2601 West Chicago Avenue is a $600,000 home located in Chicago, IL.
ONLY SOLD AS A PACKAGE WITH 2603, 2605-2607 Chicago (MLS# 09984277) FOR $2,824,000. Corner, 2,840 SF (23' x 124'), vacant lot, zoned C1-2. A wide range of opportunities exist, especially food and beverage owner-operators or investors. Tremendous value in the ability to combine with the 1st floor at 2603 (+/- $5,000/month when combined), a gorgeous space w/ high ceilings, basement begging to join Split Rail, Black Beetle and Kai Zan. Leave as-is for an outdoor patio, add a retractable indoor/outdoor setup or develop a ground-up mixed use (use due diligence). Coupled w/ a serious value-add opportunity exists unutilized ad space on the east exposure of 2605. Add 3 parking spaces, plus control of 2 garage spaces at 2603 and 3 tandem spaces at 2605, for a total of 11 spaces in the entire package. 2603 boasts 4 updated rental units over the commercial space, plus 3 rental units and full basement at 2605 w/ value-add opportunity for expansion up, down and general updating.
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