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7455 W Irving Park Road Chicago, IL 60634

$1,000,000
Active / MLS# 12557713 / Land - Commercial / Chicago
0 Beds

Prime 6,250 SF (50' x 125') corner development site situated on a high-visibility signalized-adjacent corner in Chicago's thriving Belmont Heights/Dunning corridor. This strategic 0.16-acre lot offers 50 feet of frontage on Irving Park Road, a major Northwest Side artery with traffic counts exceeding 18,000 VPD. Zoned C1-2 (Neighborhood Commercial), the property provides broad flexibility for retail, professional office, or medical use, with the added potential for multi-story mixed-use development featuring residential units above ground-floor commercial. The site currently includes a fully renovated (2024) 4,055 SF freestanding structure with a turnkey restaurant, an apartment unit above, and a rare 15-car dedicated side parking lot, providing immediate utility or a high-income holding opportunity while final plans are secured. Located in Jefferson Township (Area 8017) within Chicago School District 299, the property is just blocks from the Harlem-Irving Plaza (HIP) and benefits from the dense, high-income residential demographics ($92k+ median HHI) of the surrounding neighborhood. Excellent proximity to the I-90/294 O'Hare corridor and heavy commuter bus transit makes this an ideal flagship location for national retailers or local developers seeking maximum Northwest Side exposure.

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$ 3,670.47 per month $2,222.22 Principal & Interest $1,156.58 Property Tax $291.67 Homeowner's Insurance
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Property Details

Property Type: Land - Commercial
Lot Size: 50' x 125'
Taxes: $13,879

Feature Descriptions

Current Use: Commercial, Liquor License, Retail
Frontage: 50
Frontage Type: Public Road, Signal Intersection, State Road, Alley Access, Paved
Lot Dimensions: 50' x 125'
Parcel#: 12242020020000
Road Surface: Asphalt
Township: Jefferson
Utilities: Electric to Site, Natural Gas Available, Sewer Connected, Water Available, Other, Cable Available, Fiber

Schools

School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

See details and scored characteristics about this location.

Listing Office: Pearson Realty Group

Listing Office Phone: 773-325-2800



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