3234 North Ave Chicago, IL 60647
- Land
Current Use by Public Records
- Andersen Morgan Funeral Home / Funeral Home / Cremation Service
Property Details for 3234 North Ave
- Property type
- Land
Description
This exceptional Chicago property presents a unique investment opportunity. Encompassing two lots totaling 11,900 square feet, this site boasts a prime location on heavily trafficked North Avenue (IL Route 64), averaging 24,600 vehicles daily. The property includes a 3,300 square foot Art Deco building, originally a theater, featuring soaring 20+ foot ceilings, and designated parking for 26 vehicles. The lots, measuring 6,676 square feet (49' x 136.24') and 5,190 square feet (29.30' x 177.14'), are zoned B3-2 and RS-3, allowing for diverse development options, including commercial, mixed-use, and multi-family residential projects. Situated in the vibrant Humboldt Park neighborhood, this location benefits from a densely populated community and convenient access to public transportation. The existing building offers potential for adaptive reuse as a religious facility, restaurant/bar, or cultural/social organization. This property offers significant redevelopment potential in a thriving area with high visibility and strong traffic counts. Detailed surveys and additional property information are available upon request. The asking price is $1,050,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Chicago
- County
- Cook
- State
- Illinois
- Longitude
- -87.7084
- Latitude
- 41.9101
