7150-7160 W Grand Ave 12,200 SF Vacant Retail Building Chicago, IL 60707 $375,000 ($30.74/SF)

KW Commercial is pleased to present a development opportunity in the Montclare neighborhood of Chicago. The property, situated on a 14,810 SF (0.34 acre) lot, offers significant potential for developers. Located on a busy corner with substantial foot and vehicle traffic, the property provides substantial exposure for new development. The lot spans 14,810 SF (0.34 acres), offering space for various development possibilities and is zoned B1-2, accommodating a range of commercial and residential uses. The existing 12,200 SF building is currently used as retail and office space, providing interim rental income or redevelopment options. With 128 feet of frontage on Irving Park Rd, the property ensures visibility and accessibility, making it suitable for projects such as condos, mixed-use developments, or other commercial ventures. There is an 18,000 VPD (Vehicle Per Day) count on Grand Ave. and Harlem Ave., enhancing traffic exposure. The property is located near newer developments, a wide range of stores, and amenities including public transportation for both the CTA and Metra; two blocks from Metra Mont Clare station. Situated in the Montclare neighborhood, known for its community-oriented atmosphere and market demand, this property offers an opportunity for developers to create a significant project. For further details please contact the listing broker.