5061 West Lake Street, Chicago, IL

About 5061 West Lake Street

5061 W. Lake Street is a 13,500 square foot parcel with two buildings totaling approximately 3,000 square feet feet available for sale via auction. This property is currently rented month-to-month by an automotive shop and generates rent annually. The property is situated along Lake Street in West Garfield Park and is located in the PMD-9 zoning district. The zoning would allow for a variety of uses including automotive and repair shops. This area is undergoing revitalization, attracting investors interested in urban redevelopment and community growth. The property's location offers easy access to major transportation routes, including the CTA Green Line and I-290. With the neighborhood's potential for appreciation, driven by ongoing improvements and community initiatives, this is a great oppportunity for a user or investor. Located on the west side of Chicago, this property is a few blocks from Green Line stations and a short drive from the Eisenhower Expressway. West Garfield Park has become a desirable location for many businesses including boutiques, restaurants and bars. With increasing gentrification, the area is attracting a diverse group of entrepreneurs. 5061 W. LAKE STREET

Features of 5061 West Lake Street

MLS® # 12351507
Bathrooms 0.00
Acres 0.00
Year Built 1919
Type Commercial Sale
Sub-Type Industrial
Status Auction

Community Information

Address 5061 West Lake Street
Area CHI - Austin
City Chicago
County Cook
State IL
Zip Code 60644

Amenities

Is Waterfront No
Has Pool No

Interior

Cooling None
Fireplace No
Has Basement No

Additional Information

Days on Market 172
Zoning PMD
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeMillennium Properties RE, Inc.
Contact Info312-338-3000

Listing Map

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