Ukrainian Village - 2301 W. Chicago Ave., Chicago, IL
Mixed Use | 0.00% CAP | 5,559 SqFt
Marketing description
Located in the heart of Ukrainian Village's bustling restaurant and entertainment corridor, this high-visibility corner property offers potential for both owner/operators and investors. The expansive retail space—formerly a restaurant—spans the full length of the lot, presenting an ideal footprint for outdoor seating and expanded occupancy. With multiple points of entry and a distinctive take-out window, the layout supports dual-concept operations or flexible tenant configurations. The building and its income producing apartments have been well maintained and features updated infrastructure, minimizing capital expenditures for new ownership. Capitalize on below-market rents and unlock value by repositioning the asset to current rates, driving increased income and a stronger capitalization rate.
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