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$1,750,000
Favorite
12,000
square ft

5155 N Broadway Street

CHICAGO, Illinois 60640
Closed / MLS #9987074 / Commercial / Mixed Use / Uptown
Listing information updated 1/20/2019 at 1:39am
Incredible redevelopment opportunity on a prime corner mixed-use site in Uptown/Edgewater east of Andersonville. With 120' of frontage on Foster and 87.5' on Broadway this parcel has 10,500 SF of buildable land. Tenants are month-to-month with $107,000 in gross income ideal for new owner to keep tenants in place until ready to build new. C2-3 zoning permits commercial on the 1st floor and residential above. Potential for increased density and reduced parking under the TOD ordinance. The site is also in the Lawrence/Broadway TIF District expiring in 2025. Ideally located one block south of the CTA red line Berwyn stop, 1/2 mile west of Lake Shore Drive/Lakefront and 1/2 mile east of the Andersonville Clark Street commercial corridor. The Broadway corridor is active with new commercial and residential developments. Co-tenancy within 1/4 mile includes both national and local tenants. The area has strong demographics, density and traffic counts. Drive by and please do not disturb the tenants.

Full Features

Built:
1911
Parking Spaces:
4
Cooling System:
Central Air
Stories:
2
Roof:
Reflective Coating
Current Use:
Commercial
Potential Use:
Commercial, Condominium, Residential-Multi-Family, Retail, Special Use
Zoning:
COMMR
# of Offices:
2
Building Square Feet:
12,000
Current Net Income:
$50,208

Taxes & Assessments

Tax Amount:
$22,192
Tax Year:
N/A

Location

Zip Code:
60640
City:
Chicago
County:
Cook

Listing Office: Compass

Listing Office Phone: 312.733.7201

Disclaimer: The data relating to real estate for sale on this website comes courtesy of Midwest Real Estate Data, LLC as distributed by MLS GRID. Real estate listings held by brokerage firms other than @properties are marked with the Broker Reciprocity thumbnail logo and detailed information about them includes the name of the listing brokers. Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 1/20/2019 at 1:39am. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Uptown

Uptown, IL

Uptown has a glamorous past as the stomping grounds of Charlie Chaplin, Gloria Swanson and Al Capone. Today it shines as a place to call home for Chicagoans seeking incredible access to the lakefront, public transportation and a vibrant entertainment scene. Uptown’s early glamour is still reflecte...

CTA

CTA
Red line at Berwyn

Metra

Metra
Union Pacific North line at Ravenswood Metra
$402,365
Average Sale Price
40
Average Days On The Market
99%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 5155 N Broadway Street, Chicago, IL 60640

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5155 N Broadway Street is a commercial / mixed use which sold for $1,750,000. This commercial / mixed use has been listed on @properties since June 15th, 2018 and was built in 1911. The nearest transit stops include Berwyn CTA Red line and Ravenswood Metra Metra Union Pacific North line.

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