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Jefferson Park development site 6350 W Montrose Ave 425 SF Retail Building Chicago, IL 60634 For Sale



Investment Highlights
- Montrose Ave and Narragansett Ave
- Across from McDonalds and Wilbur Wright College
Executive Summary
6350 - 6352 W Montrose Avenue is the northeast corner of Montrose Ave and Narragansett Avenue in Jefferson Park across from McDonald's and Wilbur Wright College (Wilbur Wright College has nearly 8,000 enrolled students). Traffic on W. Montrose Avenue averages 24,000 vehicles per day while traffic on N. Narragansett Avenue averages 20,000 vehicles per day. Population in the 2-mile radius is 140,655 growing to 733,054 in the 5-mile radius with average household income of $114,943 and $113,182 respectively.
Chicago Transit Authority Bus routes #78 (connecting Harlem/Forest Preserve in the south to Montrose/Marine in the north with service to the Lakefront and Montrose Beach on weekends) and #86 (runs between Ridgeland Green Line Train and Milwaukee/Imlay Terminal) serve the property. Smyser Elementary School is 1-block east at 4310 N Melvina and Saint Mary School is 4-blocks east at 4200 N Austin. Harlem Irving Plaza and Norridge Commons are 1-mile west with retailers Target, LA Fitness, Best Buy, Michaels, Hobby Lobby, DSW, Dick's Sporting Goods, Ross Dress for Less, Bob's Discount Furniture and many other restaurants and small-store concepts.
Chicago Transit Authority Bus routes #78 (connecting Harlem/Forest Preserve in the south to Montrose/Marine in the north with service to the Lakefront and Montrose Beach on weekends) and #86 (runs between Ridgeland Green Line Train and Milwaukee/Imlay Terminal) serve the property. Smyser Elementary School is 1-block east at 4310 N Melvina and Saint Mary School is 4-blocks east at 4200 N Austin. Harlem Irving Plaza and Norridge Commons are 1-mile west with retailers Target, LA Fitness, Best Buy, Michaels, Hobby Lobby, DSW, Dick's Sporting Goods, Ross Dress for Less, Bob's Discount Furniture and many other restaurants and small-store concepts.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
425 SF
Building Class
C
Year Built/Renovated
1957/2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.03
Lot Size
0.30 AC
Zoning
B3-1 - commercial property
Moderately walkable
70/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 13-17-116-044-0000 | Improvements Assessment | $168,522 CAD |
| Land Assessment | $116,402 CAD | Total Assessment | $284,925 CAD |
Property Taxes
Parcel Number
13-17-116-044-0000
Land Assessment
$116,402 CAD
Improvements Assessment
$168,522 CAD
Total Assessment
$284,925 CAD
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Jefferson Park development site | 6350 W Montrose Ave
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