Property summary
This exceptional multi-tenant retail portfolio, located at 6830-6858 S Western Ave in Chicago, IL 60636, presents a compelling redevelopment opportunity. The property encompasses 12 parcels totaling 37,500 square feet of land, with 10,125 square feet of building space currently configured as a mix of Class B-C retail, mixed-use retail, condo, and studio spaces. The property boasts approximately 300 feet of frontage along Western Avenue at the intersection of 69th and Western, offering significant visibility and accessibility. The asking price is $2,800,000, translating to $276.54 per square foot. The property is zoned C2-2, allowing for a variety of potential uses. The twelve individual units provide flexibility for various business models and lease terms. This portfolio represents a unique chance to acquire a substantial retail holding with significant upside potential in a vibrant Chicago neighborhood. The existing buildings provide immediate income potential, while the expansive lot size and favorable zoning offer considerable redevelopment possibilities. This is an ideal investment for those seeking a high-return opportunity in a prime Chicago location.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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