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6232-6238 N Broadway St
Chicago, IL 60660 Edgewater

$625,000 USD

Storefront Retail Residential Condo For Sale  •  5,366 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 5,366 SF
  • Lot Size 0.21 AC
  • Building Class C
  • Year Built 1923
  • Cap Rate 7.00 %
  • Tenancy Multiple
  • Zoning C2-3, Chicago
74 Transit Score
95 Walk Score

1 Unit Available

Name Condo Use Size Price Details
1st Floor - Unit 6232-6238 Office/Retail 5,366 SF $625,000 USD
  • Unit Size: 5,366 SF
  • Condo Use: Office/Retail
  • Price: $625,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $116.47 USD

Description

LOCATION - Edgewater is a lakefront community area on the North Side of the city of Chicago, Illinois, six miles north of the Loop. Edgewater contains several beaches that residents enjoy during the late spring, summer, and early autumn. Chicago’s largest park, Lincoln Park, stretches south from Edgewater for seven miles along the waterfront, almost to downtown.

MULTIPLE MASS TRANSIT OPTIONS - Just steps away is the CTA Granville Red Line Station, providing direct access to downtown Chicago and the northern suburbs. Multiple CTA bus routes operate along Broadway, connecting residents and visitors to surrounding neighborhoods, including Andersonville, Uptown, and Rogers Park. The property is also within walking distance of Lakefront Trail access, making it a prime location for both pedestrians and cyclists.

DEMOGRAPHICS - Within 1 mile, the average household income is $79,361 and is projected to continue increasing with the neighborhood's growth. The median home value within 1 mile is $286,821 and 65% of the adult population hold a bachelor’s or graduate/professional degree. A total population of 71,920 live within a 1-mile radius, providing a strong residential base to support retail and business demand.

RETAIL, DESTINATION RESTAURANTS, TOURISM - Edgewater’s vibrant commercial corridors boast a variety of local and national retailers, restaurants, and cultural landmarks. Nearby Andersonville is a major draw for shoppers and diners, known for its eclectic mix of boutique stores and destination eateries. The area’s strong residential base, proximity to Loyola University, and lakeside location further bolster its appeal to residents and visitors alike.

Property Flyers

Financial Summary

Cap Rate: 7.00 %
Total Expenses: $0 USD

Major Tenants

Tenant SF Occupied Lease End Date
Broadway Computers
Vee Vee Restaurant

Amenities

  • Bus Line
  • Signage

Public Transportation

Commuter RailDriveWalkDistance
3 min - 1.1 mi
Rogers Park Station (Union Pacific North Line - Northeast Illinois Regional Commuter Railroad (Metra)) 4 min - 1.6 mi
Transit/SubwayDriveWalkDistance
Granville Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 1 min 4 min 0.2 mi
Loyola Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 8 min 0.4 mi
Thorndale Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 2 min 9 min 0.5 mi
Bryn Mawr Station (Red Line - Chicago Transit Authority "L" Trains (The "L")) 3 min 17 min 0.9 mi
AirportDriveWalkDistance
Chicago Midway International 37 min - 18.4 mi
Chicago O'Hare International 49 min - 18.5 mi
Tom Galvin 630-748-9416 Greenstone Partners
Tom Galvin 630-748-9416 Greenstone Partners