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5703 N Elston Ave - 5703-5717 N Elston
14,705 Acres of Commercial Land Offered at £938,940 in Chicago, IL 60646
Investment Highlights
- 14,705 square foot redevelopment site: 5703 is a 1,140 SF auto repair shop, 5713 is a 3,125 SF lot, and 5717 is a 1,200 SF commercial building
- Leased for $4,592/mo MTM
- Perfect development opportunity: potential to develop mixed-use with retail and apartments or multi-tenant commercial property
- Auto repair shop is improved with two service bays and office/waiting area
- Heavily-trafficked corner and Central and Elston, each with frontage of 150'
- Dense urban population with strong demographics
Executive Summary
The location benefits from the easy access to I-90, the Jefferson Park Transit Center and excellent visibility. The neighborhood features several commercial corridors including along Elston Avenue, Milwaukee Avenue, and Northwest Highway.
Property Facts
| Price | £938,940 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 14,705.00 AC |
| Price | £938,940 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 14,705.00 AC |
1 Lot Available
Lot
| Price | £938,940 | Lot Size | 14,705.00 AC |
| Price Per AC | £64 |
| Price | £938,940 |
| Price Per AC | £64 |
| Lot Size | 14,705.00 AC |
A 14,705 square foot corner redevelopment site in Jefferson Park is available for sale.
Description
A 14,705 square foot corner redevelopment site in Jefferson Park is available for sale. Currently, the site is improved with a muffler/auto-repair shop, a commercial storefront with a 750 square foot garage and a fenced area for outdoor storage. The property can potentially be redeveloped as a mixed-use building with retail and apartments or as a multi-tenant commercial building.
PROPERTY TAXES
| Parcel Number | 13-05-415-038-0000 | Improvements Assessment | £0 |
| Land Assessment | £7,335 | Total Assessment | £7,335 |
PROPERTY TAXES
zoning
| Zoning Code | B3-1 |
| B3-1 |
Presented by
5703 N Elston Ave - 5703-5717 N Elston
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