Investment, Owner/User, Possible development
1157 W Wrightwood Ave
Chicago, IL 60614
Highlights
- Pin #14-29-414-001-0000
- Low apartment rents compared to market
- 6 units - 4 apartments, 2 retail
- Built in 1888
- Zoned RT-4
- 100% occupancy
- Prime Lincoln Park/DePaul location
Description
Two Buildings - 1157 W. Wrightwood, and coach house 2549 Racine. One Parcel #. Main building includes 1,500 Sf occupied by Starbucks, 2 one bedroom apartments and 2 two bedroom apartments. The coach house has approximately 1,200 SF+ with 600 sf on each of the two levels. It is currently leased to Core Pilates Studio.
Nestled in the vibrant Lincoln Park/DePaul market, the location offers an enticing opportunity for retail/street retail investors. Surrounded by a rich tapestry of cultural landmarks, renowned dining destinations, and boutique storefronts, the area exudes an irresistible charm. The picturesque Lincoln Park, just a stroll away, provides a lush retreat for locals and visitors alike. With the historic DePaul University campus nearby, the area benefits from a dynamic blend of students and residents, ensuring a steady flow of foot traffic. From the iconic Lincoln Park Zoo to the acclaimed dining scene along Armitage Avenue, the location presents a prime investment prospect at the heart of this sought-after Chicago neighborhood.
