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6845 W Addison Street Chicago, IL 60634

$1,750,000
Price Change / MLS# 12516751 / Commercial - Investment / Chicago
0 Beds
7000 SqFt

The subject property is located at 6845 West Addison Street, Chicago, IL 60634 (the Property). This sole and exclusive Broker has been retained to present the sale of this owner-user/investment Banquet Hall opportunity. This urban mixed-use asset is situated in Chicago's densely populated and affluent Schorsch Village neighborhood. Featuring a 2-story building, 7,000 SF GLA, 3,600 SF-1st Floor (Banquet Hall), 12,470 SF (99.75 x 125) Site, and 25 plus car parking. The subject property is zoned B1-1 and comprises a basement (for storage use), three bedrooms & 2 bathrooms, and a large upscale apartment on the second floor. It is situated in a mixed retail/office and residential city setting. The property's strategic location offers convenient access to major thoroughfares, public transportation, and a wide range of amenities, including restaurants and recreational facilities. The latest neighborhood investments, including new construction condos/rentals, restaurants, and supermarkets, have steadily attracted new homeowners and tenants to this vibrant Schorsch Village in Chicago. The subject property presents a unique opportunity and is positioned as a Turn-Key solution for owner-user or investor.

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Baird & Warner Leah Marable 708.846.1496 Email

Property Details

Property Type: Commercial - Investment
Cooling: Central Air
Lot Size: 0.29 Acres
Roof Type: Tar/Gravel
Stories: 2.0
Taxes: $13,000

Feature Descriptions

Current Use: Commercial
Drains: Fire Escape, Accessible Entrance, Security Lighting, Security System
Exterior: Brick, Concrete
Frontage Type: City Street, Alley Access, Paved
HVAC: Forced Air
Location: Mixed Use Area, Free Standing/Urban, In City Limits
Lot Dimensions: 99.76 x 125
Miscellaneous Indoor: Accessible Entrance, Private Restroom/s, Storage Inside, Laundry Room
Miscellaneous Outdoor: Fire Escape, Accessible Entrance, Security Lighting, Security System
Parcel#: 13193070060000
Potential Use: Commercial, Condominium, Residential, Multi-Family, Single Family, Zoning Change Required
Tenant Pays: Air Conditioning, Electricity, Heat, Janitorial Service, Taxes, Insurance, Repairs, Scavenger, Sewer, Other, All Utilities, Trash Collection
Utilities: Electric to Site, Natural Gas Available, Water Available

Location

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