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5828 N Broadway St 0.15 Acres of Commercial Land Offered at $1,250,000 in Chicago, IL 60660
INVESTMENT HIGHLIGHTS
- Recently approved to be up-zoned to B3-5
- Prime opportunity for developers to deliver a boutique multi-family or mixed-use project
- Offers excellent visibility and accessibility
EXECUTIVE SUMMARY
5830 N. Broadway, a 6,750 square foot development site located in Chicago's Edgewater neighborhood, is notably situated within the section of Broadway (between Foster Ave. and Devon Ave.), recently approved to be up-zoned to B3-5. Positioned along the vibrant Broadway corridor, the property offers excellent visibility and accessibility, surrounded by a mix of residential, retail, and dining options. With close proximity to the Thorndale Red Line station, Lake Shore Drive, and Lake Michigan, this site represents a prime opportunity for developers to deliver a boutique multi-family or mixed-use project in one of Chicago's most dynamic and transit-oriented North Side communities.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER AC |
|---|---|---|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
PROPERTY FACTS
| Price | $1,250,000 | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 0.15 AC |
| No. Lots | 1 | No. Stories | 2 |
| Property Type | Land | ||
| Zoning | B3-5 | ||
| Price | $1,250,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.15 AC |
| No. Stories | 2 |
| Zoning | B3-5 |
1 LOT AVAILABLE
Lot
| Price | $1,250,000 | Lot Size | 0.15 AC |
| Price Per AC | $8,066,649.89 |
| Price | $1,250,000 |
| Price Per AC | $8,066,649.89 |
| Lot Size | 0.15 AC |
1 1
Walk Score®
Walker's Paradise (95)
Transit Score®
Excellent Transit (74)
Bike Score®
Very Bikeable (87)
PROPERTY TAXES
| Parcel Number | 14-05-315-030-0000 | Total Assessment | $59,400 |
| Land Assessment | $57,375 | Annual Taxes | ($1) |
| Improvements Assessment | $2,025 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
14-05-315-030-0000
Land Assessment
$57,375
Improvements Assessment
$2,025
Total Assessment
$59,400
Annual Taxes
($1)
Tax Year
2024
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5828 N Broadway St
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