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- LoopNet Team
3900 W Columbus Ave
Chicago, IL 60652
Auction - Chicago Southside - Redevelopment · Land For Sale
·
2.12 AC
INVESTMENT HIGHLIGHTS
- STARTING BID $250,000 | 27,100 SF Retail Building + 1.48 AC Parking Lots | Zoned B3-1, M1-1, and Resi | AUCTION NOVEMBER 13-15, 2023
- 16,300 VPD Traffic Counts Passing Site with Nearby Signalized Intersection of Pulaski, W 87th Street and Southwest Highway Having over ±63K VPD
- Dense 2023 Population over 215,000 within 3-Miles and Average Household Income over $87,000 | One Block from Metra
- Former Bowling Alley and Restaurant with Additional Satellite Parking Lots (Nine Separate Parcels)
- Bowling Alley is Zoned for Residential and Separately Parceled Off-Site Parking Lots are Zoned B3-1 (Retail, Business) and M1-1 (Light Manufacturing,
- Nearby National Retailers: Meijer, Menards, Sam’s Club, Target, Dunkin, Walmart, Aldi, Costco, and more
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 2.12 AC |
| Property Subtype | Commercial | ||
| Zoning | B3-1 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.12 AC |
| Zoning | B3-1 |
DESCRIPTION
Register to Bid and Access Due Diligence Documents on RealINSIGHT Marketplace https://rimarketplace.com/auction/1714/27-100-sf-retail-building-1.48-ac-parking-lots-zoned-b3-1-m1-1-and-resi?utm_source=costar&utm_medium=listing&utm_campaign=retail_1714 Marcus & Millichap and RI Marketplace are pleased to offer for auction the former Bluebird Lanes bowling alley and additional parking lots located at 3900 W Columbus Avenue in Chicago, IL (the “Properties”). The Properties are located just off the 63,000 vehicle per day three-way intersection of Pulaski Rd/87th St/Columbus Ave and span three separate locations (nine PINs) along Columbus Avenue. The Properties offer an exceptional redevelopment opportunity with significant value enhancement potential and will be sold together. The Bowling Alley site consists of a single-story building totaling 27,100 square feet. The building benefits from 297 feet of frontage along Columbus Avenue and visibility to traffic counts of 16,300 vehicles per day. The other two sites also benefit from high traffic counts along W Columbus Avenue. According to the alderman’s of?ce, the bowling alley site is zoned residential. The parcels bordered by Spring?eld and Columbus are zoned B3-1 and the last parcel facing Columbus are zone M1-1. This dense pocket of Chicago has a population of 215,521 within a three-mile radius with an average household income of $85,168. Scott Bowers c/o Fisher Auction Company Inc. License: 040000273
