1640 Fullerton AveChicago, IL 60614

For Sale
$5,500,000

Prime Chicago corner, vacant, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional redevelopment opportunity presents a vacant, two-story, 5,274 square foot retail building situated on a 12,310 square foot lot at 1640 W Fullerton Avenue in Chicago, Illinois (zip code 60614). Built in 2004, this Class B property boasts a convenient drive-thru facility and 11 parking spaces, ensuring ample accessibility for future tenants. The building's previous use as a bank and convenience store provides a versatile layout featuring eight offices, a conference room, break room, bathrooms, and a passenger elevator. Its prime corner location offers excellent visibility and signage opportunities, further enhanced by its proximity to the high-traffic intersection of I-90/I-94 (just 0.5 miles away). The property is zoned M1-2 and is located within an Enterprise Zone, potentially offering significant tax advantages. The asking price for this vacant, value-add investment is $5,500,000. The Cook County Assessor's Parcel Number (APN) is 14-30-400-061-0000. This property presents a unique chance to capitalize on a high-traffic location and create a thriving retail space. The building's existing infrastructure and convenient amenities provide a solid foundation for a variety of redevelopment projects. The property is ADA accessible.

Highlights

  • Drive-thru available.
  • 11 parking spaces, ADA accessible.
  • 8,000+ SF two-story former bank building; features 8 offices, conference room, break room, restrooms, and passenger elevator.
  • Prime corner redevelopment opportunity.
  • 0.5 miles from I-90/I-94 interchange.
  • High-traffic corner location with excellent signage potential.

Property Details for 1640 Fullerton Ave

Property type
Other retail properties, Individual retail properties
Class
B
Year Built
2004
Buildings
1
Stories
2

Location Insight

City
Chicago
County
Cook
State
Illinois
Latitude
41.9253023
Longitude
-87.6698307
1640 Fullerton Ave, Chicago, Illinois

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1640 Fullerton Ave
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