1355 W 16th Street Save Request In-Person Tour Request Virtual Tour
Chicago,IL 60608
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID 12372696
Annual Tax Amount $7,191
Tax Year 2023
Lot Dimensions 25X110
Property Sub-Type Land
Property Description
Unlock immediate development potential in the highly sought-after Pilsen neighborhood! This exceptional 110' x 25' lot boasts a prime location with unparalleled access to Pilsen's vibrant attractions, including convenient transportation, diverse dining, thriving art galleries, and rich culture. Already up-zoned to RM 4.5, this shovel-ready site comes with approved designs and permits for a lucrative 3-unit apartment/condo building, recently appraised at $1.2 million. Imagine breaking ground immediately and capitalizing on this prime Chicago location. Even better, explore the opportunity to develop 4 units, maximizing your investment potentially. Seller financing is available to further facilitate your success, making this an unmissable chance to establish a significant residential presence in one of Chicago's most dynamic communities. Don't miss out on this rare Pilsen development gem!
Location
State IL
County Cook
Interior
Fireplace N
Exterior
Utilities Available Electricity Available,Natural Gas Available,Water Available
View Y/N true
Building
Sewer Storm Sewer
Schools
School District 299,299,299
Others
Ownership Fee Simple
Special Listing Condition None