
Property Attributes
- MLS#11317151
- TypeLand
- CountyCOOK
- CityChicago
- AreaCHI - Irving Park
- NeighborhoodOld Irving Park
- Zip60641
- StyleCommercial
- Taxes$ 41714
- Price$ 1,644,998
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size0.46 Acres
Data Source:
Midwest Real Estate Data (MRED)
Property Description
Big $$$ in area and lot's of development and here's a rare opportunity on Milwaukee Ave in HOT Old Irving Park that won't last long. Square shaped 19,750 sq. ft lot that (easements on both sides) is a once in a generation land buying opportunity. Walking distance to multiple metra/CTA trains, buses, restaurants and more. Accessibility to downtown and O'Hare airport. ***B1-3 Zoning (type 1) was attained and still shows on City Zoning map (verify yourself) in 2017-18 to build 24 (2) Bedroom 2 bath condos with Retail on the bottom. The Brick building that currently stands on the ground is commercially leased under previous zoning of M1-1 with with Good tenants w/flexibility. 9-10k in rents. Could get more $$ if entire space was rented/utilized. Next to NEW Single Family home Development Basecamp and across the street from Schurz Brand new field open to the neighborhood. Steps to Bus stop(s) Milwaukee and Addison and walking to distance to (2) Metra stations serving Union and Olgivie and the blue line with access to both downtown and O'Hare airport. Walk to Six Corners and Old Irving Park. Great access to 90/94 The land has all sorts of potential uses. Condos? Apartments? Mixed use? Retail? Commercial? Townhomes? Single Family Homes? Shape the future of Old Irving Park and buy this property!!!
Price History | |
---|---|
2/3/2022 | Listed $1,650,000 |
3/18/2022 | 1% - $1,649,999 |
4/8/2022 | 1% - $1,649,000 |
4/18/2022 | 1% - $1,648,999 |
6/2/2022 | 1% - $1,645,000 |
7/12/2022 | 1% - $1,644,999 |
7/20/2022 | 1% - $1,644,998 |
General Features
City | Chicago |
---|---|
County | Cook |
Current Use | Commercial |
Days on Market | 173 |
Directions | 3652-66 N. Milwaukee Ave and Waveland. Directly across from Schurz Field. |
Elementary School District | 299 |
High School District | 299 |
MLS Area | CHI - Irving Park |
Middle/Junior School District | 299 |
Ownership | Fee Simple |
Possession | Negotiable |
Possible Use | Condominium, Residential, Retail |
Property Type | Land |
Property Type | Land |
Standard Status | Active |
Status | Active |
Street Name | Milwaukee |
Tax Annual Amount | 41714.33 |
Tax Year | 2020 |
Township | Jefferson |
Utilities | Electric to Site, Gas to Site, Water-Municipal, Water to Site |
Waterfront Y/N | No |
Zoning | OTHER |
Interior Features
Basement | None |
---|---|
Laundry Features | None |
Street Suffix | Avenue |
Exterior Features
Frontage Length | 158 |
---|---|
Frontage Type | City Street |
Lot Dimensions | 158 X 125 |
Lot Size Acres | 0.46 |
Road Surface Type | Asphalt |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool