About 2506 N Clybourn Avenue
"Exceptional Mixed-Use Investment Opportunity in Lincoln Park" Rare opportunity to acquire a highly versatile, solid brick, corner property in the sought-after Lincoln Park/Lakeview area, offering tremendous upside potential for investors, owner-users, developers, and entrepreneurs....... The main level features a character-rich 2,700 sq ft restaurant and bar complete with a fireplace, dual bar areas, exposed brick interior, two restrooms, and a commercial kitchen area...... The second floor includes a spacious owner's apartment featuring one bedroom, a fireplace, full bathroom, in-unit laundry, and a private outdoor balcony. Also located on the second level are two additional residential units consisting of one 2-bedroom apartment and one non-conforming 1-bedroom apartment, providing excellent income-producing potential...... The unfinished basement offers abundant storage space and includes a walk-in cooler. Outside, the property features a detached two-plus-car garage and a private patio area that could be utilized for outdoor dining, entertaining, or additional off-street parking. The site has the potential to accommodate approximately 10-12 vehicles...... The entire building (including apartments) has approximately 5,500 square feet and is zoned M1-2, providing flexibility for a variety of commercial, industrial, and investment uses...... The entire property is currently vacant, allowing a new owner immediate flexibility to renovate, reposition, lease, or occupy...... Property is being sold "AS-IS"...... This is an outstanding opportunity in one of Chicago's most desirable and dynamic neighborhoods.
Features of 2506 N Clybourn Avenue
| MLS® # | 12681126 |
|---|---|
| Price | $1,475,000 |
| Bathrooms | 0.00 |
| Year Built | 1900 |
| Type | Commercial Sale |
| Sub-Type | Mixed Use |
| Status | Active |
Community Information
| Address | 2506 N Clybourn Avenue |
|---|---|
| Area | CHI - Lincoln Park |
| City | Chicago |
| County | Cook |
| State | IL |
| Zip Code | 60614 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
Interior
| Cooling | Central Air, Window Unit(s) |
|---|---|
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Membrane, Rubber |
| Foundation | Block, Brick/Mortar, Stone |
Additional Information
| Days on Market | 27 |
|---|---|
| Zoning | COMMR |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Hometown Real Estate Group LLC |
|---|
