This prime commercial land, zoned B3-2, boasts a strategic location on bustling Western Avenue, with a daily traffic count of approximately 22,600 cars. This property has a primary recommended zoning B2-2 and a secondary recommended zoning B3-2 allowing entrepreneurs and investors to explore a wide range of commercial possibilities. City of Chicago has recently adopted a comprehensive plan for Western Avenue, which includes this very property, offering exciting prospects for future development and growth. As an added bonus, this property comes with an existing commercial billboard, complete with a current lease that generates a passive income of $22,000.00 per year. This is an excellent opportunity to secure consistent returns on day one while the property is developed. Whether you're looking to establish or expand your business, invest in a thriving neighborhood, or secure a dependable source of passive income, 7216 N Western Avenue presents a rare chance to make your mark in one of Chicago's most dynamic areas. Don't miss out on this unique opportunity to shape the future of this prime commercial property. Contact us today to schedule a viewing and explore the endless possibilities that await you here. DO NOT WALK PROPERTY WITHOUT BROKER PERMISSION.
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For more information about 7216 N Western, Chicago, IL 60645 contact Corcoran Urban Real Estate.
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Listing provided by Berkshire Hathaway HomeServices Chicago
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