1374 West Grand Avenue
1374 West Grand Avenue
$1,150,000
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Pending
Description
1374 w. Grand Avenue is a three-story mixed-use building located in Chicago's West Town Neighborhood. The property was originally constructed in 1878 and extensively renovated in 2006, with 7,830 SF of space on three floors above grade and a full height 2,750 SF basement. The property has been operated for the past 22 years as Bella Notte Restaurant and Bar, a popular neighborhood establishment. The restaurant occupies the first and second floors and the third floor is configured as a 2,346 SF apartment....1374 w. Grand Avenue is a three-story mixed-use building located in Chicago's West Town Neighborhood. The property was originally constructed in 1878 and extensively renovated in 2006, with 7,830 SF of space on three floors above grade and a full height 2,750 SF basement. The property has been operated for the past 22 years as Bella Notte Restaurant and Bar, a popular neighborhood establishment. The restaurant occupies the first and second floors and the third floor is configured as a 2,346 SF apartment. 1374 W. Grand is immediately north of Chicago's Fulton Market Neighborhood and proximate to the proposed Bally's Casino slated to be developed in the former Chicago Tribune site on the Chicago River. With numerous commercial, hospitality, and multifamily developments in immediate surrounding areas 1374 W. Grand is well positioned to capitalize on local growth. This offering presents an investor or operator the chance to acquire a highly improved property with a turn-key restaurant business for a basis far below replacement cost, or capitalize on the B3-2 zoning and create additional multifamily dwelling units.
- Listed by George Toscas • ACO Commercial
Property Details for 1374 West Grand Avenue
Area
CHI - West Town
TownshipWest Chicago
ZoningCOMMR
Location
LISTING UPDATED: 04/23/2024 12:48 PM
Property Details for 1374 West Grand Avenue
Status | Pending |
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MLS # | 11905304 |
Days on Market | 196 |
Taxes | $22,254 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Mixed Use |
MLS Type | Commercial Sale |
Year Built | 1878 |
Lot Size | 0.08 AC / 3,350 SF |
County | Cook County |
Location
Building Information for 1374 West Grand Avenue
Stories-Residences2Year Built1878Lot Size0.08 AC / 3,350 SF
Payment Calculator
$8,131 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1374 West Grand Avenue
Property History for 1374 West Grand Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1374 West Grand Avenue
Taxable ValueLand$20,100Additions$93,900Total$114,000
Tax Record2022$22,744 ($1,895 / month)
Home Facts
Baths2.5Total Finished SqFt7,348 SqFtAbove Grade Finished SqFt7,348 SqFtStories3Lot Size3,350 SqFtStyleMulti-Family Res (5+ Units)Year Built1876CountyCOOKAPN17-08-124-022
Schools near 1374 West Grand Avenue
This home is within City Of Chicago School District 299.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 | |||
Charter - | 9 to 12 |
Rating | School | Distance |
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Otis Elementary School PublicPK to 8 | ||
Wells Community Academy High School Public9 to 12 | ||
Ogden Int High School Public9 to 12 | ||
Golder College Prep Charter9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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