Kurt Johnson
- Buy
- Sell
https://www.ruhlmortgage.com/ChrisSchneider.html
Description
Prime commercial vacant land investment and development opportunity on Western Ave, just north of Touhy Ave., on the west side of the street in Chicago's West Ridge/Rogers Park area. between Touhy Ave. and Howard St. approximately 7,400 Sq. ft., positioned along a major commercial corridor with high daily traffic, the property offers excellent visibility and convenient access to surrounding residential and commercial districts, transportation routes, and major Chicago thoroughfares. Currently zoned B 3-2, offering a variety of commercial uses, including shopping centers, larger retail establishments, storefront businesses, and residential apartments above the ground floor. Immediate income from an existing commercial billboard provides approximately $22,000, while the property is held, developed, or utilized by an owner-user. Situated along one of Chicago's most active commercial corridors, the site is surrounded by a strong mix of established businesses and newer residential developments users including McDonald's, Warren Park, and Chicago public Library. Accessibility is a key advantage here, with steps to public transportation, nearby bus routes, and convenient access to major roads and interstate highways. Well-positioned site offering exposure, connectivity, and zoning flexibility, making it advantaged for retail, service, mixed-use in one of the most active commercial corridors of major Western Ave. Immediate access to major roads, Evanston, Wilmette, Lake Shore Dr. and interests.
Property Highlights
Property Type: Land - Commercial
Total Acres: 0.38 Acres
Utilities: Natural Gas Nearby, Natural Gas Available
General Information
County: Cook
Listed By:
Century 21 Circle
773-465-4200
MRED MLS
MLS ID: 12729176
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7216 N Western Avenue, Chicago, IL 60645.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $679,000 | $679,000 | $679,000 |
| Down Payment | $135,800 | $23,765 | $169,750 |
| Monthly Mortgage Amount | $3,752 | $4,492 | $4,471 |
| Taxes | $945 | $945 | $945 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $299 | $0 |
| Monthly Estimated Total | $4,895 | $5,934 | $5,614 |
Kurt Johnson
REALTOR®
Office: (563) 441-5038
Cell: (563) 343-0675
Licensed in IA & IL
Bettendorf Office
1228 Middle Road
Bettendorf, IA 52722
(563) 441-5000
Bettendorf, IA 52722
(563) 441-5000
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