5744 Ridge Ave Chicago, IL 60660

This exceptional 4,000 square foot retail property, located at 5744 N. Ridge Ave in Chicago, Illinois (zip code 60660), presents a compelling investment opportunity. Situated on a signalized corner at Ridge and Glenwood Avenues, this one-story building boasts a prominent location within a densely populated residential area. The property is currently configured into four units and is zoned B1-2, offering significant flexibility for future development. The Cook County Assessor's Parcel Number (APN) is 14-05-322-001-0000. The asking price is $599,000. Given the B1-2 zoning, the property is well-suited for a variety of uses, including renovation and lease-up of the existing vacant spaces to generate stable cash flow. Alternatively, the site presents a strong opportunity for redevelopment into multi-unit residential rentals or condominiums, capitalizing on the high demand for housing in this vibrant neighborhood. This prime location and flexible zoning make this a truly unique investment prospect with considerable upside potential. The property's strategic position at a signalized intersection ensures high visibility and accessibility. Investors can leverage the existing structure or pursue a complete redevelopment to maximize returns. This is a rare chance to acquire a well-positioned asset in a thriving Chicago neighborhood.