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$ 12,000,000
Est. payment /mo
New
Address not disclosed Chicago, IL 60659
31,163 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Bus / Bus w/Real Est
Listing Status Active
Purchase Type For Sale
Square Footage 31,163 sqft
Price per Sqft $385
MLS Listing ID 12451474
Annual Tax Amount $83,396
Tax Year 2023
Lot Dimensions 602x108
Property Sub-Type Bus / Bus w/Real Est
Property Description
Former Ford Motor Car Dealership - Exceptionally rare Redevelopment Opportunity to acquire this high-visibility, high-traffic corner site that is ideal for a wide range of uses. The former Ford Motors Car dealership location. This 65,000 Sq. ft. land site includes a 31,000 sq. ft. building and ample parking, located on the prominent corner of Western Ave just north of Devon Ave. Positioned directly across from Warren Park and block away from Honda car dealership. The existing facility is well-equipped to support car dealership, automotive-related businesses offering a repair shop, body shop, car wash, and Auto-parts department. However, the site also offers significant redevelopment potential for a variety of commercial or mixed-use projects. 65,000 Sq. ft. land/31,000 sq. ft. building, dedicated parking lot. Excellent Western Ave. frontage. Minutes from Lake Shore Drive, major roads, and interstates. Potential benefits from inclusion in a Tax Increment Financing (TIF) District. This is one of the few remaining large parcels in the area with such diverse possibilities, perfect for auto dealerships, service centers, or redevelopment into retail, banquet, or mixed-use space. The site enjoys outstanding exposure and accessibility. Don't miss this rare opportunity to own or invest in a prime corner site in a vibrant, high-demand corridor.
Location
State IL
County Cook
Area Chi - West Ridge
Zoning COMMR
Interior
Cooling Central Air
Fireplace N
Exterior
Utilities Available Electric to Site
Roof Type Rubber
Building
Dwelling Type Bus / Bus w/Real Est
Structure Type Brick,Concrete
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Listed by Mark Ahmad of Century 21 Circle