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3234 W North Ave - North Avenue Humboldt Park

3,300 SF Speciality Building Offered at £828,450 in Chicago, IL 60647

Investment Highlights

  • Unique Building offers high visibility location
  • 26 car parking - Excellent opportunity to redevelop the landsites

Executive Summary

We are pleased to offer the opportunity to investigate this unique masonry art deco building that was originally built as a theater in the heart of Humboldt Park on heavily traveled North Avenue. Retrofit the existing building with its soaring high ceilings or redevelop the two landsites. The property enjoys the benefits of a high traffic location, excellent visibility, densely populated community, and immediate access to public transportation.
¨       Unique Art Deco design 3,300 square foot building originally built as a theater features 20+ foot high ceilings
¨       Two lots provide designated parking for 26 vehicles
¨       Heavily traveled North Avenue (IL Route 64)/Average Daily Traffic Count of 24,600 vehicles
¨       Possible adaptive retrofit of building for religious facility, restaurant/bar, cultural/social organization, or other possibilities
¨       Development opportunities present itself with a 6,676 SF corner lot (49’ x 136.24’) and 5,190 SF (29.30’ x 177.14’) lot
¨       B3-2 and RS-3 zoned sites allow numerous commercial, mixed-used, and multi-family residential development options
¨       Dynamic Humboldt Park community has experienced a steady mix of both commercial and residential development
 
¨       Densely populated neighborhood
-       Immediate access to public transportation
Surveys and additional property information available upon request

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Annual Annual Per SF
Taxes - -
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2024) Click Here to Access

Taxes
Annual -
Annual Per SF -
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £828,450
Price Per SF £251
Sale Type Owner User
Property Type Speciality
Lot Size 0.27 AC
Building Size 3,300 SF
Number of Floors 1
Year Built 1900
Parking Ratio 7.88/1,000 SF

Amenities

  • Bus Route
Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
13-35-423-031-0000
Land Assessment
£23,473
Improvements Assessment
£22,725
Total Assessment
£46,198

zoning

Zoning Code B3-2 and R3-2 (6,676 SF North Avenue property is zoned B3-2 and the 1617 N. Sawyer Avenue property is zoned R3-2)
B3-2 and R3-2 (6,676 SF North Avenue property is zoned B3-2 and the 1617 N. Sawyer Avenue property is zoned R3-2)
  • Listing ID: 31290591

  • Date on Market: 21/03/2024

  • Last Updated:

  • Address: 3234 W North Ave, Chicago, IL 60647

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