$8,000,000
$9,888,888
19.1%For more information regarding the value of a property, please contact us for a free consultation.
5.37 Acres Lot
SOLD DATE : 08/29/2023
Key Details
Sold Price $8,000,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11284349
Sold Date 08/29/23
Annual Tax Amount $103,051
Tax Year 2020
Lot Size 5.370 Acres
Lot Dimensions 233877
Property Sub-Type Land
Property Description
ACO Commercial is pleased to offer for sale 3000-3052 S. Pitney Court, a generational riverfront land opportunity located in Chicago's Bridgeport neighborhood. The opportunity consists of a 5.24 Acre land site with over 558 feet of water frontage along the South Branch of the Chicago River. Formerly owned by People's Gas and Coke for over 100 years, the site has received an extensive multi-year restoration with new sea wall, re-grading, and subsequent "NFR" letter in 2020. A developer may capitalize on the site's potential with "as-of-right" M2-3 zoning, or explore other options cohesive with neighboring residential and mixed-use sites. Rarely available is such a waterfront parcel, ready to develop within the Bridgeport neighborhood. The Property is being offered on a fee simple basis. An ALTA survey has been recently completed and is available upon request. The site is secured and fenced and may be accessed by appointment.
Location
State IL
County Cook
Area Chi - Bridgeport
Zoning INDUS
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Water to Site
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Bought with Anne Fan • Compass
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