5061 W Lake Street, Chicago, IL 60644
- 3,000 sqft
Commercial Property
Built in 1919
0.31acre lot
—— car garage
$——/sqft
Listed 2 months ago
Property Description
5061 W. Lake Street is a 13,500 square foot parcel with two buildings totaling approximately 3,000 square feet feet available for sale via auction. This property is currently rented month-to-month by an automotive shop and generates rent annually. The property is situated along Lake Street in West Garfield Park and is located in the PMD-9 zoning district. The zoning would allow for a variety of uses including automotive and repair shops. This area is undergoing revitalization, attracting investors interested in urban redevelopment and community growth. The property's location offers easy access to major transportation routes, including the CTA Green Line and I-290. With the neighborhood's potential for appreciation, driven by ongoing improvements and community initiatives, this is a great oppportunity for a user or investor. Located on the west side of Chicago, this property is a few blocks from Green Line stations and a short drive from the Eisenhower Expressway. West Garfield Park has become a desirable location for many businesses including boutiques, restaurants and bars. With increasing gentrification, the area is attracting a diverse group of entrepreneurs. 5061 W. LAKE STREET
- Listing Status:
- Active
- Listing Office:
- Millennium Properties RE, Inc. : 312-338-3012
- Listing Agent:
- Brad Thompson : 312-338-3012
- MLS ID:
- 12351507

- A/C: None
This listing courtesy of Brad Thompson, Millennium Properties RE, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Spencer Technology Academy Elementary School
214 N Lavergne Ave, Chicago, IL, 60644
Grades PK-8
0.15 miles away
Spencer Technology Academy Elementary School
214 N Lavergne Ave, Chicago, IL, 60644
Grades PK-8
0.15 miles away
Austin College and Career Academy High School
231 N Pine Ave, Chicago, IL, 60644
Grades 9-12
0.54 miles away