1057 N Wolcott Ave, Chicago, IL 60622

Rare and unique opportunity in the heart of Chicago's Ukrainian Village neighborhood, to own and develop the iconic Happy Village establishment. The opportunity consists of a 50x125 double lot, with commercial across the bottom floor. The second floor consists of a large three bedroom one bath apartment, prime for a creative remodel. This double lot is currently one parcel and landmarked on only the north and west side, allowing for creative improvements. Many potential investment strategies to consider. Zoned C1-2, new construction is possible on the 1057 side, with massive cash flow potential, if kept as residential rentals or AirBnB. Alternatively, consider adding a second commercial space at ground level. An exciting opportunity to be part of a venture that is sure to make its mark on the identity of one of Chicago's most celebrated communities.