Listed by Millennium Properties R/E
$1,200,000
Corner Redevelopment Site at Elston & Central Avenues
Details
Property Type Land
Sub Type Commercial
Square Footage 14,705
Zoning B3-1
Land
Marketing description
A 14,705 Square Foot Corner Redevelopment Site in Jeffer-son Park is Available for Sale. Currently, the Site is Improved With a Muffler/Auto-repair Shop, a Commercial Storefront With a 750 Square Foot Garage and a Fenced Area for Out-door Storage. The Property Can Potentially Be Redeveloped as a Mixed-use Building With Retail and Apartments or as a Multi-tenant Commercial Building.
The Location Benefits From the Easy Access to 1-90, the Jefferson Park Transit Center and Excellent Visibility. The Neighborhood Features Several Commercial Corridors in-cluding Along Elston Ave., Milwaukee Ave. And Northwest Highway.
Investment highlights
- 14,705 Sf Redevelopment Site
- 5703: 1,140 Sf Auto Repair Shop
- 5713: 3,125 Sf Lot
- 5717: 1,200 Sf Commercial Building
- Auto Repair Shop is Improved With Two Service Bays and Office/Waiting Area
- Leased for $4,592/Mo Mtm
- Heavily-trafficked Corner at Central and Elston, Each W/Frontage of 150'
- Potential to Develop Mixed-use With Retail and Apartments or Multi-tenant Commercial Property
- Perfect Development Opportunity
- Dense Urban Population With Strong Demographics
- Prime Jefferson Park Location
- Traffic Count: 21,288 Vehicles Daily
- Zoning: B3-1
- Total Taxes (2024): $24,142.15
Listing Contacts
Listed by Millennium Properties R/E
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