3751-3759 N. Western Ave
Chicago, IL 60618
3751-3759 N. Western Ave
Chicago, IL 60618
  • Asking Price: $4,600,000
  • Property Type: Multi-Tenant
  • Status: Available
PROPERTY DETAILS:

Rare infill site offering immediate income and long-term growth

In-place rents offset carry costs during construction

Existing mixed-use building was fully gut rehabbed in 2018 with minimal deferred maintenance or capex required

B3-3 zoning allows for up to 22 additional dwelling units as-of-right with no parking

Room to increase rents on a handful of existing units

Core location in strong rental submarket, located one block from Bell Elementary, a desirable and highly rated K-8 CPS school

Conveniently accessible with CTA bus stop located in front of the building and I-90/94 located 1.5 miles away