5130-5142 Western Ave Chicago, IL 60625
This exceptional 17,751 square foot commercial land parcel presents a prime development opportunity in Chicago's vibrant Lincoln Square neighborhood. Located at 5130-5142 N. Western Avenue, this property boasts high visibility with 156 feet of frontage on Western Avenue and a depth of 114 feet, offering excellent building access from the west. The site comprises six contiguous lots, zoned B3-2 & B2-2, providing flexibility for a variety of development projects. Its strategic location offers convenient access to Lake Michigan (Foster Beach), the Brown Line (Western and Lawrence station), and the bustling shops of Lincoln Square and restaurants of Andersonville. The property's Transit-Oriented Development (TOD) eligibility further enhances its appeal, capitalizing on its proximity to public transportation and a densely populated area. Easy access to Lake Shore Drive provides convenient connections throughout the city. APN: 13-12-401-043-0000
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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