$250,000
( $25.51Per Sq Foot )
 $1,342 est/mo Sourced by Back At You

MLS Number: 12284355

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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).

Details

MLS#12284355
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusActive Under Contract
Year1860
Days On Site77
Listing Provided ByBaird & Warner | Melissa Stanley

Features

SQ Feet9,800
Story(s)2
ZoningOTHER

Market Activity 60623

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Listings Checked: 3 minutes ago
StateIL
CountyCook
CityChicago
Zip Code60623
AreaCHI South Lawndale
Listing VS Median (In 60623)
Price:
$250,000
low | high
Med:
$140,000
94% of Average
SqFt:
9,800
low | high
Med:
924
100% of Average
$ / SqFt:
$26
low | high
Med:
$152
100% of Average
On site:
77
low | high
Med:
245.000000
31.428571428571% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $0 - $0
SqFt: 7,000 - 12,000
Listing Updated: February 9, 2025 at 11:03:03 AM PST