2506 N Clybourn Avenue, Chicago, IL

$1,475,000

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About 2506 N Clybourn Avenue

"Exceptional Mixed-Use Investment Opportunity in Lincoln Park" Rare opportunity to acquire a highly versatile, solid brick, corner property in the sought-after Lincoln Park/Lakeview area, offering tremendous upside potential for investors, owner-users, developers, and entrepreneurs....... The main level features a character-rich 2,700 sq ft restaurant and bar complete with a fireplace, dual bar areas, exposed brick interior, two restrooms, and a commercial kitchen area...... The second floor includes a spacious owner's apartment featuring one bedroom, a fireplace, full bathroom, in-unit laundry, and a private outdoor balcony. Also located on the second level are two additional residential units consisting of one 2-bedroom apartment and one non-conforming 1-bedroom apartment, providing excellent income-producing potential...... The unfinished basement offers abundant storage space and includes a walk-in cooler. Outside, the property features a detached two-plus-car garage and a private patio area that could be utilized for outdoor dining, entertaining, or additional off-street parking. The site has the potential to accommodate approximately 10-12 vehicles...... The entire building (including apartments) has approximately 5,500 square feet and is zoned M1-2, providing flexibility for a variety of commercial, industrial, and investment uses...... The entire property is currently vacant, allowing a new owner immediate flexibility to renovate, reposition, lease, or occupy...... Property is being sold "AS-IS"...... This is an outstanding opportunity in one of Chicago's most desirable and dynamic neighborhoods.

Features of 2506 N Clybourn Avenue

MLS® # 12681126
Price $1,475,000
Bathrooms 0.00
Year Built 1900
Type Commercial Sale
Sub-Type Mixed Use
Status Active

Community Information

Address 2506 N Clybourn Avenue
Area CHI - Lincoln Park
City Chicago
County Cook
State IL
Zip Code 60614

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling Central Air, Window Unit(s)
Fireplace Yes
# of Fireplaces 2
Has Basement No

Exterior

Exterior Brick
Roof Membrane, Rubber
Foundation Block, Brick/Mortar, Stone

Additional Information

Days on Market 27
Zoning COMMR
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeHometown Real Estate Group LLC

Listing Map

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