Chicago, IL 60644 5061 W Lake Street
$0

Presented By: Millennium Properties RE, Inc.
Home Details
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
Presented By: Millennium Properties RE, Inc.
General for 5061 W Lake Street
Additional Parcels Y/NNo
CityChicago
CoolingNone
CountyCook
DirectionsNorth Cicero Ave to West Lake Street
ElectricOther
Gross Income
Leasable Area
Lot Size Square Feet13500
MLS AreaCHI - Austin
ModificationTimestamp2025-05-01T08:03:01.225Z
Net Operating Income0
Operating Expense0
Property TypeCommercial Sale
Property TypeIndustrial
Standard StatusActive
StatusAuction
Stories Count1
Tax Annual Amount11604.5
Tax Year2023
TownshipWest Chicago
Year Built1919
ZoningPMD
Exterior for 5061 W Lake Street
Building Area Total3000
Lot Dimensions60X225
Additional Details
Price History
