5405 N Broadway ST Active Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60640
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12075821
Annual Tax Amount $35,426
Tax Year 2022
Property 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.
Location
State IL
County Cook
Area Chi - Edgewater
Interior
Laundry None
Exterior
Utilities Available Electric to Site,Gas to Site,Water-Municipal
Waterfront false
Building
Dwelling Type Land
Schools
School District 299 ,299, 299
Others
Special Listing Condition None