2001 W Howard Street, Chicago, IL

$650,000

Overview

  • 214071
  • Property ID
  • Updated On:
  • April 13, 2026

Description

SIGNIFICANT PRICE REDUCTION, EXTREMELY MOTIVATED SELLERS! 2001-09 W. Howard St is a 13,059 SF commercial property located at the intersection of Howard St. and Damen Ave. in Chicago’s Rogers Park neighborhood. This property is ideally suited for residential and retail redevelopment or can continue its current operations. In May of this year, the 49th Ward of Chicago upzoned the Howard St. corridor to B2-3 to encourage development and growth. The new zoning allows for a Floor Area Ratio (FAR) of 3.0, enabling a potential 39,177 SF mixed-use development by right. The property currently consists of five storefronts, subdivided into three retail units. Current tenants include Super Tasty Sub and The Way Mission Inc., while the third space remains vacant in a vanilla box condition, offering immediate leasing opportunities or repositioning potential. Located along a major east-west corridor, the site benefits from strong vehicle and pedestrian traffic, its proximity to the Howard CTA terminal, and a dense surrounding residential population. The corner lot features over 100 feet of frontage, ensuring excellent visibility and access for both tenants and customers. 2001-09 W. Howard St. presents a rare combination of existing cash flow, lease-up potential, and long-term redevelopment upside, making it a compelling investment opportunity in the heart of Rogers Park.

Climate Control
Air Conditioning
Other Features
Central Individual
Separate Meters

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$3,332.68
per month
  • Principal and Interest
  • Property Tax
  • HOA fee
  • Private Mortgage Insurance
$ 2,520.18

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Information for the property at 2001 W Howard Street, Chicago, IL, 60645 (Property ID: 214071) is deemed reliable but not guaranteed. Property details, pricing, and availability are subject to change without notice. Buyers should independently verify all information before making any real estate decisions.

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Sunita Kakarlapudi