Portage Park Redevelopment Opportunity
1,700 SF | Office Building | Chicago, IL 60634 | $325,000 ($191/SF)
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $325,000
- Property Type
-
Office
- Square Feet
- 1,700 SF
- Price / Square Foot
- $191
Listing Contacts
Ron Roberti
Verified Profile
- Property Info
Property Overview
This prime corner site offers a wide range of options. Update current building or redevelop 5,700 sf lot. Mixed use with office, medical or retail with condos or apartments on upper levels. Build up top 38' per current zoning. Possible to request a height variance for 3-4 story building. Alderman bullish on new development that enhances Portage Park. See the mixed use rendering provided.
Portage Park is located on the northwest side of the City of Chicago, Illinois and is one of 77 officially designated Chicago community areas. Portage Park is bordered by the community areas of Jefferson Park and Forest Glen to the north, Dunning and the suburb of Harwood Heights to the west, Irving Park to the east and Belmont-Cragin to the south.
The area is notable for its Six Corners outdoor shopping district, centered at the intersection of Irving Park Road, Cicero Avenue and the diagonal Milwaukee Avenue, the Portage Theater and for its namesake - Portage Park.
Portage Park is located on the northwest side of the City of Chicago, Illinois and is one of 77 officially designated Chicago community areas. Portage Park is bordered by the community areas of Jefferson Park and Forest Glen to the north, Dunning and the suburb of Harwood Heights to the west, Irving Park to the east and Belmont-Cragin to the south.
The area is notable for its Six Corners outdoor shopping district, centered at the intersection of Irving Park Road, Cicero Avenue and the diagonal Milwaukee Avenue, the Portage Theater and for its namesake - Portage Park.
Property Details
- Class
- C
- Year Built
- 1970
- Stories
- 1
- Property Subtype
- Medical, Freestanding, Storefront Retail/Residential, Office/Residential
- Lot Size (sq. ft)
- 5,663 SF
Highlights
- Building currently houses podiatrist practice
- Office / Medical
- Corner lot
- Generous zoning for redevelopment / conversion ideas
- Private 12 car parking lot
- Close proximity to Portage Park Senior Center, Park, Dog Park
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