FOR SALE Redevelopment Opportunity Urban Inn / Residential … · 2016-03-31 · Chicago Distilling...
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2527 N. MILWAUKEE AVE. FOR SALE Redevelopment Opportunity Chicago, IL No warranty or representation is made to the accuracy of the foregoing information. Terms of sale and availability are subject to change or withdrawal without notice Offered by: CRH Advisors LLC 309 W. Washington Blvd., Suite 405 Chicago, IL 60606 O: 312.224.1022 C: 312.805.6666 [email protected] 2527 N . Milwaukee LOGAN BLVD. Proposed Mixed Use Redevelopment 220 Apartments 330 Parking Spaces 110,000 SF Ground Floor Retail 6 Story Building Illinois Centennial Monument Henry Bacon Architect Kennedy Expressway Logan Square Blue Line CTA To O’Hare and Midway To Kennedy Expressway Urban Inn / Residential
Transcript of FOR SALE Redevelopment Opportunity Urban Inn / Residential … · 2016-03-31 · Chicago Distilling...
2527 N. MILWAUKEE AVE.
FOR SALE Redevelopment Opportunity
Chicago, IL
No warranty or representation is made to the accuracy of the foregoing information. Terms of sale and availability are subject to change or withdrawal without notice
Offered by:
CRH Advisors LLC309 W. Washington Blvd., Suite 405
Chicago, IL 60606
O: 312.224.1022
C: 312.805.6666
2527 N. MilwaukeeLOGAN BLVD.
Proposed Mixed Use Redevelopment220 Apartments 330 Parking Spaces
110,000 SF Ground Floor Retail
6 Story Building
Illinois Centennial Monument
Henry Bacon Architect
Kennedy Expressway
Logan Square Blue Line CTA
To O’Hare and Midway
To Kennedy Expressway
Urban Inn / Residential
Property Highlights
• Located in the booming and historic Logan Square neighborhood, this property is a terrific Urban Inn or residential redevelopment opportunity.
• Greater than $181 Million dollars of approved and proposed mixed-use and residential development projects are located within 3 blocks of the subject property.
• Approximately 135,000 sf of new ground floor retail is approved or proposed within 3 blocks of the subject property including a major grocery store.
• The property was previously a 75 unit single room occupancy use. Reported to not be subject to the City’s 2015 SRO ordinance.
• Offsite parking is available in the immediate surrounding area.• Close to Blue line Kedzie subway station with easy access to O’Hare and Midway airports.• Potential fifth floor addition to property adds value and 360° city views.
Rosa’s Lounge
Proposed Mixed Use Redevelopment220 Apartments 330 Parking Spaces
110,000 SF Ground Floor Retail
6 Story Building
Hairpin Arts Center
Chicago Distilling Company
Masa Azul
Fat Rice
New Mixed Use Development2255 N. Milwaukee, RBPD: 1279
220 Apartments 59 Parking Space
9,400 SF Ground Floor Retail
211,000 SF Building
New Mixed Use Development2231 N. Milwaukee, RBPD: 1259
120 Apartments 67 Parking Space
13,000 SF Ground Floor Retail
119,000 SF Building
No warranty or representation is made to the accuracy of the foregoing information. Terms of sale and availability are subject to change or withdrawal without notice
Offered by:
CRH Advisors LLC309 W. Washington Blvd., Suite 405
Chicago, IL 60606
O: 312.224.1022
C: 312.805.6666
Reno
2527 N. Milwaukee
Demographics
Building
Building Size:
Land Area
Zoning:
Real Estate Taxes:
PIN:
Sales Price:
Landmark Designation:
20,000 SF
5,363 SF
C2-2
$30,405:
13-25-315-036
Subject to Offer
None
543,500
49%
$84250
18300
Population:
Age Distribution (22-44):
Avg. Household Income:
Total Businesses:
Owner Occupied
Residential Units:
Rented Residential
Units:
85330
127,421Gaslight CoffeeNew Wave
Jam
Webster’s
• Decorative terracotta and masonry exterior
• Large, existing signage• Milwaukee Avenue average daily traffic
count- 14,500 vehicles.• Kennedy Expressway access one mile
away• Logan Square is adjacent to booming
neighborhoods like Bucktown and Wicker Park
• 3 miles from the Loop
No warranty or representation is made to the accuracy of the foregoing information. Terms of sale and availability are subject to change or withdrawal without notice
Offered by:
CRH Advisors LLC309 W. Washington Blvd., Suite 405
Chicago, IL 60606
O: 312.224.1022
C: 312.805.6666
O’Hare
Airport
Midway
Airport
SITE
Zoning Map
Road Map CTA Map
