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5405 N Broadway Street, Chicago, IL 60640
5405 N Broadway Street, Chicago, IL 60640
  • $1,195,000

Overview

Property ID: 12075821
  • Land
  • Property Type

Description

Excellent opportunity to purchase a longstanding automotive repair business or purchase for redevelopment in rapidly developing Edgewater! The barrel truss building is approx. 7,000 SF and sits on a 50′ x 150′ lot with alley access. The site is TOD Eligible with dash 3 zoning and proximity to the Berwyn Red Line CTA (~832′ away) and Bryn Mawr Red Line CTA (~1,192′ away). Existing zoning permits 18 residential units above ground floor commercial within right. Parking requirement reductions available due to TOD status. Edgewater continues to rapidly develop due to the access to public transit and the Lakefront. This development site is directly east of Lakewood Balmoral and Andersonville which are the two premier pockets within the larger Edgewater neighborhood. Foster Beach and the Lakefront Trail are also a 13 min walk from the site.

  • Address 5405 N Broadway Street
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60640
  • Area CHI - Edgewater

Details

Updated on December 31, 2024 at 2:29 pm
  • Property ID: 12075821
  • Price: $1,195,000
  • Garage Size: x x
  • Property Type: Land
  • Property Status: Active

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