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32007194
32007193

5744 North Ridge Avenue, Chicago, IL 60660 For Sale

MP
IL 475.187709
Compass Chicago Bucktown Office
Listed by Compass Chicago Bucktown Office
$575,000
82 days on market
Updated 82 days ago

5744 North Ridge Avenue

Details
Property Type Retail, Mixed Use (+1)
Sub Type Residential, Commercial (+1)
Square Footage 4,300
Occupancy 100%
Tenancy Single
Stories 1
Zoning Commercial B1-2
Investment Type Redevelopment
Ground Lease No
Ownership simple fee

High-Visibility Corner Site in Established Edgewater / Andersonville Market

Marketing description

Rare opportunity to acquire a ±4,000 SF triangular corner site in the desirable Edgewater Glen / Andersonville corridor. The property is best viewed as a land-driven redevelopment opportunity, as the existing structure does not represent the highest and best use of the site.

Positioned at a signalized intersection, the property benefits from strong visibility, excellent corner exposure, and consistent traffic flow along a well-established North Side corridor.

Zoned B1-2, the site offers flexible redevelopment potential and is well-suited for a ground-up residential project, condominium development, or mixed-use building with retail at grade.

The surrounding neighborhood continues to experience steady reinvestment, with multiple nearby new construction projects supporting long-term growth and strong housing demand. The area is highly walkable and offers convenient access to neighborhood retail, dining, public transportation, and both CTA and Metra options.

A strong opportunity for developers and investors seeking a well-located corner site with clear redevelopment upside in an established and growing submarket.

Investment highlights

Investment Highlights

  • Rare ±4,000 SF triangular corner site in strong North Side corridor
  • Land value opportunity with existing structure not contributing meaningful value
  • Positioned at a signalized intersection with strong visibility and traffic exposure
  • Zoned B1-2 allowing for flexible residential, mixed-use, or redevelopment options
  • Ideal for ground-up development including apartments or condominiums
  • Surrounded by ongoing residential and mixed-use development activity
  • Located in a highly walkable neighborhood with strong transit access (CTA & Metra nearby)
  • Established area with consistent demand and long-term growth fundamentals

Listing Contacts

MP
IL 475.187709
Compass Chicago Bucktown Office
Listed by Compass Chicago Bucktown Office

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Additional Information

Name
Manuel Pineda
License
475.187709
Brokerage
Manuel Pineda
Brokerage Phone
3127306428
Title
Luxury Real Estate Advisor
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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