Davis Building - Edgewater | For Sale

24,875 SF | Vacant | Retail Building | Chicago, IL 60640 | $2,999,000 ($121/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,999,000

Property Type
Retail
Square Feet
24,875 SF
Price / Square Foot
$121

Listing Contacts

Tuyen Nguyen, CCIM
Tuyen Nguyen, CCIM
Verified Profile
  • Property Info

Property Overview

Introducing, Davis Building, located at 5250-5258 North Broadway Street in Chicago’s Edgewater neighborhood. Exclusively listed by CRER Director, Tuyen Nguyen, CCIM, the building is being offered for sale for the first time in over 40 years and is a one-of-a-kind opportunity.
The structure is a prime opportunity for redevelopment into a neighborhood gem. The building’s exterior is in perfect condition and offers the potential for a truly extraordinary makeover. The interior offers the potential for modern residential units above and restaurants and retail shops on the first floor. With its convenient location and stunning exterior, this building is an ideal opportunity to create a unique living, shopping, and dining experience in the area. This is an opportunity that should not be passed up.
The building has a typical floor size of 8,292 SF and is constructed with masonry. The Walk Score® is an incredible Walker’s Paradise (95) and the Transit Score® is Excellent Transit (76). It is zoned B1-2 and current tenants include About Face Theatre, Greene & Proppe Design, Inc., American Family Insurance, and Help At Home.
The Davis Building is conveniently located close to public transportation, making it easy for potential tenants to access. This is an amazing opportunity to own a unique piece of architecture and develop it into something incredible. Don’t miss out on this one-of-a-kind opportunity – contact Tuyen Nguyen, CCIM, for more information about the Davis Building today.

Property Details

Class
C
Year Built/Renovated
1965/1993
Stories
3
Property Subtype
Storefront Retail/Office, Storefront, Loft/Creative Space, Office/Residential
Lot Size (sq. ft)
10,890 SF

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