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5407 N Broadway St
Chicago, IL 60640

$1,195,000 USD

Land For Sale  •  0.17 AC

Property Details

  • Property Type Land
  • Lot Size 0.17 AC
  • Zoning B1-3
77 Transit Score
94 Walk Score

Description 

Excellent opportunity to purchase a longstanding automotive repair business or purchase for redevelopment in rapidly developing Edgewater!  The barrel truss building is approx. 7,000 SF and sits on a 50' x 150' lot with alley access.  The site is TOD Eligible with dash 3 zoning and proximity to the Berwyn Red Line CTA (~832' away) and Bryn Mawr Red Line CTA (~1,192' away).  Existing zoning permits 18 residential units above ground floor commercial within right.  Parking requirement reductions available due to TOD status.  Edgewater continues to rapidly develop due to the access to public transit and the Lakefront.  This development site is directly east of Lakewood Balmoral and Andersonville which are the two premier pockets within the larger Edgewater neighborhood.  Foster Beach and the Lakefront Trail are also a 13 min walk from the site.

Public Transportation

Commuter RailDriveWalkDistance
Ravenswood Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 5 min - 2.0 mi
Rogers Park Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 6 min - 2.7 mi
Transit/SubwayDriveWalkDistance
Bryn Mawr Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 5 min 0.3 mi
Argyle Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 10 min 0.5 mi
Thorndale Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 14 min 0.7 mi
Granville Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
Chicago O'Hare International 25 min - 14.2 mi
Chicago Midway International 29 min - 19.6 mi
Nathan Gautsche 312-925-2521 Chicago Real Estate Resources
Nathan Gautsche 312-925-2521 Chicago Real Estate Resources