For Sale
$349,000

2540 Chicago AveChicago, IL 60622

Vibrant Ukrainian Village, High Visibility

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional 1,350 square foot mixed-use property, located at 2540 W Chicago Ave in Chicago's dynamic Ukrainian Village neighborhood, presents a compelling investment opportunity. Boasting prime frontage on Chicago Avenue, this Class A building enjoys high visibility and robust foot traffic. The adaptable space, zoned C1-C2, allows for a variety of uses, including medical offices, retail storefronts, and traditional office spaces. Potential uses are diverse and include residential options like artist live/work spaces, a range of commercial ventures such as retail shops, limited-service restaurants, salons, and business support services, and even public or civic uses like daycares. The C2 zoning further expands possibilities to include taverns, larger restaurants, and light manufacturing. This property's flexibility makes it ideal for establishing a new business, creating a unique live/work environment, or developing a lucrative rental portfolio. The asking price is $349,000. This is a rare chance to acquire a high-profile commercial space in a thriving Chicago neighborhood. The property's location ensures consistent exposure and strong potential for return on investment. Don't miss this chance to own a piece of Chicago's vibrant Ukrainian Village.

Highlights

  • $349,000 asking price for a 1,386 square foot mixed-use building.
  • Class A property with a C1-C2 zoning designation.
  • Located in Chicago's Ukrainian Village, offering high visibility on Chicago Avenue with strong foot traffic.
  • Prime frontage on Chicago Avenue.
  • Versatile space suitable for various uses including medical, retail, office, and residential (live/work).

Property Details for 2540 Chicago Ave

Property type
Retail properties, Office properties
Square Feet
1,350 SF
Class
A

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8958351
Longitude
-87.6909466
2540 Chicago Ave, Chicago, Illinois

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2540 Chicago Ave
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