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Investment Highlights

  • Only couple blocks from the Loyola University
  • Very busy street of Broadway
  • Right across from Aldi and McDonals's

Executive Summary

Located in the highly desirable Edgewater community on Broadway, this property presents an exceptional opportunity for investors, developers, and those looking to create a high-demand rental property. The location offers outstanding convenience, with Aldi and McDonald's directly across the street, providing everyday essentials and dining options just steps from the property. One of the property's biggest advantages is its proximity to Loyola University Chicago, located just a couple of blocks away. This makes the property particularly attractive for students seeking convenient off-campus housing close to campus, creating strong potential for a student-oriented rental development. The property is also a potential tear-down and redevelopment opportunity, with B3-5 zoning allowing for development of up to five stories, subject to applicable City of Chicago requirements and approvals. The zoning and location provide developers with the flexibility to explore a variety of concepts and maximize the investment concept, this is an opportunity to take advantage of a prime location in one of Chicago's established neighborhoods. Bring your vision and explore the possibilities this property has to offer.

Property Facts

Sale Type
Investment
Sale Conditions
Build to Suit
Property Type
Retail
Property Subtype
Funeral Home
Building Size
11,500 SF
Building Class
C
Year Built
1910
Tenancy
Single
Building Height
2 Stories
Building FAR
1.00
Lot Size
0.26 AC
Zoning
B3-5 - B3-5 zoning in Chicago is a Community Shopping District designation that permits medium-to-high density, mixed-use buildings with ground-floor retail.
Frontage
85’ on North Broadway
Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100

Nearby Major Retailers

Anytime Fitness
Curves
Bank of America
Chase
The Halal Guys
BMO
LA Fitness
Pure Barre
Starbucks
Whole Foods

Property Taxes

Property Taxes

Parcel Number
14-05-115-020-0000
Land Assessment
$86,231 CAD
Improvements Assessment
$68,658 CAD
Total Assessment
$154,888 CAD
  • Listing ID: 41951856

  • Date on Market: 2026-08-31

  • Last Updated:

  • Address: 6222 N Broadway St, Chicago, IL 60660

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