1810 W Chicago Avenue is a former medical office encompassing approximately 1,800 square feet. It includes 8 exam rooms, a business office, a reception area, and two washrooms. All exam rooms are equipped with plumbing stubs, and the entire space is handicap accessible.
The property is zoned B3. While off-street parking is not required for medical use since the space is under 4,000 square feet, limited rear surface parking is available.
1810 W Chicago Avenue is located in the heart of Chicago’s West Town neighborhood. The location benefits from a surrounding population of more than 57,000 people with an average household income exceeding $174,000. Excellent retail options, including restaurants, grocery stores, and various services, are all located within a couple of blocks.
Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."
Why are Real Estate Incentives Important and to Whom?
"Incentives" are vital today and in the future because:
U.S. Public: Many incentives focus on job creation and Affordable Housing
Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.
