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$ 250,000
Est. payment /mo
Active Under Contract
Address not disclosed Chicago, IL 60623
9,800 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Instut/To Develop
Listing Status Active Under Contract
Purchase Type For Sale
Square Footage 9,800 sqft
Price per Sqft $25
MLS Listing ID 12284355
Year Built 1860
Annual Tax Amount $21,242
Tax Year 2023
Lot Dimensions 126X 50
Property Sub-Type Instut/To Develop
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 Natural Gas Available
Building
Dwelling Type Instut/To Develop
Level or Stories 2
Structure Type Brick,Frame
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Listed by Melissa Stanley • Baird & Warner
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