$1,750,000

840 W Grand Avenue, Chicago, IL 60642

  • 6,243 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1913
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $280/sqft
  • Property List Date Icon Listed 13 hours ago

Property Description

The subject property is located at 838-840 West Grand Ave., Chicago, IL 60642 (the "Property"). As the sole and exclusive Broker, B&W/The JonBerg Group has been retained to present the sale of this owner-user/investment and potential future redevelopment opportunity. This urban mixed-use asset is situated in Chicago's densely populated and affluent River West neighborhood. Featuring a 3-story building, 6,243 SF GLA, 2,367 SF (58.74 x 40.29) lot, and 4 plus car parking - City of Chicago Owned. The subject property is zoned DX-3 and comprises a full basement (currently under construction), 2 commercial/retail/office spaces, and 4 large apartments. It is situated in a mixed commercial and residential city setting, making it a prime location for investment and redevelopment opportunities. The property's strategic location offers convenient access to major thoroughfares, public transportation, and a wide range of amenities, including shopping centers, restaurants, and recreational facilities. The latest neighborhood investments, such as new construction condos/rentals, restaurants, nightlife, and supermarkets, have steadily brought in new homeowners and tenants to this thrilling River West neighborhood of Chicago. The subject property presents a unique opportunity to acquire a stand-alone building in the Fulton Market District.

Listing Status:
Active
Listing Office:
Baird & Warner : 312-981-2384
Listing Agent:
Wesley Jonberg : 312-981-2384
MLS ID:
12505149
  • A/C: Window Unit(s)
  • Roofing: Rubber
  • General: Concrete Perimeter
  • Road/Access: City Street
  • Originating MLS: mred
  • County: Cook
  • Zoning: COMMR17082430170000
  • Current Use: Office
  • Utilities: Circuit Breakers
  • Source: mred

This listing courtesy of Wesley Jonberg, Baird & Warner

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

O

Otis Elementary School

525 N Armour St, Chicago, IL, 60642

Grades KG-8

0.82 miles away

O

Otis Elementary School

525 N Armour St, Chicago, IL, 60642

Grades KG-8

0.82 miles away

O

Ogden Intermediate High School

1250 W Erie St, Chicago, IL, 60642

Grades 9-12

0.51 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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