IL > Chicago
Chicago, IL 60613,1625 W Irving Park RD
See all 14 photos
Chicago, IL 60613,1625 W Irving Park RD
Chicago, IL 60613,1625 W Irving Park RD
Chicago, IL 60613,1625 W Irving Park RD
Chicago, IL 60613,1625 W Irving Park RD
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Thu
8
May
Fri
9
May
Sat
10
May
Kimberly Zahand

Kimberly Zahand

+1(630) 215-6063
$ 2,900,000
Est. payment /mo
Save
New

1625 W Irving Park RD Chicago, IL 60613

12,995 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 12,995 sqft

Price per Sqft $223

MLS Listing ID 12356730

Year Built 2015

Annual Tax Amount $51,367

Tax Year 2023

Lot Dimensions 85X125

Property Sub-Type Mixed Use

Property Description

Pleased to present an exceptional value-add investment opportunity at 1625 W Irving Park Rd, Chicago - a premium mixed-use property located in the heart of Lakeview, one of Chicago's most vibrant and desirable neighborhoods. The property spans a 10,640 SF lot and is improved with a 12,995 SF, partially four-story mixed-use building, along with a single-story restaurant. A large surface parking area comprising approximately 3,900 SF offers multiple development and use options. Investment Highlights: Significant value-add potential, including: The by-right addition of up to six dwelling units Potential for free-standing residential development Opportunity to reposition and right-size the existing, fully equipped restaurant Property Details: The four-story mixed-use structure, built in 2014, features: Private dining and event space on the first and second floors Four (4) two-bedroom, one-bath residential units on the third and fourth floors An elevator and multiple access points, enabling flexibility to convert the second-floor event space into 2-3 additional dwelling units A full basement supporting restaurant operations The single-story restaurant space (approx. 2,700 SF) includes: A rooftop bar, full kitchen with two hoods A full bar and indoor seating for 103 Additional outdoor patio and sidewalk cafe seating Reconfiguring the restaurant to meet current market demand for smaller, more efficient spaces presents an opportunity to reduce operating costs (labor, utilities, insurance) and command a higher per-SF rental rate. The rear surface parking area with prominent Marshfield frontage offers added flexibility, whether through development of a free-standing rental or condo building, or creation of a dynamic outdoor beer garden. This versatility only enhances the property's value-add upside.

Location

State IL

County Cook

Area Chi - Lake View

Zoning MULTI

Interior

Cooling Central Individual

Fireplace N

Building

Dwelling Type Mixed Use

Level or Stories 4

Midwest Real Estate Data (MRED) IDX
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Timothy Rasmussen • Sperry Van Ness
agent

Kimberly Zahand

+1(630) 215-6063

GET MORE INFORMATION

Name
Phone*
Message
I agree by electronic signature to the Electronic Disclosure Consent; to receive recurring marketing communication from or on behalf of Kimberly Zahand Team, including auto-dialed calls, texts, and artificial/prerecorded voice messages (consent not required to make a purchase; data rates may apply; reply “STOP” to opt-out of texts or ‘HELP” for help); and to the Terms of Service and Privacy Policy of this website. I understand that I can call to obtain direct assistance.

Go tour this home

1625 W Irving Park RD

QUICK SEARCH
There are 33 quick searches