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Lincoln Park Lot For Sale

$595,000

2203 N Clybourn Ave, Chicago, IL 60614

Active
Last Updated: 02/14/2024

2,860 sqft

Building Size

0.0689 acres

Lot Area

Details:
Building Size:    2,860 sqft
Lot Area:    0.0689 acres
Occupancy:    100%
Units:    1
Floors:    2
Highlights:
  • Exceptional Clybourn Corridor Location
  • Lincoln Park location
  • Average HH income over $200,000
  • Population of 56,000
  • Across the street from Advocate's 60,000 SF medical center
  • Numerous Area Demand Generators
Description:

2203 North Clybourn is a 3,000 SF land site improved with a 2,860 SF commercial building located on Clybourn Avenue in Chicago's well-known Lincoln Park neighborhood. The existing building is improved and leased to a restaurant. A developer could likely change the current M1 zoning to say a B3-2 to allow for a 3-unit mixed-use building with ground-floor retail uses. Alternatively, an investor or user could take advantage of the M1 zoning for numerous different commercial uses including pet care, commissary, or general office use.

Nestled within the heart of Chicago's Lincoln Park neighborhood, 2203 N Clybourn stands as a prime location, just a stone's throw away from the DePaul University campus. This strategically positioned address ensures easy access to the I-90 to the west and places residents within the bustling Clybourn retail corridor, offering an array of shopping and dining experiences.

The property's immediate surroundings hold promising developments, with Advocate Health's soon-to-be-completed 60,000 square feet medical center poised directly across from the location. Additionally, the Regal Webster 11-screen cinema adds a touch of entertainment allure to the vibrant atmosphere.

Beyond its geographical advantages, 2203 N Clybourn benefits from a robust demographic backdrop. The local area boasts some of the most impressive statistics in Chicago, with a population of 56,000 residing within a one-mile radius of the property. The affluence of the community is reflected in an impressive average household income exceeding $200,000. This combination of strategic location and strong demographics makes 2203 N Clybourn a compelling and promising address within the dynamic landscape of Chicago's real estate.

Map:
Documents:
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2203_N_Clybourn_OM.pdf
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