$100,000
$110,000
9.1%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 02/12/2024
Key Details
Sold Price $100,000
Property Type Vacant Land
Sub Type Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 11955290
Sold Date 02/12/24
Annual Tax Amount $4,221
Tax Year 2021
Lot Dimensions 25 X 125
Property Sub-Type Land
Property Description
MoHall Commercial proudly offers a unique investment opportunity with two contiguous lots at 5532 & 5534 S Michigan Ave. Totaling 8,050 square feet, these parcels sit in the heart of Washington Park, an area renowned for its dynamic growth and community spirit. These lots, zoned RT-4, provide unparalleled flexibility, setting the stage for a range of exciting development possibilities. Envision constructing elegant two-flats, captivating townhouses, sleek low-density apartment complexes, or stunning single-family residences. Here, your architectural aspirations can take flight, creating structures that blend seamlessly with the neighborhood's vibrant character. Washington Park has a demand for diverse, quality housing. Seize this chance to be at the forefront of its transformation. Your development project here won't just be a profitable venture; it will be a cornerstone in the ongoing revitalization of this spirited Chicago community.
Location
State IL
County Cook
Area Chi - Washington Park
Zoning MULTI
Interior
Fireplace N
Exterior
Utilities Available Electric to Site, Gas to Site, Septic-Mechanical, Water-Municipal
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Bought with Sean Jones • eXp Realty, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "