56 East Chicago Avenue

Estimated Monthly Payment: $92,490/mo 56 East Chicago Avenue, Chicago-Near North Side, IL 60611 MLS# 09641146 Multi Family 5+ Listing Status: Active

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REMARKS:

Finally available! We are proud to offer one of the only remaining addresses of its kind, 56-60 E. Chicago Avenue. Located on the prestigious little stretch of East Chicago Ave. and Rush Street, the location will steal your heart and imagination. A stone's throw from the Mag Mile and the lake front, this absolute gem cannot be replicated. Originally built in 1891, this gorgeous Victorian building was originally constructed as a 12 story luxury apartment building and proudly houses the second oldest elevator in Chicago. Today, The Amanda Apartments has three large commercial spaces fronting Chicago Avenue and 25 residential units. All are currently vacant and awaiting their transformation. The property has been designated with DX-12 zoning, - the highest and most desirable commercial zoning available in Chicago. This offering will not last long and has only traded ownership twice in the last 125 years. Either reinvent the existing structure or start from ground up!

OVERVIEW:

Multi Family 5+
Active
Near North Side
North Chicago
1891
None
LESS THAN .25 ACRE
Hot Water

FINANCIAL:

$19,500,000
$42,805.78
Other

NEIGHBORHOOD & SCHOOL INFORMATION:

Broker Reciprocity Courtesy of Berkshire Hathaway HomeServices KoenigRubloff

 

The data relating to real estate for sale on this web site comes in part from the Broker ReciprocitySM Program of Midwest Real Estate Data, LLC. Real estate listings held by brokerage firms other than Pro Real Estate are marked with the Broker ReciprocitySM logo or the Broker ReciprocitySM thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers.

 

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Data last updated: 02/19/2018