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$800,000
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Property Description
Great freestanding masonry commercial Office/Retail/mixed use building, In Arcadia Terrace. B3-2 Zoning, Building is 4560 sq feet, Lot is 7125 sq ft, 34,400 (VPD) cars pass this location a day. Right on the corner of Peterson and Talman. Great Visibility, Right Across the street from Green Briar Park. Bldg is completely rehabbed, very well maintained, Currently built out as modern office space for a computer company. First floor is comprised of a reception Area, conference room, 9 individual offices, and open cubicle space, Modern kitchen area and updated Mens and Womens Restrooms, Great signage area, classic facade, 12 ft ceilings, 200 amp electric system, very bright, modern lighting, sprinkler fire control system, Gas heat on main floor, Completely modern updated wiring for computer and phone system, New 3 climate zone HVAC, Parking is 8 tandem parking spaces in rear parking lot, The building had at one time been the long term home of the Chicago Association of Realtors (CAR). Great potential here, Perfect for an owner user, ideal for a variety of commercial uses, Retail, Professional use Office insurance, Lawyer, Real estate, Medical use, school, adult education center, Area Retailers and business include, Wolfy's, Pride Sushi, Fondue Stube, Piccolo Lounge, La Gozadera Chicago Restaurant, Black Sheep Grill, Green Light Pub, Sabor A Cafe Colombian Steakhouse, Babylon Bistro Restaurant. Area Medical businesses include CPR Associates, Inc. Asian Human Services, The Center for Advanced Medicine & Surgery New Age Elder Care, NISHA Medical Laboratory Dental Touch Dental Lab, Do not bother tenant, Call listing agent for showing.
Full Property Details
Full Property Details for 2625 W Peterson Ave
General
- Sold For: $800,000
- Taxes: $31,744 (2020)
- Status: Closed
- Type: Commercial
- Source: MRED
- MLS ID: 11407142
- Added to Site: 1, 382 day(s) ago
Interior
- Interior Features: Private Restroom(s)
- Flooring: Carpet, Tile, Varies
Additional Information
- Security/Safety: Alarm on Site, Fire Extinguisher(s), Smoke or Fire Protectors
Parking
- Total Spaces: 8
- Parking Features: 6 to 12 Spaces, Paved, Private Lot
Location
- Area: CHI - West Ridge
- County: Cook
- Driving Directions: Peterson to Talman southeast corner
- Location Details: Chicago North, Mixed-Use Area
Heating & Cooling
- Cooling Type: Central Air Conditioning
- Heating Type: Central Heat/Individual Controls, Forced Air, Gas
Utilities
- Onsite: Electricity to Site, Gas to Site, Sanitary Sewer, Water to Site
Structural Information
- Construction: Brick, Concrete
- Exterior Const.: Brick
- Foundation: Concrete Perimeter
- Roof: Membrane, Reflective Coating
- Sub-Flooring: Carpet, Tile, Varies
- Stories/Levels: 1
- Square Feet: 4,560
- Current Bldg. Use: Commercial
- Year Built: 1949
- Built Before 1978: Yes
Unit Information
- # Tenants: 1
Lot Features
- Lot Size (Sq. Ft.): 7,125
- Lot Dimensions: 57 x 125
- Frontage: City Street
- Drainage: Drain Tiles, Storm Sewers
- Potential Use: Commercial, Office and Research, Retail
- Zoning: COMMR
Financial Considerations
- For Sale/Rent/Lease: For Sale Only
- Security Deposit: Alarm On Site, Fire Extinguisher/s, Smoke or Fire Protectors
- Assessment Year: 1949
- Tax Amount: $31,744
- Tax Year: 2020
- Tenant Pays: Air Conditioning, Common Area Maintenance, Electricity, Heat, Janitorial Service, Taxes, Insurance, Other, Varies by Tenant
Disclosures and Reports
- Documents Avail.: Aerial Map, Demographics, Tax Bill, Traffic Counts, Backup Package
- Property ID: 13014030010000
Listed by @properties Commercial
Sold by Guidance Realty
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Schools
Schools serving 2625 W Peterson Ave
School District:Chicago Public School District 299
| Name | Grades | Distance |
|---|---|---|
Jamieson Elementary School 5650 North Mozart Street, Chicago, IL 60659 | K-8 | 0.5 mi |
Mather High School 5835 North Lincoln Avenue, Chicago, IL 60659 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 2625 W Peterson Ave
Date
Details
Price
Change
Source
7/24/2023
Sold
$800,000
-14.8%
MLS
3/07/2023
Price Reduced
$939,000
-0.11%
MLS
5/17/2022
Listed
$940,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
2625 W Peterson Avenue, Chicago, IL 60659 (MLS# 11407142) is a Commercial property that was sold at $800,000 on July 24, 2023. Want to learn more about 2625 W Peterson Avenue? Do you have questions about finding other Commercial real estate for sale in West Ridge? You can browse all West Ridge real estate or contact a Coldwell Banker agent to request more information.

