For Sale
$5,500,000

1640 Fullerton Ave Chicago, IL 60614

Prime Chicago corner, vacant, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
126
This exceptional redevelopment opportunity presents a vacant, two-story, 5,274 square foot retail building situated on a 12,310 square foot lot at 1640 W Fullerton Avenue in Chicago, Illinois (zip code 60614). Built in 2004, this Class B property boasts a convenient drive-thru facility and 11 parking spaces, ensuring ample accessibility for future tenants. The building's previous use as a bank and convenience store provides a versatile layout featuring eight offices, a conference room, break room, bathrooms, and a passenger elevator. Its prime corner location offers excellent visibility and signage opportunities, further enhanced by its proximity to the high-traffic intersection of I-90/I-94 (just 0.5 miles away). The property is zoned M1-2 and is located within an Enterprise Zone, potentially offering significant tax advantages. The asking price for this vacant, value-add investment is $5,500,000. The Cook County Assessor's Parcel Number (APN) is 14-30-400-061-0000. This property presents a unique chance to capitalize on a high-traffic location and create a thriving retail space. The building's existing infrastructure and convenient amenities provide a solid foundation for a variety of redevelopment projects. The property is ADA accessible.

Highlights

  • Drive-thru available.
  • 11 parking spaces, ADA accessible.
  • 8,000+ SF two-story former bank building; features 8 offices, conference room, break room, restrooms, and passenger elevator.
  • Prime corner redevelopment opportunity.
  • 0.5 miles from I-90/I-94 interchange.
  • High-traffic corner location with excellent signage potential.

Property Details for 1640 Fullerton Ave

Property type
Retail properties, Retail space
Class
B
Year Built
2004
Buildings
1
Stories
2

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9253023
Longitude
-87.6698307
1640 Fullerton Ave, Chicago, Illinois

FAQs

What type of property is this?
Retail property - Prime Chicago corner, vacant, value-add opportunity.
Where is the retail property located?
The property is located at 1640 Fullerton Ave Chicago, IL.
What is the asking price?
The asking price for this property is $5,500,000.
What are key features of this property?
This property features: Drive-thru available.; 11 parking spaces, ADA accessible.; 8,000+ SF two-story former bank building; features 8 offices, conference room, break room, restrooms, and passenger elevator.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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1640 Fullerton Ave
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