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1734 -1736 W North Avenue

Chicago, IL 60622
  • $1,950,000
  • STATUS: Active Under Contract
  • ON SITE: 20 Days
  • MLS #: 12273470
Under Contract
UPDATED: 75 min ago
$1,950,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1893
County:
Area:

School Ratings & Info

Description

1734-1736 W. North Ave; This exceptional mixed-use property in Wicker Park offers a development opportunity. Strategically located at the corner of North Ave & Hermitage, the property comprises two distinct parcels, each with its own PIN #, and is perfectly zoned B3-3 for seasoned investors and developers. The property features a total of six residential units and 3 commercial spaces, providing a variety of development possibilities. This prime location benefits from high foot traffic, proximity to public transportation (Damen Blue Line 'L' Station), The 606 Trail, and easy access to the 90/94 Expressway. The property's B3-3 zoning allows for a wide range of commercial and mixed-use development options. The seller has strategically invested in redevelopment groundwork, including architectural designs, engineering studies, and a zoning change. These plans are for consideration per seller's discretion. To further assist your due diligence, a survey and information on several area incentives are available upon request. Prime Wicker Park asset with significant upside-ideal for redevelopment opportunities.

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© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2025-02-08T17:02:06.033 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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1734 -1736 W North Avenue Chicago, IL 60622

  • Price: $1,950,000
  • Status: Active Under Contract
  • On Site: 20 Days
  • Updated: 75 min ago
  • MLS #: 12273470
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1893
Built
Neighborhood:
Cook
County:
Cook
Area:
Cook
Property Description
1734-1736 W. North Ave; This exceptional mixed-use property in Wicker Park offers a development opportunity. Strategically located at the corner of North Ave & Hermitage, the property comprises two distinct parcels, each with its own PIN #, and is perfectly zoned B3-3 for seasoned investors and developers. The property features a total of six residential units and 3 commercial spaces, providing a variety of development possibilities. This prime location benefits from high foot traffic, proximity to public transportation (Damen Blue Line 'L' Station), The 606 Trail, and easy access to the 90/94 Expressway. The property's B3-3 zoning allows for a wide range of commercial and mixed-use development options. The seller has strategically invested in redevelopment groundwork, including architectural designs, engineering studies, and a zoning change. These plans are for consideration per seller's discretion. To further assist your due diligence, a survey and information on several area incentives are available upon request. Prime Wicker Park asset with significant upside-ideal for redevelopment opportunities.
Exterior Features

Docks None Exterior Building Type Brick Foundation Details BlockStone Frontage Type City Street Outdoor Parking 1-5 Spaces Roof Rubber Roof Structure Flat

Interior Features

Cooling Partial Heat Ventilation Forced Air

Property Features

Additional Parcels YN Yes Approximate Age Older Building Area Total 11450 Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show No - has seller written direction Current Use Commercial Electric Circuit Breakers Fire Protection Smoke or Fire Protectors Geographic Locale Chicago West Gross Income 152280 Gross Scheduled Income 152280 Insurance Expense 8400 Mls Actual Status Contingent Net Operating Income 86070 Number Of Tenants 8 Operating Expense 66209 Ownership Types Individual Property Sub Type Mixed Use Rental Price 1 Tax Annual Amount 42320 Tax Year 2022 Tenant Pays ElectricityHeat Total Monthly Income 12690 Township West Chicago Type Mixed Use Zoning COMMR

Listing information © 2025 Midwest Real Estate Data LLC.
Listing provided courtesy of Coldwell Banker Realty: 312-266-7000.


© 2025 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or Ryan Dallas Real Estate. Based on information submitted to the MRED as of 2025-02-08T17:02:06.033 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

Digital Millennium Copyright Act
 
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