700-708 Ashland Ave Chicago, IL 60622

This exceptional 12,457 square foot commercial land parcel presents a remarkable investment opportunity in Chicago's vibrant West Town neighborhood. Located at 700-708 Ashland Avenue, this property boasts a highly desirable C2-3 zoning designation, allowing for diverse development options. The lot sits on the hard corner of Ashland and Huron, offering excellent visibility and accessibility. This strategically positioned property is just one block south of Chicago Avenue, a bustling hub of popular restaurants and bars. The surrounding area has experienced significant recent growth, with a surge in both residential and retail development, including single-family homes, condos, and new commercial ventures. The C2-3 zoning permits the construction of approximately 23 residential units, with commercial space allowed on the first floor, making this an ideal site for a mixed-use development. The property is part of a larger 21,925 square foot parcel, offering potential for future expansion or joint development opportunities. This prime location and flexible zoning make this an exceptional opportunity for developers seeking to capitalize on West Town's thriving market. The asking price for this exceptional property is $3,100,000. The Cook County address is 700-708 Ashland Ave, Chicago, IL 60622.