Exceptional Mixed-Use Investment Opportunity in Lincoln Park Rare opportunity to acquire a highly versatile, solid brick, corner property in the sought-after Lincoln Park/Lakeview area, offering tremendous upside potential for investors, owner-users, developers, and entrepreneurs....... The main level features a character-rich 2,700 sq ft restaurant and bar complete with a fireplace, dual bar areas, exposed brick interior, two restrooms, and a commercial kitchen area...... The second floor includes a spacious owner's apartment featuring one bedroom, a fireplace, full bathroom, in-unit laundry, and a private outdoor balcony. Also located on the second level are two additional residential units consisting of one 2-bedroom apartment and one non-conforming 1-bedroom apartment, providing excellent income-producing potential...... The unfinished basement offers abundant storage space and includes a walk-in cooler. Outside, the property features a detached two-plus-car garage and a private patio area that could be utilized for outdoor dining, entertaining, or additional off-street parking. The site has the potential to accommodate approximately 10-12 vehicles...... The building has approximately 5,500 square feet (without basement consideration) and is zoned M1-2, providing flexibility for a variety of commercial, industrial, and investment uses...... The entire property is currently vacant, allowing a new owner immediate flexibility to renovate, reposition, lease, or occupy...... Property is being sold AS-IS...... This is an outstanding opportunity in one of Chicago's most desirable and dynamic neighborhoods.
Listed By
Agency Name: Hometown Real Estate Group LLC
Agency Phone: 773-625-1121
Shown By
Agency Title: Gambino Realtors
Agency Phone: 815-282-2222
2506 N Clybourn Avenue | MLS# 12681126
This commercial property located at 2506 N Clybourn Avenue , Chicago, IL 60614 is currently listed for sale with an asking price of $1,475,000. Search Chicago real estate on www.gogambino.com today.