2506 N Clybourn Avenue, Chicago, IL 60614
sale
$1,475,000
|
Other
Courtesy Of Hometown Real Estate
"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.
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Property Features
- Age: Over 50 Years Old
- Building Units: 4
- Cooling System: Window Unit(s)
- Cooling System: Central Air
- Exterior Type: Brick
- Fireplace: Fireplace
- Floor Covering: Vinyl
- Floor Covering: Wood
- Floors: 2
- MLSID: 12681126
- Roof Type: Membrane
- Roof Type: Rubber
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