$1,600,000
( $186.05Per Sq Foot )
 $8,589 est/mo Sourced by Back At You

2712 W North Avenue,Chicago, IL 60647

Chicago, IL 60647

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Description

Well-located mixed-use building offering significant value-add potential. The recently gut-renovated commercial space features a column-free layout that can accommodate a wide variety of potential retail, office, or service uses. Existing B3-2 zoning allows for the potential conversion of two (2) additional ground-floor dwelling units with the procurement of a special use permit (no zoning change required). Current apartment rents are below market, presenting an opportunity for future income growth. Situated along North Avenue in East Humboldt Park, the property is positioned within a rapidly evolving corridor and offers convenient access to public transportation. With an in-place NOI of $111,493, without yet achieving full occupancy, the Property offers immense value-add potential thru leasing the remaining vacancy.

Details

MLS #12591309
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1915
Days On Site191
Listing Provided BySobiko Brokerage Services, LLC | Derek Sobieraj

Features

SQ Feet8,600
Story(s)3
Units7
Acreage0.14

Interior

CoolingCentral Air

Utilities

ElectricOther

Taxes

Tax Year2024
Tax Annual Amount18739.99

Area Information

StateIL
CountyCook
CityChicago
Zip Code60647
AreaCHI West Town
Listing VS Median (in 60647)
Price:
$1,600,000
low | high
Med:
$405,000
100% of Average
sqft:
8,600
low | high
Med:
1,315
100% of Average
$ / sqft:
$186
low | high
Med:
$371
49.555476529161% of Average
On site:
191
low | high
Med:
85
100% of Average
Sourced by Back At You

Market Activity 60647

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Contact

Learn More About This Property

Danielle Luchtenburg

Danielle Luchtenburg

Daniel and Associates Real Estate

475127687 (630) 677-6312danielle@daare.com
StateIL
CountyCook
CityChicago
Zip Code60647
AreaCHI West Town
Listing VS Median (in 60647)
Price:
$1,600,000
low | high
Med:
$405,000
100% of Average
sqft:
8,600
low | high
Med:
1,315
100% of Average
$ / sqft:
$186
low | high
Med:
$371
49.555476529161% of Average
On site:
191
low | high
Med:
85
100% of Average
Sourced by Back At You
Listing Updated: July 21, 2026 at 6:52:59 PM PDT