Address not disclosed, Chicago, IL 60623 – 12112935

REQUEST A TOUR

In-PersonVirtual Tour

Michael Bempah

The Bempah Group

mike@thebempahgroup.com +1(630) 206-9116

$ 275,000

Est. payment | -/mo

9,800 SqFt

Save

$ 275,000

Est. payment | -/mo

Save

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

Listed by Melissa Stanley • Baird & Warner

GET MORE INFORMATION

Michael Bempah

Broker | License ID: 475.175881

mike@thebempahgroup.com

+1(630) 206-9116

50 S Main St, Naperville, IL, 60540, USA