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$1,191,300
Est. payment /mo
8 Beds
4 Baths
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12538127
Bedrooms 8
Year Built 1892
Annual Tax Amount $15,352
Tax Year 2024
Lot Dimensions 120X125
Property Sub-Type Two to Four Units
Property Description
HEART OF CHICAGO | PILSEN/LITTLE VILLAGE INDUSTRIAL ASSEMBLY. Rare opportunity to acquire a contiguous 15,000 SF footprint in one of Chicago's most culturally rich and logistically critical corridors. This 3-parcel package represents the final residential pocket on an established industrial block, perfectly positioned at the intersection of the Pilsen and Little Village communities. UNMATCHED ZONING & DENSITY: Zoned M2-3 (Light Industry District), the site offers a massive 3.0 Floor Area Ratio (FAR), allowing for up to 45,000 SF of total building density. The flexible M2 designation is a "workhorse" zoning that permits moderate-impact manufacturing, warehousing, contractor yards, and work-related activities occurring outside of enclosed buildings. LOGISTICAL HUB: Strategically located for "last-mile" operations, this site offers immediate, heavy-truck-route access to I-55 (Stevenson) and I-90/94 (Dan Ryan) expressways. Whether you are looking for fleet parking, equipment storage, or a new industrial flex-space build-out, this location keeps your business minutes from the Illinois Medical District and the Loop. THE INVESTMENT: Includes PINs 16-24-428-006, 007, and 025. Currently improved with a 2-flat, a single-family home, and a vacant lot, providing immediate holding income or a clean slate for development. Properties are being sold exclusively as a single package assembly. Secure your footprint in the Heart of Chicago today.**DRIVE BY ONLY***
Location
State IL
County Cook
Area Chi - Lower West Side
Zoning INDUS
Rooms
Basement None
Interior
Heating Steam
Fireplace N
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Ricardo Miranda of Jameson Sotheby's Intl Realty