Excellent development opportunity in HOT Washington Park neighborhood! It's all here: convenient public transportation with easy access to 90/94, University of Chicago Greenline Performing Arts Center, Artist Residences apartment complex, Park Supper Club, XS Tennis, and more! Washington Park has recently been rediscovered. This is a great opportunity to build in an up-and-coming flourishing community!!
Washington Park is happening now! Loads of new construction, easy access to transportation: Redline, Greenline, 90/94, LSD and CTA buses. Next to Bronzeville and near Woodlawn! You are not the first in...Bring your ideas, blueprints and offer today!
GREAT INVESTMENT OPPORTUNITY-BEAUTIFUL LOT WAITING FOR YOUR DEVELOPMENT IN THIS RAPID GROWING NEIGHBORHOOD. CLOSE TO OBAMA PROPOSED PRESIDENTIAL LIBRARY. PROPERTY IS CLOSE TO PUBLIC TRANSPORTATION AND PUBLIC PARKS.
GREAT INVESTMENT OPPORTUNITY-BEAUTIFUL LOT WAITING FOR YOUR DEVELOPMENT IN THIS RAPID GROWING NEIGHBORHOOD. LOT IS CLOSE TO OBAMA PROPOSED PRESIDENTIAL LIBRARY. PROPERTY IS CLOSE TO PUBLIC TRANSPORTATION AND PUBLIC PARKS.
This 50x125 oversized lot in Woodlawn boasts an RM5 zoning and an ideal location surrounded by new construction. Situated close to transportation, parks, and development, this property presents a superb opportunity. Don't miss out on the chance to capitalize on its potential!
This 30 x 121 development site in Woodlawn offers an excellent opportunity to capitalize on the new construction happening all around. Don't miss out on this chance to invest - you'll be glad you took it!
Multi-million-dollar investment opportunity for a savvy and capable developer looking to break ground in Chicagoland's smoking hot Woodlawn neighborhood! Located less than a mile away from the Obama Presidential Center, this sizable lot is prime for development! Totaling .29 acres or 12,687 square feet! Zoned B3-3 allowing for both residential and commercial development (Residential apartments are permitted above the ground floor)! This lot has enough square footage to build 8-12 residential rental or condo units on top of the first level commercial space. Residential rental units are valued at approximately $90,000 per unit and condos with at least 2-bathrooms are selling for $250,000+ within a half mile radius of the subject property! With the right development strategy and the continuing upward trends in this neighborhood, there is a $4M - $5M valuation to be achieved! As a result of this lot being zoned B3-3, a retail building should be developed and residential apartments or condo units should be built on top of the commercial structure to achieve maximum upside). A laundromat/cleaners combo would be an excellent proposed use of the commercial space as mid-sized laundromats have the potential to net $10,000 - $25,000 in monthly profit! Proximity to the University of Chicago, public transportation, and the LakeFront! ***Fun facts, Chicago broke ground on the Obama Presidential Center on 9.28.21 and a similar larger lot just a few blocks away located at 1318 E 67th St, Chicago, IL 60637 sold 9.19.22 for $975,000, (MLS#11292420)*** Please act swiftly as this opportunity will not last long!
Attention investors! Great Investment opportunity! Fantastic double vacant lot, zoned RT-4. Hot Area With Tons of new construction. VACANT LAND READY TO BUILD ON. Highly desirable Woodlawn /Hyde Park Area; Close by are the University of Chicago, University of Chicago Medical Center, Jackson Park, the soon to be redesigned South Shore Golf Course, and everything Hyde Park has to offer. University of Chicago Grant Area for UC employees. New construction right across the street.(future site of the Obama Library), LSD, Lake Michigan, CTA & much m
Approximately 22,00sf lot located on the SWC of 63rd Rhodes. Lot dimensions are (200'x 110'). There is 200ft of frontage on 63rd St. Ideal for new medical, retail or office development. The site is minutes from the University of Chicago. New development in the area makes the site attractive. Site is for sale. Owner will consider ground lease or build to suit as well. Adjacent (60'x110) city owned also obtainable.
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