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$250,000
Est. payment /mo
9,147 Sqft Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12668102
Annual Tax Amount $2,739
Tax Year 2024
Lot Size 9,147 Sqft
Lot Dimensions 75x122x75x122
Property Sub-Type Land
Property Description
An exceptional and rare development opportunity awaits on one of Gage Park's most highly visible and heavily trafficked corridors! This strategically positioned commercial/residential zoned property along South Western Avenue is being sold together with 4926 and 4928 S. Western Avenue - combining for an impressive 75 feet of prime frontage along Western Avenue, offering tremendous scale and development potential in one of Chicago's most active and growing neighborhoods. Some infrastructure improvements are already in place, giving your project a valuable head start, and the owner has blueprints ready to submit for city approval - saving you valuable time and moving your vision closer to reality from day one. Whether you're envisioning a mixed-use development, residential building, retail, or a combination of uses, the commercial/residential zoning opens the door to a wide range of exciting possibilities. The location could not be more advantageous - highly visible along bustling South Western Avenue with strong daily traffic counts, and conveniently situated near the Orange Line CTA station for excellent public transit access and connectivity throughout the city. With significant frontage, flexible zoning, existing infrastructure improvements, and ready-to-submit blueprints, this reasonably priced assemblage represents an outstanding opportunity for developers, investors, and builders looking to make their mark in Gage Park, Chicago. 4936 S. Western Avenue also being sold, seperately.
Location
State IL
County Cook
Area Chi - Gage Park
Interior
Fireplace N
Exterior
Utilities Available None
Building
Dwelling Type Land
Schools
Elementary Schools Nightingale Elementary School
Middle Schools Nightingale Elementary School
High Schools Kelly High School
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Cristian Leiva of Chicago Properties Firm