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2506 N Clybourn Avenue Chicago, IL 60614

$1,475,000
New / MLS# 12681126 / Commercial - Retail / Chicago
0 Beds
5500 SqFt

Exceptional Mixed-Use Investment Opportunity in Lincoln Park Rare opportunity to acquire a highly versatile, solid brick, corner property in the sought-after Lincoln Park/Lakeview area, offering tremendous upside potential for investors, owner-users, developers, and entrepreneurs....... The main level features a character-rich 2,700 sq ft restaurant and bar complete with a fireplace, dual bar areas, exposed brick interior, two restrooms, and a commercial kitchen area...... The second floor includes a spacious owner's apartment featuring one bedroom, a fireplace, full bathroom, in-unit laundry, and a private outdoor balcony. Also located on the second level are two additional residential units consisting of one 2-bedroom apartment and one non-conforming 1-bedroom apartment, providing excellent income-producing potential...... The unfinished basement offers abundant storage space and includes a walk-in cooler. Outside, the property features a detached two-plus-car garage and a private patio area that could be utilized for outdoor dining, entertaining, or additional off-street parking. The site has the potential to accommodate approximately 10-12 vehicles...... The building has approximately 5,500 square feet (without basement consideration) and is zoned M1-2, providing flexibility for a variety of commercial, industrial, and investment uses...... The entire property is currently vacant, allowing a new owner immediate flexibility to renovate, reposition, lease, or occupy...... Property is being sold AS-IS...... This is an outstanding opportunity in one of Chicago's most desirable and dynamic neighborhoods.

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Baird & Warner Kate Schumacher Agent Cell: 847.624.3153 Email

Property Details

Property Type: Commercial - Retail
Cooling: Central Air, Window Unit(s)
Lot Size: 0.23 Acres
Roof Type: Membrane, Rubber
Stories: 2.0
Taxes: $34,719
Year Built: 1900

Feature Descriptions

Electric: Circuit Breakers, Service - 101 to 200 Amps
Exterior: Brick
Fire Protection: Alarm On Site, Fire Extinguisher/s
Flooring: Vinyl, Wood, Other
Foundation: Block, Brick/Mortar, Stone
Frontage Type: City Street
HVAC: Central Heat/Indiv Controls, Forced Air, Gas
Lot Dimensions: 126X90X146X19
Miscellaneous Indoor: Basement
Number of Tenant(s): 0
Parcel#: 14304000020000
Parking: 6-12 Spaces, Open, Paved, Private Lot, Parking On-Site, Parking-Street
Potential Use: Commercial, Multi-Family, Retail
Units: 4
Utilities: Electric to Site, Natural Gas Available, Water Available

Location

See details and scored characteristics about this location.

Listing Office: Hometown Real Estate Group LLC

Listing Office Phone: 773-625-1121



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