2343 Chicago AveChicago, IL 60622

  • Retail properties
  • 4,300 SF
For Sale
$695,000 View listing

Property Details for 2343 Chicago Ave

Year built
1923
Lot size
0.09 AC
Property size (Sq ft)
4,300 SF
Property type
Retail properties
Property subtype
Retail space
APN
17-07-100-034
APU
1707100034

Description

This exceptional 2,500 square foot retail property, located at 2343 W. Chicago Avenue in Chicago, IL 60622, presents a unique investment opportunity. Built in 1923, this single-story masonry building is zoned C1-3 and offers a turnkey restaurant setup, complete with substantial furniture, fixtures, and equipment (FF&E), ready for immediate occupancy. The property boasts a prominent location on Chicago Avenue, benefiting from high visibility and traffic, with over 15,300 vehicles passing daily. A private rear parking lot provides ample space and potential for outdoor dining expansion. The existing blade sign offers strong signage potential. Situated in Chicago's vibrant Ukrainian Village neighborhood within West Town, this property is ideally positioned within a one-mile radius of approximately 50,000 residents. The asking price is $695,000, translating to $278 per square foot. The property's APN is 17-07-100-034-0000. This is an owner-user ideal property with significant upside potential.

2343 Chicago Ave, Chicago, Illinois

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.8955
Longitude
-87.6861
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
$39,705
$20,570
$164,828
$185,398
-
$82,280
$659,312
$741,592

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