Chicago, IL 60623

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Presented By: Baird & Warner
  • MLS# 12284355
  • 02/05/2025
  • Request Tour
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  • SQFT • 9,800

Home Details

Prime development opportunity with RT4 zoning. Lot is 6300 sq ft building is 9800 sq ft. Approx 40 X 122 per floor. Originally built as a wood working shop, it has recently been used as an artist's work/live space with high ceilings up to 15'. Property is being sold AS IS. The building needs to be completely gut rehabbed,including leveling and pouring new concrete on the first floor, providing new sewer and water to the building from the street, and replacing all the siding and windows. It is structurally sound; has a 400 AMP electrical service and a 10' side driveway. The second floor has two additional studio spaces as well as a living space. 1 block from Cermak Road and the 21 Cermak bus and 3/4ths of a mile to the Pink Line (California / Cermak).
Presented By: Baird & Warner

General for

Additional Parcels Y/NNo
CityChicago
Construction MaterialsBrick, Frame
ContingencyAttorney/Inspection
CoolingWindow Unit(s)
CountyCook
DirectionsCermak to Troy. South to property
ElectricCircuit Breakers, Service - 201 to 600 Amps
Lot Size Square Feet6300
MLS AreaCHI - South Lawndale
Net Operating Income
Operating Expense3900
Possible UseDevelopment
Property TypeCommercial Sale
Property TypeInstut/To Develop
Standard StatusActive Under Contract
StatusContingent
Stories2
Tax Annual Amount21242
Tax Year2023
Tenant PaysElectricity, Heat, Taxes
UtilitiesNatural Gas Available
Year Built1860
ZoningOTHER

Exterior for

Building Area Total9800
Frontage TypeCity Street
Lot Dimensions126X 50

Additional Details

Price History

Client Care

Price $250,000
MLS#12284355
List Date 02/05/2025
Property Type Contingent
Phone 847.485.2500
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