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sales rep | Brivity IDX

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6760 N Northwest Hwy , Chicago, IL 60631
$3,250,000
Est. Payment: $17,437.78/mo
0.96 Acres
Status: active | Days on site: 7
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84025 - 120856
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House Description

Shovel-ready mixed-use development opportunity in the heart of Edison Park, located approximately 1/2 block from the Edison Park Metra Station. The property offers immediate Metra access, strong Northwest Highway visibility, and convenient proximity to Park Ridge, Rosemont, O'Hare International Airport, Norwood Park, neighborhood restaurants, retail, and services. This is a rare opportunity to acquire a substantially de-risked development site in an established, high-demand Northwest Side neighborhood. The overall development site totals approximately 42,050 SF / 0.96 acre and is approved for two separate 41-unit mixed-use buildings with ground-floor commercial space and parking. This offering consists solely of the northern parcel at 6754-6764 N. Northwest Hwy, totaling approximately 21,025 SF / 0.48 acre. The parcel has B3-5 zoning with Type 1 approval for a four-story mixed-use building containing 41 residential units, approximately 39,460 rentable residential SF, approximately 3,920 SF of ground-floor commercial space, and 41 parking spaces consisting of 25 indoor and 16 outdoor spaces. The approved unit mix includes 16 one-bedroom units, 15 two-bedroom units, and 10 three-bedroom units, with an average residential unit size of approximately 962 rentable SF. The approved project also includes 8 affordable units. The affordable component may support eligibility for Cook County's Affordable Housing Special Assessment Program (AHSAP), subject to purchaser review, qualification, application, ongoing compliance, and confirmation with the applicable governmental agencies. Alternatively, the purchaser may elect the ARO in-lieu option instead of providing the affordable units, offering additional flexibility in structuring the project. Seller has completed the entitlements, architectural, civil, survey, environmental, geotechnical, and permitting work. Existing improvements have been removed, and the property is vacant land. Seller advises that the remaining permit-completion items are primarily related to GC and subcontractor information and intends to deliver the property shovel-ready by closing. Each prospective purchaser must independently verify all project information, perform its own due diligence, underwrite and prepare its own financial models. Detailed due-diligence materials, including project-specific entitlement, permit, architectural, civil, survey, environmental, geotechnical information, are available to qualified purchasers following execution of an NDA. Ownership is open to multiple transaction structures for the northern 41-unit phase, including a shovel-ready sale, joint venture, or sale of the completed and stabilized project. The adjacent southern development parcel will be retained by the seller for future development of the second 41-unit building.

Highlights

Listed by Valdir Barion , 312-446-5000 @properties Christie's International Real Estate , 773-432-0200. Midwest Real Estate Data mls logo

Property Type

Vacant Land

Lot/Acreage
0.96

County

Cook

Area

CHI - Edison Park

School District

299

Listing ID

12730792

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Interior Features

Water:Municipal Water

Exterior Features

Lot Dimensions:290 x 145
Garage Capacity:0
Zoning:MULTI
Principal Interest
$17,438
Taxes
$4,222

Home Price

$3,250,000

Loan Details

30 yrs
7.08%

Down Payment

20%
$650,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$17,437.78

Principal

Taxes

Principal Taxes HOA Total
Monthly $17,437.78 $4,221.58 $0.00 $21,659.37
Yearly $209,253.38 $50,659.00 $0.00 $259,912.38
Total $6,277,601.43 $1,519,770.00 $0.00 $7,797,371.43
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Market insight data is pulled from the same city as the listing being viewed (Chicago, IL).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information submitted to the MRED as of the date listed below. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time.

Based on information submitted to the MLS GRID as of the date listed below. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers' personal non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID, and that the use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant's applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability. Some listings have been excluded from this website.

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Data last updated: 2026-10-27T02:55:04.000Z

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