5920 Irving Park RdChicago, IL 60634

This 7,300 square foot, two-unit retail property in Chicago's Irving Park neighborhood (60634) is available for $550,000 ($75.34/SF). Formerly a liquor store with walk-in coolers and freezers, and an attached laundromat/dry cleaner, this vacant building offers significant potential for various uses, including a grocery store, restaurant, or multiple ghost kitchens. The property boasts a large gas, electrical, and water supply, along with a prominent corner location offering high visibility and ample street parking. Built in 1930, the single-story building is zoned B3-1 and features large storefront windows. The property's location benefits from high foot traffic, proximity to public transportation (CTA Blue Line and bus routes), and easy access to the Kennedy Expressway (I-90). A $150,000 grant is available, and the property may be eligible for a TIF grant. Detailed plans for a mixed-use new construction project (1 commercial space and 8 residential units) are available upon request. This distressed property presents a unique investment opportunity in a thriving Chicago neighborhood. The property is classified as Class D and has a Net Rentable area of 7,300 square feet. The Cook County APN is 13174220290000.