5405 N Broadway St, Chicago, Illinois, United States | Residential Land For Sale at GLOBAL LISTINGS

Report Listing

Residential Land For Sale

$1,195,000

5405 N Broadway St
Chicago, Illinois, United States

Listed By: Realtyww Info

Listed On: 08/22/2024

Listing ID: GL11532417 View More Details

Description

Excellent opportunity to purchase a longstanding automotive repair business or purchase for redevelopment in rapidly developing Edgewater! The barrel truss building is approx. 7, 000 SF and sits on a 50' x 150' lot with alley access. The site is TOD Eligible with dash 3 zoning and proximity to the Berwyn Red Line CTA (~832' away) and Bryn Mawr Red Line CTA (~1, 192' away). Existing zoning permits 18 residential units above ground floor commercial within right. Parking requirement reductions available due to TOD status. Edgewater continues to rapidly develop due to the access to public transit and the Lakefront. This development site is directly east of Lakewood Balmoral and Andersonville which are the two premier pockets within the larger Edgewater neighborhood. Foster Beach and the Lakefront Trail are also a 13 min walk from the site.

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Listed by: Nathan Gautsche