Excellent development opportunity large commercial site 14,000 (107.6 X 125 lot) square feet. This is also a 4 lot measurement. Many developers in the area building multiple townhouses, single-family homes, condos. Also, mix used where you could run your business and offset your debt service with rental income. Here what the property offers: A zoning was changed in 2019 from B2-3 to C1-3 (documentation of up zone available upon request) Owner once had plans for 20 condos and 4 storefronts rendering available upon request) Restaurant license, highly valuable tavern license, cafe license, and public place of amusement (PPA) all in place. There is a two-story brick structure with a 3-bed bedroom apartment that is rented for $1400 month to month. Business is one story stucco structure and neighborhood entertainment for over 60 years as Astoria Club. 30th ward alderman Ariel E. Reboyas is very flexible, business-friendly, and open to hearing and facilitating your ideas and businesses.
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For more information about 4400 W Belmont, Chicago, IL 60641 contact Corcoran Urban Real Estate.
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