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Investment, Owner/User, Possible development

$3,200,000

1157 W Wrightwood Ave, Chicago, IL 60614

Active
Last Updated: 05/16/2025

11,946 sqft

Building Size

0.0858 acres

Lot Area

Details:
Building Size:    11,946 sqft
Lot Area:    0.0858 acres
Occupancy:    100%
Class:    C
Units:    6
Year Built:    1888
Floors:    3
Highlights:
  • Pin #14-29-414-001-0000
  • Low apartment rents compared to market
  • 6 units - 4 apartments, 2 retail
  • Built in 1888
  • Zoned RT-4
  • 100% occupancy
  • Prime Lincoln Park/DePaul location
Description:

Two Buildings - 1157 W. Wrightwood, and coach house 2549 Racine. One Parcel #. Main building includes 1,500 Sf occupied by Starbucks, 2 one bedroom apartments and 2 two bedroom apartments. The coach house has approximately 1,200 SF+ with 600 sf on each of the two levels. It is currently leased to Core Pilates Studio.

Nestled in the vibrant Lincoln Park/DePaul market, the location offers an enticing opportunity for retail/street retail investors. Surrounded by a rich tapestry of cultural landmarks, renowned dining destinations, and boutique storefronts, the area exudes an irresistible charm. The picturesque Lincoln Park, just a stroll away, provides a lush retreat for locals and visitors alike. With the historic DePaul University campus nearby, the area benefits from a dynamic blend of students and residents, ensuring a steady flow of foot traffic. From the iconic Lincoln Park Zoo to the acclaimed dining scene along Armitage Avenue, the location presents a prime investment prospect at the heart of this sought-after Chicago neighborhood.

Map:
Documents:
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