Chicago, IL 60645,2001 W Howard ST
Chicago, IL 60645,2001 W Howard ST
Chicago, IL 60645,2001 W Howard ST
Chicago, IL 60645,2001 W Howard ST
Chicago, IL 60645,2001 W Howard ST
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$ 950,000
Est. payment | /mo

12,000 SqFt


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$ 950,000
Est. payment | /mo
Save

12,000 SqFt

Key Details

Property Type Commercial

Sub Type Retail/Stores

Listing Status Active

Purchase Type For Sale

Square Footage 12,000 sqft

Price per Sqft $79

MLS Listing ID 12475640

Year Built 1938

Annual Tax Amount $44,818

Tax Year 2023

Lot Dimensions 106x123

Property Sub-Type Retail/Stores

Property Description

Essex 312, LLC is exclusively engaged to market for sale 2001-09 W. Howard St., a 13,059 SF commercial property located at the intersection of Howard St. and Damen Ave. in Chicago's Rogers Park neighborhood. This property is ideally suited for residential and retail redevelopment or can continue its current operations. In May of this year, the 49th Ward of Chicago upzoned the Howard St. corridor to B2-3 to encourage development and growth. The new zoning allows for a Floor Area Ratio (FAR) of 3.0, enabling a potential 39,177 SF mixed-use development by right. The property currently consists of five storefronts, subdivided into three retail units. Current tenants include Super Tasty Sub and The Way Mission Inc., while the third space remains vacant in a vanilla box condition, offering immediate leasing opportunities or repositioning potential. Located along a major east-west corridor, the site benefits from strong vehicle and pedestrian traffic, its proximity to the Howard CTA terminal, and a dense surrounding residential population. The corner lot features over 100 feet of frontage, ensuring excellent visibility and access for both tenants and customers. 2001-09 W. Howard St. presents a rare combination of existing cash flow, lease-up potential, and long-term redevelopment upside, making it a compelling investment opportunity in the heart of Rogers Park.

Location

State IL

County Cook

Area Chi - Rogers Park

Interior

Cooling Central Individual

Fireplace N

Building

Dwelling Type Retail/Stores

Midwest Real Estate Data (MRED) IDX
Listed by Michael Masterson of  Essex 312, LLC 
Legacy Properties

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(224) 999-9100

managingbroker@legacypropertiesil.com

2325 Dean St, Suite 900, St Charles, Illinois, 60175, USA

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2001 W Howard ST