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PROPERTY DETAILS:
83% occupied mixed-use building with significant value-add potential
Brand new 5-year lease signed for the recently gut renovated, clear span, single story commercial space at 2714 W. North Avenue
In-place B3-2 zoning allows for the conversion of commercial spaces to additional ground floor dwelling units with the procurement of a special use permit (no zoning change needed)
Current apartment rents are below market
North Avenue location in E. Humboldt Park is in the path of progress and conveniently accessible via public transit