About This Home

This 0-bedroom, 0-bathroom commercial at 2506 N Clybourn Avenue in Chicago, IL is listed for $1,475,000. Built in 1900, on a 0.23 acres lot.

Key Features

  • Built in 1900
  • 0.23 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1900

Amenities

FireplaceA/C
Listing Description

"Exceptional Mixed-Use Investment Opportunity in Lincoln Park" Rare opportunity to acquire a highly versatile, solid brick, corner property in the sought-after Lincoln Park/Lakeview area, offering tremendous upside potential for investors, owner-users, developers, and entrepreneurs.......

The main level features a character-rich 2,700 sq ft restaurant and bar complete with a fireplace, dual bar areas, exposed brick interior, two restrooms, and a commercial kitchen area...... The second floor includes a spacious owner's apartment featuring one bedroom, a fireplace, full bathroom, in-unit laundry, and a private outdoor balcony.

Also located on the second level are two additional residential units consisting of one 2-bedroom apartment and one non-conforming 1-bedroom apartment, providing excellent income-producing potential...... The unfinished basement offers abundant storage space and includes a walk-in cooler.

Outside, the property features a detached two-plus-car garage and a private patio area that could be utilized for outdoor dining, entertaining, or additional off-street parking. The site has the potential to accommodate approximately 10-12 vehicles......

The entire building (including apartments) has approximately 5,500 square feet and is zoned M1-2, providing flexibility for a variety of commercial, industrial, and investment uses...... The entire property is currently vacant, allowing a new owner immediate flexibility to renovate, reposition, lease, or occupy...... Property is being sold "AS-IS"...... This is an outstanding opportunity in one of Chicago's most desirable and dynamic neighborhoods.

Monthly Cost Estimate

$7,889/mo

20% down · 6.5% · 30 years

Principal$1,067
Interest$6,392
Insurance$430

Estimates only. Actual payments may vary.

Location

2506 N Clybourn Avenue

Chicago, IL 60614

Property Details

Flooring

WoodVinyl

Construction

Brick

Cooling

Central AirWindow Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 2506 N Clybourn Avenue is listed at $1,475,000. The estimated monthly payment is $7,888 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1900, 0.23 acre lot, 2 stories, Fireplace.

This property is listed by Brian Costello.

BC

Brian Costello

Agent at Hometown Real Estate

Listed by Hometown Real Estate · Broker phone: (773) 625-1121 · Broker website

MLS# 12681126· Source: Midwest Real Estate Data, LLC· 132 days on PropertySimple

Copyright © 2026 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2506 N Clybourn Avenue, Chicago, IL 60614

Open this listing in: