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7532 - 7550 West Addison Street

$885,000

7532 - 7550 West Addison Street, Chicago, IL 60634

Active
Last Updated: 11/02/2024

10,980 sqft

Building Size

0.52 acres

Lot Area

Details:
Building Size:    10,980 sqft
Lot Area:    0.52 acres
Year Built:    1930
Floors:    1
Parking Spots:    24
Highlights:
  • ±10,980 SF Retail/Commercial building
  • B1-1 Zoning
  • Over 230’ of street frontage on busy West Addison St
  • 11-unit (potential) multi-tenant investment property
  • ±22,800 SF land parcel with 24 parking spaces in rear of building
  • 5.4 miles from the (I-90) Kennedy Expressway
  • Walking distance to CTA Bus Stops (Addison/Oriole)
  • Future Passive income from cell tower expansion **Ask listing brokers. (Cell Tower and income are separate owners and not included in sale.)**
Description:

Retail/Commercial building for sale. Over 230’ of street frontage on busy West Addison Street in the Belmont Heights neighborhood of Chicago. 11-unit (potential) multi-tenant investment property. ±22,800 SF land parcel with 24 parking spaces in the rear of the building. Future Passive income from cell tower expansion **Ask listing brokers. (Cell Tower and income are separate owners and not included in the sale.)**

Just 13 miles northwest of the Loop, Belmont Heights offers the convenience of the Big City without any of the overpopulation or congestion. Hundred-year-old trees line residential streets and ample parking exists throughout the neighborhood's commercial districts. Attracting young professionals who prefer to live away from where they work, families that need a good-sized yard, and folks in late life who want to downsize and slow down a tad, Belmont Heights is the ideal home for all sorts of Chicagoans. Cozy cafés and coffee shops abound while traditional Polish and German eateries and a slew of pizzerias fill the air with the irresistible aroma of sauerkraut and oregano. A cluster of friendly bars and grills house the nightlife in Belmont Heights, and the usual suspects of handy hardware stores, furniture showrooms and specialty groceries anchor the rest of the community's needs.

Map:
2 Spaces Available

7532/7536 West Addison Street Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
2,000

Lease rate includes building expenses including water. Gas/electric not included.

7544 West Addison Street Unknown Sub Type

Available:
Immediately
Sublease:
No
SQFT
1,000

Lease rate includes building expenses including water. Gas/electric not included.

Documents:
Title
SVN_-_Brochure__L_.pdf
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Location
Gallery