3550 West Peterson Avenue, Chicago, IL

$1,399,770

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0.36

Acres

About 3550 West Peterson Avenue

2 story, 15,000 square foot office building situated on a 15,769 Square Foot = 0.36 AC = 157.6 X 100 lot. Building was purchased by a non-profit entity to tear down and build a new building. Ownership also owns the adjacent building just East of subject property at 3540 W. Peterson that's 50 X 100. These two properties can be combined for a large new development on a 207.6 X 100 foot lot. The existing building is rented to a dozen tenants but needs quite a bit of work. B2-1 Zoning: Neighborhood Mixed-Use District Retail storefronts, apartments allowed on the ground floor. Intended to spur development in commercial corridors with low demand for retail. FAR 1.2. Seller will only sell both buildings together.

Features of 3550 West Peterson Avenue

MLS® # 11976446
Price $1,399,770
Bathrooms 0.00
Acres 0.36
Year Built 1971
Type Commercial Sale
Sub-Type Office/Tech
Status Active

Community Information

Address 3550 West Peterson Avenue
Area CHI - North Park
City Chicago
County Cook
State IL
Zip Code 60659

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air
Fireplace No
Has Basement No

Exterior

Exterior Brick,Glass,Sheltered Porch
Foundation Concrete Perimeter

Additional Information

Days on Market 87
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCrown Heights Realty

Listing Map