Executive Summary
CRER (Chicago Real Estate Resources Inc.) is pleased to present 2147 N. Western Ave, Chicago IL 60647, positioned along Western Ave Corridor in Chicago’s Bucktown Neighborhood. The property consists of three city lots ( 6,900 Sq. Ft. ) with an improvement consisting of a 7,700 SF single partial 2-story building. The property is leased and will expire in 2 years. The underlying B3-2 zoning allows for 8 units, 6 residential units, and 2 retail units.
The owner of the property will consider a co-venture/equity position. The property is located just off the intersection of Western Avenue and Shakespeare Avenue. With solid traffic, combined with strong demographic density and an average household income of over $224,539 annually within a 3-mile radius, this location is ideally situated to accommodate any number of potential retail and residential uses.
