Rare and unique opportunity in the heart of Chicago's Ukrainian Village neighborhood, to own and develop the iconic Happy Village establishment. The opportunity consists of a 50x125 double lot, with commercial across the bottom floor. The second floor consists of a large three bedroom one bath apartment, prime for a creative remodel. This double lot is currently one parcel and landmarked on only the north and west side, allowing for creative improvements. Many potential investment strategies to consider. Zoned C1-2, new construction is possible on the 1057 side, with massive cash flow potential, if kept as residential rentals or AirBnB. Alternatively, consider adding a second commercial space at ground level. An exciting opportunity to be part of a venture that is sure to make its mark on the identity of one of Chicago's most celebrated communities.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
