6226 Addison StChicago, IL 60634

  • Retail space
  • 2,900 SF
For Sale
$225,000 View listing

Property Details for 6226 Addison St

Year built
1950
Lot size
0.07 AC
Property size (Sq ft)
2,900 SF
Property type
Retail space
APN
13-20-126-026
APU
1320126026

Description

This exceptional investment opportunity presents a 3,000 square foot storefront located at 6226 W Addison St, Chicago, IL 60634, within Cook County. The property, built in 1950, sits on a 6,200 square foot lot and is zoned B3-1. Currently configured as three separate storefronts, this versatile space offers significant potential for a variety of retail uses. Priced at $225,000 ($75 per square foot), this property boasts excellent visibility and accessibility. The location benefits from high daily traffic counts (estimated 19,093 in 2023), and convenient off-alley parking is available. Sold by the Cook County Land Bank Authority, this property presents a unique chance to revitalize a prime retail space in Chicago's Dunning community. The property's size and configuration allow for diverse business models, making it an attractive investment for both established businesses and entrepreneurs seeking a high-traffic location. The B3-1 zoning provides flexibility for various retail uses, subject to applicable regulations. This is a rare opportunity to acquire a well-located, sizable storefront in a thriving Chicago neighborhood. The property's history and current condition should be independently verified.

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.946
Longitude
-87.7826
CBSA code
16980
CBSA name
CHICAGO-NAPERVILLE-JOLIET, IL-IN-WI METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2022
$8,755
$13,950
$28,617
$42,567
-
$55,800
$114,468
$170,268

FAQs

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