Embark on a transformative investment journey with this extraordinary 20,930 square foot vacant lot, showcasing coveted C1-2 zoning and an impressive 130ft of frontage on State Street in the vibrant Bronzeville neighborhood of Chicago. Surrounded by a dynamic landscape brimming with hundreds of new residential developments, and with more slated for the immediate area, this prime location epitomizes unparalleled potential. Its strategic proximity to Interstate 90/94, a major thoroughfare spanning the city from north to south, further elevates its allure. The sheer size of this lot heralds immense opportunities, affording investors the flexibility to craft up to four commercial mixed-use buildings or two 8-unit structures, promising a staggering valuation upside ranging from $3.35M to $4.6M. Don't miss the chance to capitalize on the robust growth and prospects of this burgeoning neighborhood, making it an irresistibly enticing proposition for astute developers and investors alike.
We are thrilled to present an unparalleled investment opportunity in Chicago's vibrant South Loop. This expansive 21,300 sq. ft. corner lot, with an impressive 163' frontage on State Street, is situated in the highly sought-after Douglas neighborhood. Just moments from McCormick Place, IIT College, and downtown Chicago, and with immediate access to I-55, I-94, and Lake Shore Drive, the location is prime for development. Although the Douglas area has seen limited residential development, this plot provides a rare chance to introduce luxury yet affordable residential units in close proximity to the Loop. Envision the potential: 60 upscale apartments at $2,000 per month could generate a remarkable $120,000 in monthly revenue. With the average cap rate for the 60616 zip code at 7.68%, this translates to a potential valuation upside of $18,750,000. The strategic location, coupled with the burgeoning development of new housing and commercial units nearby, makes this an irresistible prospect for discerning investors. Seize the opportunity to transform this prime parcel into a lucrative development in one of Chicago's most dynamic neighborhoods.
Unlock an unparalleled investment opportunity in the heart of Chicago's vibrant Douglas neighborhood, a gem nestled within the esteemed South Loop district. This expansive 18,000 square foot lot boasts an impressive 134ft of frontage on State Street and coveted C1-3 zoning, setting the stage for visionary development endeavors. Strategically situated across from a picturesque park adorned with baseball diamonds and offering sweeping views of the White Sox stadium, this prime parcel presents a blank canvas for astute investors seeking substantial returns. With the potential to erect up to four commercial mixed-use buildings, the prospects for valuation growth are simply extraordinary, projecting a potential increase in value to approximately $4.8 million post-development, mirroring the success of the highest sold multi-unit comparable at 3655 S. Indiana. The allure of this location is further accentuated by its strategic proximity to Interstate 90/94, the imminent arrival of Pete's Fresh Market, and the burgeoning wave of new construction residential units slated for the immediate vicinity. This prime land represents a rare convergence of strategic positioning, untapped potential, and robust investment prospects, making it an unmissable gem in Chicago's dynamic real estate landscape.
Discover an extraordinary investment opportunity in the thriving Douglas neighborhood, an esteemed enclave within Chicago's prestigious Douglas neighborhood (near the South Loop), with this prime lot boasting coveted C1-3 zoning and a strategic location near the iconic White Sox stadium. Positioned on bustling State Street and offering scenic views, this property is in close proximity to prestigious colleges and is directly across from a picturesque park. The forthcoming addition of Pete's Fresh Market further enhances the area's allure, making it an ideal destination for discerning investors looking to capitalize on the neighborhood's burgeoning growth trajectory. Recent sales in the area underscore strong demand, with top residential comparables commanding impressive figures, such as $699,000 for residences and $409,000 for condos within a 1-mile radius. With its exceptional potential for a 3 or 4-unit development featuring versatile commercial space on the ground level and elegant residential units above, this lot presents a compelling and lucrative opportunity for visionary developers. Don't miss your chance to be part of this vibrant and evolving neighborhood!
Seize a premier investment opportunity in the heart of Chicago's historic and dynamic Bronzeville neighborhood. This expansive 4,186 sq. ft. lot, enveloped by a surge of new construction, offers prime zoning for a commercial unit with the potential to develop either three or four residential units above. While the commercial space presents a sophisticated exit strategy, the potential returns are undeniably substantial. Within a mile radius, new construction 3-unit properties are commanding prices over $1M, with condos reaching up to $500k. Investors can capitalize on developing a 3-unit or 4-unit building, featuring ground-level commercial space and upscale residential units above, projecting an impressive after-repair value of approximately $1M. Bronzeville, celebrated for its rich cultural heritage and vibrant community, is undergoing significant revitalization, making this lot a prime target for discerning investors. This is a rare chance to secure a high-value asset in one of Chicago's most promising and rapidly growing neighborhoods. Don't miss out on transforming this prime parcel into a lucrative development.
Currently rented for $220 through September 2024. Indoor, secured, fob access building. Residency is not required in the building for the tenant or owner of the spot.
Seller is divesting multiple properties Chicago and suburbs. Tax records mistakenly have this vacant lot on Central Park Ave. In fact this 75 X 104' lot Zoned C 1-2 is on the South East corner of Cermak and Millard. Great street and enormous Commercial potential. Drive by and submit offers for attorney review.
30X125 FOOT LOT IN A PRIME LOCATION! NEAR JACKSON PARK, THE EXPANDING UNIVERSITY OF CHICAGO, CHICAGO SKYWAY, RAINBOW BEACH AND PROPOSED OBAMA LIBRARY. NEWER CONSTRUCTION ALL AROUND. ZONED RS-3.
25x125 Foot Lot In a Prime location! Near Jackson park, The expanding University of Chicago, Chicago skyway, Rainbow beach and proposed Obama library. Newer construction all around. Zones RS-3.
CLOSE PARKING TO ELEVATOR ON PRIVATE LEVEL OF SECURED COVERED GARAGE. INSIDE GREAT LOCATION, CLOSE TO CITY SHOPPING, RESTAURANTS AND LOOP! INVESTORS WELCOME... DO NOT HAVE TO OWN A CONDO TO RENT!
DEEDED PARKING SPACE IN NEWER RIVER NORTH CONDO BUILDING. HEATED GARAGE SPACE #125. OWNER DOES NOT HAVE TO LIVE IN THE BUILDING. PARKING CAN BE LEASED TO A NON-RESIDENT.
A CAPACITY TO PERFORM FOR A BRAND-NEW HOME IS THIS LOT NOTCHED IN A NEIGHBORHOOD FORMERY KNOWN AS AINSWORTH. IT IS 1 OF 77 COMMUNITIES IN CHICAGO, AROUND 3 SQUARE MILES WITH A POPULATION OF OVER 27,000 RESIDENTS. THE MEDIAN HOUSEHOLD INCOME IS AROUND $28K. THIS LOT IS 10 MILES SOUTH OF DOWNTOWN AND LOCATED IN 1 OF 16 LAKEFRONT NEIGHBORHOODS AND NEAR THE SOUTHERN RIM OF LAKE MICHIGAN AND THE FAMOUS CHICAGO-SKYWAY. THE SOUTH-CHICAGO NEIGHBORHOOD IS AFFECTIONATELY KNOWN AS THE SOUTHEAST SIDE GATEWAY TO THE CALUMET REGION AND THE NAME OF THE RIVER FLOWING FROM LAKE MICHIGAN TO THE MISSISSIPPI RIVER ENJOYED BY FISHERMEN-BOATERS . ORIGINS GO BACK TO THE POTTAWATOMIE PEOPLE. POST CIVIL WAR ERA BROUGHT GREAT INDUSTRIAL INNOVATION. IT HAS A BUSTLING DIVERSE IMMIGRANT HISTORY. PRESENT DAY MUCH OF THE BUSINESS AND SHOPPING IS DONE ALONG NEARBY COMMERCIAL AVENUE. BESSEMER PARK IS NEAR BY NAMED AFTER THE INVENTOR OF IRON ORE REFINING REVOLUTIONIZING STEEL PRODUCTION. THE BURNHAM-GREENWAY TRAIL IS ALSO NEARBY. THE VERY POPULAR RAINBOW BEACH LAKEFRONT PARK IS JUST 9 BLOCKS EAST VIA BRANDON AVENUE STROLLING A FEW BLOCKS NORTH. SO NOW IMAGINE YOU CAN BUILD A STATELY ELEGANT HOME ON A BARGAIN PRICED LOT CONVENIENT TO OUR OCEAN CALLED THE LAKE MICHIGAN LAKEFRONT!
90X120 lot in the fast coming up South Lawndale neighborhood. Zoned RS-3 accomodating multiple building option for Homes, Town homes, Multi unit. Ideally located 5 mnts from 290,15 mnts away from Riverside Mall/Busy Cermak shopping corridor, 10 mnts drive to Douglass Park or Garfield park and 15 mnt drive to Pilsen or China towns vibrant neighborhood.
This is the opportunity you have been waiting for! There are 24 residential lots available in the well-maintained, gated Enclave at Galewood Crossing community. Permits allow for the construction of single-family homes with 3-6 bedrooms, 2.5-3.5 bathrooms, basements, and 2-car garages. The exterior of each home must conform to one of three existing designs. HOA fees are low at $262.38 per month, covering landscaping, snow removal, scavenger services, water, common area lighting, insurance, and maintenance. The community also features a playground and a dog park. Properties must be owner-occupied or sold. (Prefer lots be sold as package but open to induvial sales)
This is the opportunity you have been waiting for! There are 24 residential lots available in the well-maintained, gated Enclave at Galewood Crossing community. Permits allow for the construction of single-family homes with 3-6 bedrooms, 2.5-3.5 bathrooms, basements, and 2-car garages. The exterior of each home must conform to one of three existing designs. HOA fees are low at $262.38 per month, covering landscaping, snow removal, scavenger services, water, common area lighting, insurance, and maintenance. The community also features a playground and a dog park. Properties must be owner-occupied or sold. (Prefer lots be sold as package but open to induvial sales)
This is the opportunity you have been waiting for! There are 24 residential lots available in the well-maintained, gated Enclave at Galewood Crossing community. Permits allow for the construction of single-family homes with 3-6 bedrooms, 2.5-3.5 bathrooms, basements, and 2-car garages. The exterior of each home must conform to one of three existing designs. HOA fees are low at $262.38 per month, covering landscaping, snow removal, scavenger services, water, common area lighting, insurance, and maintenance. The community also features a playground and a dog park. Properties must be owner-occupied or sold. (Prefer lots be sold as package but open to induvial sales)
This is the opportunity you have been waiting for! There are 24 residential lots available in the well-maintained, gated Enclave at Galewood Crossing community. Permits allow for the construction of single-family homes with 3-6 bedrooms, 2.5-3.5 bathrooms, basements, and 2-car garages. The exterior of each home must conform to one of three existing designs. HOA fees are low at $262.38 per month, covering landscaping, snow removal, scavenger services, water, common area lighting, insurance, and maintenance. The community also features a playground and a dog park. Properties must be owner-occupied or sold. (Prefer lots be sold as package but open to induvial sales)
This is the opportunity you have been waiting for! There are 24 residential lots available in the well-maintained, gated Enclave at Galewood Crossing community. Permits allow for the construction of single-family homes with 3-6 bedrooms, 2.5-3.5 bathrooms, basements, and 2-car garages. The exterior of each home must conform to one of three existing designs. HOA fees are low at $262.38 per month, covering landscaping, snow removal, scavenger services, water, common area lighting, insurance, and maintenance. The community also features a playground and a dog park. Properties must be owner-occupied or sold. (Prefer lots be sold as package but open to induvial sales)
This is the opportunity you have been waiting for! There are 24 residential lots available in the well-maintained, gated Enclave at Galewood Crossing community. Permits allow for the construction of single-family homes with 3-6 bedrooms, 2.5-3.5 bathrooms, basements, and 2-car garages. The exterior of each home must conform to one of three existing designs. HOA fees are low at $262.38 per month, covering landscaping, snow removal, scavenger services, water, common area lighting, insurance, and maintenance. The community also features a playground and a dog park. Properties must be owner-occupied or sold. (Prefer lots be sold as package but open to induvial sales)
This is the opportunity you have been waiting for! There are 24 residential lots available in the well-maintained, gated Enclave at Galewood Crossing community. Permits allow for the construction of single-family homes with 3-6 bedrooms, 2.5-3.5 bathrooms, basements, and 2-car garages. The exterior of each home must conform to one of three existing designs. HOA fees are low at $262.38 per month, covering landscaping, snow removal, scavenger services, water, common area lighting, insurance, and maintenance. The community also features a playground and a dog park. Properties must be owner-occupied or sold. (Prefer lots be sold as package but open to induvial sales)
This is the opportunity you have been waiting for! There are 24 residential lots available in the well-maintained, gated Enclave at Galewood Crossing community. Permits allow for the construction of single-family homes with 3-6 bedrooms, 2.5-3.5 bathrooms, basements, and 2-car garages. The exterior of each home must conform to one of three existing designs. HOA fees are low at $262.38 per month, covering landscaping, snow removal, scavenger services, water, common area lighting, insurance, and maintenance. The community also features a playground and a dog park. Properties must be owner-occupied or sold. (Prefer lots be sold as package but open to induvial sales)
This is the opportunity you have been waiting for! There are 24 residential lots available in the well-maintained, gated Enclave at Galewood Crossing community. Permits allow for the construction of single-family homes with 3-6 bedrooms, 2.5-3.5 bathrooms, basements, and 2-car garages. The exterior of each home must conform to one of three existing designs. HOA fees are low at $262.38 per month, covering landscaping, snow removal, scavenger services, water, common area lighting, insurance, and maintenance. The community also features a playground and a dog park. Properties must be owner-occupied or sold. (Prefer lots be sold as package but open to induvial sales)
This is the opportunity you have been waiting for! There are 24 residential lots available in the well-maintained, gated Enclave at Galewood Crossing community. Permits allow for the construction of single-family homes with 3-6 bedrooms, 2.5-3.5 bathrooms, basements, and 2-car garages. The exterior of each home must conform to one of three existing designs. HOA fees are low at $262.38 per month, covering landscaping, snow removal, scavenger services, water, common area lighting, insurance, and maintenance. The community also features a playground and a dog park. Properties must be owner-occupied or sold. (Prefer lots be sold as package but open to induvial sales)
This is the opportunity you have been waiting for! There are 24 residential lots available in the well-maintained, gated Enclave at Galewood Crossing community. Permits allow for the construction of single-family homes with 3-6 bedrooms, 2.5-3.5 bathrooms, basements, and 2-car garages. The exterior of each home must conform to one of three existing designs. HOA fees are low at $262.38 per month, covering landscaping, snow removal, scavenger services, water, common area lighting, insurance, and maintenance. The community also features a playground and a dog park. Properties must be owner-occupied or sold. (Prefer lots be sold as package but open to induvial sales)
This is the opportunity you have been waiting for! There are 24 residential lots available in the well-maintained, gated Enclave at Galewood Crossing community. Permits allow for the construction of single-family homes with 3-6 bedrooms, 2.5-3.5 bathrooms, basements, and 2-car garages. The exterior of each home must conform to one of three existing designs. HOA fees are low at $262.38 per month, covering landscaping, snow removal, scavenger services, water, common area lighting, insurance, and maintenance. The community also features a playground and a dog park. Properties must be owner-occupied or sold. (Prefer lots be sold as package but open to induvial sales)
Chicago is located in Illinois. Chicago, Illinois has a population of 2,742,119. Chicago is less family-centric than the surrounding county with 27.11% of the households containing married families with children. The county average for households married with children is 29.73%.
The median household income in Chicago, Illinois is $65,781. The median household income for the surrounding county is $72,121 compared to the national median of $69,021. The median age of people living in Chicago is 35.1 years.
The average high temperature in July is 83.9 degrees, with an average low temperature in January of 19.2 degrees. The average rainfall is approximately 38.2 inches per year, with 35.1 inches of snow per year.