The property
Executive summary
Prime East Albany Park mixed-use investment opportunity located along one of the neighborhood's best commercial corridors. Prominent corner location at Montrose Ave. and Whipple Ave., just east of Kedzie Ave., offering exceptional visibility, exposure, strong street presence, and aesthetic charm. Approximately 11,000 Sq. ft. of land and about 9,600 Sq. ft. of mixed-use building space consisting of 4-street-level commercial stores leased to 2-tenants and 4-residential units above. Two of the 2nd level residential units are part and integrated/configured with the main-level dental office as a duplex and the two other units are a mix of one 2-bedrooms, 1-bath and one 3-bedrooms, 1-bath. Rear parking lot has 15-spaces serving exclusively the commercial tenants. The property is ideally positioned within a high-density residential and commercial district, surrounded by Lincoln Square, & Budlong Woods neighborhoods North Park, Mayfair/North Mayfair, Ravenswood Manor, and Irving Park. Nearby retailers and amenities include Walgreens, Starbucks, Dunkin', restaurants, shops, entertainment, and public transportation, all within walking distance. Strong pedestrian and vehicular traffic, combined with excellent street visibility, make this a highly desirable location for both commercial and residential…