New FOR SALE
$299,900

4148 W Chicago Avenue
Chicago, IL 60651

General Commercial
Residence
5,379
Sq. Ft.
0.19
Acre Lot
1of
Photos
Map
Courtesy: Albert Realty Advisors, LLC
CB Today> Illinois> Chicago> 60651
Albert Realty Advisors presents for sale, 4148 W. Chicago Ave. This 1-story, 5400 sq. ft. flex industrial-office building is a great opportunity for an owner-user looking to do business. Virtual 3D tour is available for viewing. Priced to sell quickly. Building features a 1200 sq. ft. multi-purpose area, two (2) private offices, four (4) multi-purpose rooms, five (5) storage rooms, two (2) restrooms, gated parking in rear, and central heating/cooling. Property is operated by non-profit entity and is currently exempt from paying real estate taxes to Cook County. Current tenant has a Net lease structure, is month-to-month and pays $1500/mo. Take advantage of available public financial incentives - located in an Opportunity Zone tract and in the Northwest Industrial Corridor TIF District. Located across the street from the Chicago Police Department's approved $95 million police academy. M-1 zoning allows for light manufacturing, warehousing and wholesaling. Existing non-profit office use also permitted. Own a piece of Chicago history. The property was previously associated with Marva Collins, an American educator who operated Westside Preparatory School for over 30 years. The success of the school and her teaching methods brought her media attention and inspired a made-for-TV film.
10674792
General Commercial, Other
Cook
1957
0.19 Acres
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