For Sale
$3,000,000

1419 Diversey PkwyChicago, IL 60614

11,300 SF, 9 Parking Spaces, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional Lincoln Park investment opportunity presents a 11,300 square foot building situated on a 10,674 square foot lot (92' x 116'). The property, located at 1415-19 W Diversey Pkwy, Chicago, IL 60614, is comprised of 7,350 square feet on the ground floor and 3,950 square feet on the second floor. Previously occupied by Rosebud Restaurants, the building features a commissary kitchen and nine parking spaces, a rare find in this vibrant neighborhood. Built in 1929 with recent renovations, the property boasts dual zoning: B3-2 (Community Shopping District) and M1-2 (Limited Manufacturing/Business Park District), offering significant flexibility for redevelopment or continued use as a food service establishment. The property's location on Diversey Parkway provides excellent visibility and accessibility, with proximity to DePaul University adding to its appeal. The asking price is $3,000,000, translating to $265.49 per square foot. The property includes two APNs: 14-29-302-020-0000 and 14-29-302-054-0000. Alderman Scott Waguespack (32nd Ward) oversees the area. This property presents a unique chance to acquire a versatile commercial space in a highly desirable location.

Highlights

  • $3,000,000 asking price for an 11,300 SF retail property in Chicago's Lincoln Park neighborhood.
  • Property features a commissary kitchen and office space, previously occupied by Rosebud Restaurants.
  • Includes 9 parking spaces and sits on a 10,674 SF lot (92' x 116').
  • Dual zoning: B3-2 (Community Shopping District) and M1-2 (Limited Manufacturing/Business Park District).
  • Building consists of 7,350 SF on the ground floor and 3,950 SF on the second floor, built in 1929 with recent renovations.

Property Details for 1419 Diversey Pkwy

Property type
Retail properties, Office properties
Square Feet
11,300 SF

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9322874
Longitude
-87.6644544
1419 Diversey Pkwy, Chicago, Illinois

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1419 Diversey Pkwy
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