1017 West 16th Street

Chicago IL 60608

0.18 ac.

Land

Currently for sale - view listing

Overview

Current ownership had planned to submit for a zoning change to B2-3 with variations to build a 20-units in a 5 story building with parking for 16 cars. Conceptual plans are complete and alderman has shown support for more density in the area. Currently there is a 5,000 SF garage space with a side lot for additional parking, a rare find in East Pilsen. The property can also be utilized for logistics or warehouse with and features 2 drive in doors on 16th Street. Located in the heart of Chicago's Pilsen neighborhood just off the corner of 16th & Miller, the site features unobstructed views of Chicago's skyline. Pilsen is known for its vibrant murals, stunning turn-of-the-century architecture, art galleries, and its rich heritage. It's strategically located and is just blocks to I-90/94, I-55 & I-290. Tenants also have easy access to the Metra Station, CTA Pink Line and Orange Line. Illinois Medical District and UIC are both within walking distance making the site perfect for a redevelopment into apartments or condos. For lease: 5,000 SF garage space with a side lot for additional parking, a rare find in East Pilsen. The property can also be utilized for logistics or warehouse and features 2 drive-in doors on 16th Street. $5,250 per month NNN

Features

0.18 ac. lot size

Land

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