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5700 N Elston Ave 0.72 Acres of Commercial Land Offered at $3,000,000 in Chicago, IL 60646
Investment Highlights
- Rarely available 31,079 SF development site
- Can be developed for a shopping center, gym facility, bank plus a proposed mixed-use property that could house 40 units
- Great opportunity for an investor or developer
- Situated on the hard corner of Central and Elston Avenues
- Utilities, water/sewer available to site and easy access to public transportation
- Traffic Count: 21,288 vehicles daily
Executive Summary
Available for sale is a 31,079 square foot land site in Jefferson Park neighborhood in Chicago. This highly visible, buildable lot can be developed for numerous commercial uses including a proposed 40-unit mixed-use property with 61 parking spaces. This well-located parcel has easy access to public and vehicular transportation. Great opportunity for a investor or developer.
Jefferson Park is a 2.4 square mile neighborhood on the northwest side of the city and home to more than 25,000 people. The area features several commercial corridors within the largely residential neighborhood including along Elston Ave., Milwaukee Ave. and Northwest Highway.
Jefferson Park is a 2.4 square mile neighborhood on the northwest side of the city and home to more than 25,000 people. The area features several commercial corridors within the largely residential neighborhood including along Elston Ave., Milwaukee Ave. and Northwest Highway.
Property Facts
| Price | $3,000,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Retail |
| No. Lots | 1 | Total Lot Size | 0.72 AC |
| Property Type | Land | ||
| Zoning | B3-1 | ||
| Price | $3,000,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Retail |
| Total Lot Size | 0.72 AC |
| Zoning | B3-1 |
1 Lot Available
Lot
| Price | $3,000,000 | Lot Size | 0.72 AC |
| Price Per AC | $4,164,567.03 |
| Price | $3,000,000 |
| Price Per AC | $4,164,567.03 |
| Lot Size | 0.72 AC |
Available for sale is a 31,079 square foot land site in Jefferson Park neighborhood in Chicago.
Description
Available for sale is a 31,079 square foot land site in Jefferson Park neighborhood in Chicago. This highly visible, buildable lot can be developed for numerous commercial uses including a proposed 40-unit mixed-use property with 61 parking spaces. This well-located parcel has easy access to public and vehicular transportation. Great opportunity for a investor or developer.
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Very walkable
80/100
Exceptionally drivable
90/100
Good public transit
70/100
Moderately bikeable
70/100
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5700 N Elston Ave
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