** HUGE $150,000 PRICE DROP- ULTRA MOTIVATED SELLER SAYS MAKE A REASONABLE OFFER, WE MUST SELL!** Large commercial site Nearly 14,000 (107.6-125 lot) square feet in booming Kelvin Park/Belmont Gardens/Avondale Area ready for highest and best use from new development (MASSIVE FAR of 3), to an armchair investment, to an owner occupant who can run their business and offset their debt service with rental income. Zoning was changed in 2019 from B2-3 to C1-3 (documentation of upzone available upon request). Phase 2 environmental also available upon request. Tons of AAA Commercial tenants slightly to the east and west on Pulaski and Cicero intersections respectively, which include but are not limited Major banks, global restaurant chains, stores, pharmacies, and much more. New construction single family homes, condos, and rental projects are all around with 2 bed rentals capturing as high as $2400. Owner once had plans for 20 condos + 4 store fronts (renderings available upon request) Restaurant license, highly valuable tavern license, cafe license, and Public Place of Amusement (PPA) all in place. There is a two Story brick structure with a 3 bed apartment, which is rented for $1400 MTM. Business is one story stucco structure and neighborhood entertainment staple Astoria club, which has been operating only on weekends for 60 years by the owner of the real estate, who is flexible on moving his business pending closing terms. 30th Ward- Alderman Ariel E. Reboyas is very flexible, business friendly, and open to hearing and facilitating your ideas and businesses. Introductions can and will be made!
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.
