3550 W Peterson Avenue, Chicago, IL 60659

  • $1,399,770
  • $1,399,770
3550 W Peterson Avenue, Chicago, IL 60659
  • Commercial Sale
  • Property Type
  • 1971
  • Year Built
For Sale
3550 W Peterson Avenue, Chicago, IL 60659
  • $1,399,770
  • $1,399,770

Overview

Property ID: 16643447
  • Commercial Sale
  • Property Type
  • 1971
  • Year Built

Description

2 story, 15,000 square foot office building situated on a 15,769 Square Foot = 0.36 AC = 157.6 X 100 lot. Building was purchased by a non-profit entity to tear down and build a new building. Ownership also owns the adjacent building just East of subject property at 3540 W. Peterson that’s 50 X 100. These two properties can be combined for a large new development on a 207.6 X 100 foot lot. The existing building is rented to a dozen tenants but needs quite a bit of work. B2-1 Zoning: Neighborhood Mixed-Use District Retail storefronts, apartments allowed on the ground floor. Intended to spur development in commercial corridors with low demand for retail. FAR 1.2. Seller will only sell both buildings together.

  • Address 3550 W Peterson Avenue
  • City Chicago
  • State/county IL
  • Zip/Postal Code 60659
  • Country United States

Details

Updated on August 23, 2024 at 2:51 pm
  • Property ID: 16643447
  • Price: $1,399,770
  • Land Area: 0.36 Acres
  • Year Built: 1971
  • Property Type: Commercial Sale
  • Property Status: For Sale
  • Living Area: 15000
  • MLS#: MRD11976446
  • Office Name: CROWN HEIGHTS REALTY
  • Agent Name: Andrew Glatz
  • MLS Status: Active
  • Living Area Prefix: SqFt

Additional details

  • List Office MLSID: MRD18595
  • List Agent MLSID: MRD137860
  • List Date: 2024-02-07T22:42:25.000Z
  • Cooling: Central Air
  • Tax Annual: 49922
  • Tax Year: 2022
  • Flooring: Carpet
  • County: Cook
  • Property SubType: Office

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