079 square foot land site located in the Jefferson Park neighborhood of Chicago. This buildable lot offers high visibility and can be developed for numerous commercial uses. A proposed 40-unit mixed-use property with 61 parking spaces has been considered for the site. The parcel benefits from convenient access to both public and vehicular transportation. This represents a significant opportunity for investors or developers. Jefferson Park, a 2.4 square mile neighborhood on the northwest side of the city, is home to over 25,000 residents. The area includes several commercial corridors within the largely residential neighborhood, notably along Elston Avenue, Milwaukee Avenue, and Northwest Highway.

Suggested Use

Food Market Restaurant Cafe & Coffee Shop Grocery & Convenience Store Acupuncture Hotel & Motel Bed & Breakfast Supermarket Furniture & Home Goods Restaurant

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

Location Insight

• Map
• Local Demand

City

Chicago

County

Cook

State

Illinois

Longitude

-87.7687644

Latitude

41.9849715

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FAQs

What type of property is this?

Commercial land - 31,079 SF land site in Jefferson Park, Chicago.

Where is this commercial land located?

The property is located at 5700 N Central Avenue Chicago, IL.

What is the asking price?

The asking price for this property is $3,000,000.

What are key features of this property?

This property features: Buildable 31,079 sq ft land site.; Potential for 40‑unit mixed‑use development.; Includes plans for 61 parking spaces.