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5703 N Elston Ave
Chicago, IL 60646

$1,200,000 USD

Land For Sale  •  14,705 AC

Property Details

  • Property Type Land
  • Lot Size 14,705 AC
  • Zoning B3-1
52 Transit Score
75 Walk Score

Description

A 14,705 square foot corner redevelopment site in Jefferson Park is available for sale. Currently, the site is improved with a muffler/auto-repair shop, a commercial storefront with a 750 square foot garage and a fenced area for outdoor storage. The property can potentially be redeveloped as a mixed-use building with retail and apartments or as a multi-tenant commercial building.

Highlights

14,705 square foot redevelopment site: 5703 is a 1,140 SF auto repair shop, 5713 is a 3,125 SF lot, and 5717 is a 1,200 SF commercial building
Auto repair shop is improved with two service bays and office/waiting area
Leased for $4,592/mo MTM
Heavily-trafficked corner and Central and Elston, each with frontage of 150'
Perfect development opportunity: potential to develop mixed-use with retail and apartments or multi-tenant commercial property
Dense urban population with strong demographics

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Gladstone Park Station (Union Pacific Northwest Line - Northeast Illinois Regional Commuter Railroad (Metra)) 3 min 15 min 0.8 mi
Forest Glen Station (Milwaukee District North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 2 min 16 min 0.9 mi
AirportDriveWalkDistance
Chicago O'Hare International 13 min - 8.3 mi
Chicago Midway International 31 min - 20.7 mi
Susan Silver 312-338-3001 Millennium Properties R/E, Inc.
Susan Silver 312-338-3001 Millennium Properties R/E, Inc.