7532 - 7550 West Addison Street

For Sale

7532 - 7550 West Addison Street, Chicago, IL 60634

This Chicago property for sale is located at 7532 - 7550 West Addison Street. The current listed sale price for 7532 - 7550 West Addison Street is $885,000. 7532 - 7550 West Addison Street is situated on a lot that is 0.52 acre in size.

Contacts

broker

Steven Hirsch

SVN | Chicago Commercial

Property Details

  • Property Type Retail - Strip
  • Property Size 10,980 SF
  • Lot Size 0.52 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 24
  • Parking Ratio 1.88 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1930
  • Date Updated Nov 1, 2024
Just 13 miles northwest of the Loop, Belmont Heights offers the convenience of the Big City without any of the overpopulation or congestion. Hundred-year-old trees line residential streets and ample parking exists throughout the neighborhood's commercial districts. Attracting young professionals who prefer to live away from where they work, families that need a good-sized yard, and folks in late life who want to downsize and slow down a tad, Belmont Heights is the ideal home for all sorts of Chicagoans. Cozy cafés and coffee shops abound while traditional Polish and German eateries and a slew of pizzerias fill the air with the irresistible aroma of sauerkraut and oregano. A cluster of friendly bars and grills house the nightlife in Belmont Heights, and the usual suspects of handy hardware stores, furniture showrooms and specialty groceries anchor the rest of the community's needs.Retail/Commercial building for sale. Over 230’ of street frontage on busy West Addison Street in the Belmont Heights neighborhood of Chicago. 11-unit (potential) multi-tenant investment property. ±22,800 SF land parcel with 24 parking spaces in the rear of the building. Future Passive income from cell tower expansion **Ask listing brokers. (Cell Tower and income are separate owners and not included in the sale.)**Access to ample parking at the back of the building ensures convenience for customers, while the proximity to public transportation in front of the building further enhances accessibility. Both units come equipped with existing restaurant kitchen equipment, presenting a rare opportunity for aspiring restaurateurs to leverage pre-installed amenities, potentially saving time and investment costs. The layout and design of these units are perfectly suited for restaurant and quick-service food uses, allowing for seamless operations and efficient customer service. While equipped, the spaces offer flexibility for customization, enabling the next tenant to personalize the ambiance and design according to their unique brand and vision.

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Highlights

  • ±10,980 SF Retail/Commercial building
  • B1-1 Zoning
  • Over 230’ of street frontage on busy West Addison St
  • 11-unit (potential) multi-tenant investment property
  • ±22,800 SF land parcel with 24 parking spaces in rear of building
  • 5.4 miles from the (I-90) Kennedy Expressway
  • Walking distance to CTA Bus Stops (Addison/Oriole)
  • Future Passive income from cell tower expansion **Ask listing brokers. (Cell Tower and income are separate owners and not included in sale.)**

Attachments

Getting around

  • 68/100

    Walk Score ®

  • 52/100

    Transit Score ®

  • 65/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Chicago, IL
  • Neighborhood Belmont Heights
  • Zip Code 60634
  • Market Chicago

Points of Interest

  • Elmwood Park

    1.41 miles

  • Belmont Avenue (Franklin Park)

    2.34 miles

  • Franklin Park

    2.68 miles

  • Schiller Park

    3.05 miles

  • Norwood Park

    3.31 miles

  • Rosemont Blue Line Station

    3.55 miles

  • Rosemont

    3.65 miles

  • Forest Glen

    3.85 miles

  • Edison Park

    3.96 miles

  • Maywood

    4.11 miles

  • BP

    0.47 miles

  • Impact Fuel

    0.56 miles

  • River Grove Citgo

    1.10 miles

  • Shell

    1.12 miles

  • AP

    1.33 miles

  • Gas Depot

    1.56 miles

  • Soofa Solar Phone Charger

    3.33 miles

  • Tesla Supercharger

    3.34 miles

  • eVgo

    3.42 miles

  • ChargePoint

    4.88 miles

  • St. Priscilla's Church parking

    0.74 miles

  • Dunning Read Natural Area Parking

    1.14 miles

  • Lot C

    1.61 miles

  • Lot D

    1.62 miles

  • Lot A

    1.63 miles

  • Lot B

    1.64 miles

  • Free parking for Oriole Park

    2.29 miles

  • Student Parking

    2.34 miles

  • Cernan Parking

    2.35 miles

  • Community First Health Center Parking Garage

    2.45 miles

  • Franksville

    0.43 miles

  • McDonald's

    0.44 miles

  • BarTucci

    0.47 miles

  • Taco Bell

    0.48 miles

  • Domino's

    0.53 miles

  • Jimmy John's

    0.53 miles

  • Dunkin'

    0.54 miles

  • Edelweiss

    0.55 miles

  • Jibarito’s on Harlem

    0.58 miles

  • Mr. Beef & Pizza on Harlem

    0.61 miles

  • Target

    0.67 miles

  • Harlem-Irving Plaza

    0.80 miles

  • Kohl's

    0.90 miles

  • Amazon Fresh

    0.99 miles

  • Ross

    1.01 miles

  • La Tienda Michoacana

    1.04 miles

  • Rich's Fresh Market

    1.09 miles

  • Angelo Caputo's Fresh Markets

    1.13 miles

  • dd's Discounts

    1.19 miles

  • Montrose Food Mart & Deli

    1.35 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Steven Hirsch

SVN | Chicago Commercial