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5061 Lake Street  Chicago IL 60644

5061 Lake Street Chicago, IL 60644

Price Reduced For Sale
5061 Lake Street
Chicago, IL 60644
Type: Commercial Sale
Agent: Brad Thompson
Agent Email: bthompson@mpirealestate.com
Broker: Millennium Properties RE, Inc.
Broker Phone: 312-338-3000

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

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