Investment Opportunity!!! Discover the untapped potential of this rare 36+unit, mixed-use gem in the heart of historic Riverside. Located just minutes from the Riverside Metra Station, this property offers unmatched convenience for commuters heading into downtown Chicago. This gut-rehab project is ready for transformation-bring your vision and creativity to breathe new life into this building. The structure features a versatile mix of 10-foot ceiling, Spacious 2-bedroom, 1-bath units. Comfortable 1-bedroom, 1-bath units. Efficient studio apartments, Retail storefronts ideal for neighborhood-serving businesses. With a full overhaul needed, this is a blank canvas is ideal for developers and investors looking to capitalize on the soaring demand for housing in the Chicagoland area. Property is currently uninhabitable and requires a full gut rehab, including updates to electrical and plumbing systems to meet current code. Ideal property if you looking to capitalize on the strong rental demand and limited housing inventory in the area. Whether you're looking to create modern rentals, stylish condos, or a vibrant live/work community, the income potential is limitless in today's tight housing market. Prime location near transit, shops, and schools. Strong rental demand in a high-growth area. Mixed-use zoning with residential and commercial upside. Historic charm with modern redevelopment potential. Don't miss this chance to turn a diamond in the rough into a cornerstone of Riverside's future.
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For more information about 8001 Edgewater, Riverside, IL 60546 contact Corcoran Urban Real Estate.
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