$ 275,000
Address not disclosed Chicago, IL 60623
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$ 275,000
Est. payment | /mo
9,800 SqFt
$ 275,000
Est. payment | /mo
9,800 SqFt
Key Details
Property Type Commercial
Sub Type Instut/To Develop
Listing Status Active
Purchase Type For Sale
Square Footage 9,800 sqft
Price per Sqft $28
MLS Listing ID 12112935
Year Built 1860
Annual Tax Amount $21,242
Tax Year 2023
Lot Dimensions 126X 50
Property Description
Prime development opportunity with RT4 zoning. Lot is 6300 sq ft building is 9800 sq ft. Approx 40 X 122 per floor. Originally built as a wood working shop, it has recently been used as an artist's work/live space with high ceilings up to 15'. Property is being sold AS IS. The building needs to be completely gut rehabbed,including leveling and pouring new concrete on the first floor, providing new sewer and water to the building from the street, and replacing all the siding and windows. It is structurally sound; has a 400 AMP electrical service and a 10' side driveway. The second floor has two additional studio spaces as well as a living space. 1 block from Cermak Road and the 21 Cermak bus and 3/4ths of a mile to the Pink Line (California / Cermak).
Location
State IL
County Cook
Area Chi - South Lawndale
Zoning OTHER
Interior
Cooling Window Unit(s)
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site
Building
Dwelling Type Instut/To Develop
Level or Stories 2
Structure Type Brick,Wood Frame
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Melissa Stanley • Baird & Warner
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