6222 N Broadway Street,Chicago, IL 60660
Chicago, IL 60660
Description
Located in the highly desirable Edgewater community on Broadway, this property presents an exceptional opportunity for investors, developers, and those looking to create a high-demand rental property. The location offers outstanding convenience, with Aldi and McDonald's directly across the street, providing everyday essentials and dining options just steps from the property. One of the property's biggest advantages is its proximity to Loyola University Chicago, located just a couple of blocks away. This makes the property particularly attractive for students seeking convenient off-campus housing close to campus, creating strong potential for a student-oriented rental development. The property is also a potential tear-down and redevelopment opportunity, with B3-5 zoning allowing for development of up to five stories, subject to applicable City of Chicago requirements and approvals. The zoning and location provide developers with the flexibility to explore a variety of concepts and maximize the property's potential. Whether you envision a modern multi-unit apartment building, a student-focused rental property, or another residential investment concept, this is an opportunity to take advantage of a prime location in one of Chicago's established neighborhoods. Bring your vision and explore the possibilities this property has to offer.
Details
| MLS # | 12737220 |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Active |
| Year | 1910 |
| Days On Site | 13 |
| Listing Provided By | Baird & Warner | Michael Zyung |
Features
| Story(s) | 2 |
|---|---|
| Units | 2 |
| Acreage | 0.26 |
Interior
| Cooling | Central Air |
|---|
Utilities
| Electric | Circuit Breakers, Service - 101 to 200 Amps |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 34037 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60660 |
| Area | CHI Edgewater |
| Listing VS Median (in 60660) | |
Price: $1,700,000 low | high Med: $175,000 On site: 13 low | high Med: 475 | |
Market Activity 60660
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60660 |
| Area | CHI Edgewater |
| Listing VS Median (in 60660) | |
Price: $1,700,000 low | high Med: $175,000 On site: 13 low | high Med: 475 | |
