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3515 W Grand Ave 0.27 Acres of Commercial Land Offered at $1,600,000 in Chicago, IL 60651
Investment Highlights
- Development Land
- Investment Retail Space
Executive Summary
7200 sq ft. building sitting on triangular 22.400 sq ft lot. 2400 sq ft rented to well-known catering company with full commissary kitchen in place with large hood and black iron and walk in cooler. 4800 sq ft of high ceiling wide open space available for lease at $20 NNN. Multi stall ADA bathrooms and multiple entrance that would allow the space to be divided. Property perfect for owner user or investment as well as potential development sight in changing pocket of Humboldt Park. Roof top updated HVAC units and newer roof. Parking lot with 28 spaces and entry/exit gates on Grand and Thomas Streets. Area tenants include Cermack Fresh Market, Auto Zone, Fresenius Kidney Care Center and Right Way Sign Company. Directly next to local park. Easy access to Multiple direction bus stops and 1/4 mile to heart of Humboldt Park itself.
Property Facts
| Price | $1,600,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.27 AC |
| Zoning | B3-1 | ||
| Price | $1,600,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.27 AC |
| Zoning | B3-1 |
1 Lot Available
Lot
| Price | $1,600,000 | Lot Size | 0.27 AC |
| Price Per AC | $5,925,925.93 |
| Price | $1,600,000 |
| Price Per AC | $5,925,925.93 |
| Lot Size | 0.27 AC |
7200 sq ft. building sitting on triangular 22.400 sq ft lot.
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Very walkable
80/100
Fairly drivable
50/100
Good public transit
70/100
Very bikeable
80/100
Property Taxes
| Parcel Number | 16-02-403-003-0000 | Improvements Assessment | $9,014 |
| Land Assessment | $38,253 | Total Assessment | $47,267 |
Property Taxes
Parcel Number
16-02-403-003-0000
Land Assessment
$38,253
Improvements Assessment
$9,014
Total Assessment
$47,267
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