1802 Chicago AveChicago, IL 60622

This exceptional Chicago property, located at 1802 W Chicago Ave, offers 6,000 square feet of versatile space in a 1-story, column-free bow truss building. Currently configured as a restaurant and apartment building, it presents significant redevelopment potential for mixed-use development. The 6,188 square foot lot is zoned B3-2, allowing for a variety of uses. Situated in the desirable West Town neighborhood, this property benefits from a prime location within a half-mile radius of nearly 20,000 residents with an average household income of $187,000. Its convenient location offers easy access to public transportation, including the CTA's 66 Chicago Avenue bus route, and is less than half a mile from I-90, providing excellent connectivity to major highways. The asking price for this value-add investment opportunity is $1,500,000. The property includes two APNs: 17-06-436-021-0000 & 17-06-436-020-0000. This presents a unique chance to capitalize on the vibrant West Town market and its strong demographics. The column-free design offers flexibility for various layouts and configurations, maximizing potential rental income or retail space utilization. The property's proximity to the Magnificent Mile further enhances its investment appeal.