$1,400,000
$1,550,000
9.7%For more information regarding the value of a property, please contact us for a free consultation.
1.35 Acres Lot
SOLD DATE : 03/31/2023
Key Details
Sold Price $1,400,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11655642
Sold Date 03/31/23
Annual Tax Amount $24,727
Tax Year 2020
Lot Size 1.350 Acres
Lot Dimensions 485X217X517X26
Property Sub-Type Land
Property Description
Rare opportunity for development of 1.38 ac lot. Close proximity to Shure Corporate offices and many corporate developments in the area. Municipal interest in attracting multi-family development to the immediate neighborhood to serve technology park employers and local growing community. Walking distance to public transportation with easy access to City of Chicago mass transit and direct downtown access via mass transportation and highway. Zoned C1-1. Ideal location and high need in the area for multi-family housing but can be used for redevelopment of many uses. Value is in the LAND. Please see zoning ordinance page 46 for complete list of allowed uses
Location
State IL
County Cook
Area Chi - Forest Glen
Interior
Fireplace N
Laundry None
Exterior
Utilities Available Electric to Site, Gas to Site, Water-Municipal, Water to Site
Schools
School District 74 , 74, 219
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Mark Ahmad • Century 21 Circle
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