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$1,975,000
Est. payment /mo
6,003 SqFt
UPDATED:
08/17/2024 08:27 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 6,003 sqft
Price per Sqft $329
MLS Listing ID 11814661
Year Built 1912
Annual Tax Amount $24,215
Tax Year 2021
Lot Dimensions 50 X 150
Property Description
Great masonry Commercial mixed use building in Hubbard woods Winnetka, Very rare offering, First time on the market since 1912, Building is 6003 SQ FT, Land Site is approx 7,500 SQ FT, The building is comprised of 4 small Buildings attached together. Features a first floor retail showroom, office, and a rear storage Barrel truss warehouse, with two "DID's" drive in doors and a 3 bed, 1 bath apt upstairs, The residential tenant pays $1,700 month to month & pays gas ,electricity, cable, and internet. Also features a Basement for additional storage, Zoning is the C-2 retail overlay district, One curb cut on to Green bay road, Side gravel drive loading area, Right next door to the Hubbard woods Walgreens, 7,500 (VPD) Vehicles pass this location a day . Right on the Intersection of Green bay Road and Gage. Walking distance to Metra and to Hubbard Woods Park, Close to area expressways, This great property provides the perfect opportunity for an Investor, Developer or end user to acquire a boutique mixed use building right in the heart of the vibrant Hubbard woods shopping district neighborhood, This is an atypical chance to purchase a truly remarkable underutilized property with tremendous upside in rental potential or development. If developing this parcel, the village of Winnetka has hinted that 4 stories may be possible with a village approved parking plan, retail and restaurant use is by zoning right, would make for a fantastic brewery!!!! This property is surrounded by High end retail and restaurants, Area retailers and restaurants include Walgreens, Kyoto Sushi Plus Japanese Restaurant, Once Upon A Bagel, Graeter's Ice Cream Spirit Elephant vegan, Momsy's Cafe, Serena & Lily, Mathnasium, Hubbard Woods Dental, Alexandra Kaehler Design, Ownership will listen to all offers within reason, Do not bother tenant, Please call listing agent for a showing
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling Wall Sleeve
Flooring Carpet, Concrete, Tile, Varies
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water-Municipal, Water to Site
View Y/N true
Roof Type Membrane,Rubber
Building
Foundation Brick/Mortar, Concrete Perimeter
Structure Type Brick,Concrete
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Listed by Michael Levin • @properties Commercial