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6301 S WESTERN Avenue

Chicago, Illinois, 60636, United States

Property ID: #836338 // commercial
6301 S WESTERN Avenue
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Traditional Sale
List Price:
$299,000.00
Icon - ft²
Icon 100 acres
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Address:
6301 S WESTERN Avenue
City:
Chicago
State:
Illinois
Municipality or Township:
South Chicago
Zip Code:
60636
County:
Cook
Country:
United States
Property Type:
Commercial
Additional Property Types:
Mixed Use
Year Built:
1924
Lot Size:
100 acres
Data Source:
Midwest Real Estate Data
MLS/Reference Number(s):
MRD11298860
Source Status:
Pending
Source Property Type:
Commercial, Mixed Use

Property Provided By

  • Scott Siegel
  • SRFG, Inc
  • +1 (773) 968-1110
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Property Information

The Gaynor Building is an excellent Chicago Lawn redevelopment opportunity. The subject property sits at the SEC of the signalized intersection of 63rd St. and Western Ave., it occupies the entire 13,000 sf land site and is presently vacant and ready for redevelopment. An astute developer could consider new retail with offices up, retail with 28 residential units up or, the true visionary, might take advantage of the exposure to 31,600 VPD, demolish the entire building and deliver a much needed QSR/drive-thru solution. B1-2 zoning allows for a variety of uses and the property resides squarely in an Opportunity Zone. Further, because the CTA's #63 (63rd St.) and #49 (Western Ave.) bus stops are at the front door, any future residential play would likely be considered a Transit Oriented Development (TOD) and if you don't think the city could use another 28 units of affordable housing, you don't know this city! Other major area businesses include: Marquette Bank, Jewel, Walgreens, Pep Boys, Chase Bank, Murray Auto and other new strip centers coming online. 16th Ward Alderman Stephanie Coleman runs the show. Information deemed reliable, but not guaranteed. Use diligence. Please note: The asset is being sold as part of a larger 7 building 58-unit package. Please check under the Additional Information tab. PROPERTIES ARE AVAILABLE INDIVIDUALLY!

Directions

SOUTH OR NORTH ON WESTERN AVE TO 6301-13 SOUTH.

Source Disclaimer

Midwest Real Estate Data

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Courtesy of SRFG, Inc.
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This content last updated on 2022-12-28 01:18:02. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.


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