1650 W Monterey Ave | Chicago, IL 60643
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This Retail Property is no longer advertised on LoopNet.com.
1650 W Monterey Ave
Chicago, IL 60643
Universal Hagars Spiritual Church · Retail Property For Sale

INVESTMENT HIGHLIGHTS
- Prime Chicago Location – Situated in Morgan Park, just 3 blocks from the 111th St.–Morgan Park Metra Station and 1 block from the I-57/Dan Ryan
- Proven Multi-Family Viability – The vacant lot behind the church housed multi-family living as recently as June 2023.
- TIF District Incentives – Located in the 119th Street/I-57 Tax Increment Financing district (Ref. T-125), offering potential financial benefits
- Mixed-Use Zoning (B3-1) – Ideal for retail on the first floor with residential apartments above, in line with Chicago’s thriving mixed-use development
- High Visibility & Foot Traffic – Located on a heavily traveled street, one block from Morgan Park High School, and in a vibrant commercial corridor.
- Flexible Redevelopment Options – Reuse existing building for community or commercial purposes, or rebuild for retail plus apartments
PROPERTY FACTS
Property Type
- Retail
- General Retail Convenience Store
- General Retail Freestanding
- General Retail Storefront Retail/Residential
Building Size
1,300 SF
Year Built
1888
Tenancy
Single
Building Height
1 Story
Building FAR
0.28
Lot Size
0.11 AC
Zoning
B3-1 - Shopping centers, large stores, and retail storefronts, often along major streets. Apartments permitted above the ground floor.
AMENITIES
- Corner Lot
- Freeway Visibility
PROPERTY TAXES
| Parcel Number | 25-19-205-029-0000 | Improvements Assessment | $2,400 |
| Land Assessment | $1,189 | Total Assessment | $3,589 |
PROPERTY TAXES
Parcel Number
25-19-205-029-0000
Land Assessment
$1,189
Improvements Assessment
$2,400
Total Assessment
$3,589
Listing ID: 37261962
Date on Market: 8/13/2025
Last Updated:
Address: 1650 W Monterey Ave, Chicago, IL 60643
The Morgan Park Retail Property at 1650 W Monterey Ave, Chicago, IL 60643 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
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