For Sale
$1,050,000

3234 North Ave Chicago, IL 60647

Chicago Land: Prime Location, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
132
This exceptional Chicago property presents a unique investment opportunity. Encompassing two lots totaling 11,900 square feet, this site boasts a prime location on heavily trafficked North Avenue (IL Route 64), averaging 24,600 vehicles daily. The property includes a 3,300 square foot Art Deco building, originally a theater, featuring soaring 20+ foot ceilings, and designated parking for 26 vehicles. The lots, measuring 6,676 square feet (49' x 136.24') and 5,190 square feet (29.30' x 177.14'), are zoned B3-2 and RS-3, allowing for diverse development options, including commercial, mixed-use, and multi-family residential projects. Situated in the vibrant Humboldt Park neighborhood, this location benefits from a densely populated community and convenient access to public transportation. The existing building offers potential for adaptive reuse as a religious facility, restaurant/bar, or cultural/social organization. This property offers significant redevelopment potential in a thriving area with high visibility and strong traffic counts. Detailed surveys and additional property information are available upon request. The asking price is $1,050,000.

Highlights

  • Exceptional investment opportunity in Chicago's Humboldt Park neighborhood.
  • Two lots totaling 11,900 square feet on high-traffic North Avenue (IL Route 64), averaging 24,600 vehicles daily.
  • Includes a 3,300 sq ft Art Deco building with 20'+ ceilings and 26 parking spaces.
  • B3-2 and RS-3 zoning allows for commercial, mixed-use, and multi-family development.
  • $1,050,000 asking price.

Property Details for 3234 North Ave

Property type
Land

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.91006626
Longitude
-87.7083999

FAQs

What type of property is this?
Land - Chicago Land: Prime Location, High Traffic
Where is the land located?
The property is located at 3234 North Ave Chicago, IL.
What is the asking price?
The asking price for this property is $1,050,000.
What are key features of this property?
This property features: Exceptional investment opportunity in Chicago's Humboldt Park neighborhood.; Two lots totaling 11,900 square feet on high-traffic North Avenue (IL Route 64), averaging 24,600 vehicles daily.; Includes a 3,300 sq ft Art Deco building with 20'+ ceilings and 26 parking spaces.
How can I contact the broker?
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3234 North Ave
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