Great Development Opportunity
$2,100,000
509 W Elm Street, Chicgo, IL 60622
For Sale
Multifamily
Active
Last Updated: 11/03/2022
11,414 sqft
Building Size
0.26 acres
Lot Area
Details:
Building Size: 11,414 sqft
Lot Area: 0.26 acres
Lease Type: Other
Highlights:
- Redevelopment opportunity
- Value is in the land
- Part of Planned Development 1006
Description:
Great Development Opportunity! Value is in the land. Currently, there is a church building on the parcel, but highest and best use is to replace it with a more modern residential development structure. Neighborhood has been highly improved, with new development across the street and in the immediate surrounding area. Property is located across the street from the most sought after CPS Jenner Academy of the Arts. Zoning is PD1006 Residential Commercial Planned Development No. 1006, Subarea B. Mailing address for the church building is 509 W. Elm Street. Prospective buyers do your due diligence
Documents:
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Approximate plat of survey | ||
Planned Development 1006 |
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