Pending
2729 W Lawrence Avenue
Chicago IL, 60625
$1,475,000
Pending
Land
Courtesy of @properties Christie's International Real Estate
Developer's dream! TOD qualified - 4 contiguous lots available for development in prime Lincoln Square location! 12,500 sq ft with B1-2 zoning! 6 min walk to Rockwell Brown line, 10 minute walk to Western brown line and downtown Lincoln Square, 10 min bus ride to Ravenswood Metra stop, 5 min walk to North Branch River trail with biking/jogging for miles and parks, trees and playgrounds abound! Ability to build 12 units with current zoning or up-zone for ability to build 31 units or more depending on percentage of affordable units! Lots of precedence for up-zoning in the area. Alderman has had plenty of experience with developers! Taxes just got reduced by $5,000 / year via a successful appeal and locked in for 10 years! 2020 total taxes were $40,699.46 and newly appealed taxes are apprx $35,000. PIN numbers 13-13-200-012, 13-13-200-013 (double lot) & 13-13-200-014. Current use is a single story mini mall with two restaurants that is 50% occupied. Building expenses are only taxes and insurance. Tenants pay all building utilities including water.
11673882
MLSⓇ ID
November 16, 2022
Listed
October 2, 2024
Updated
Map
2729 W Lawrence Avenue
Chicago IL, 60625
Exterior/Building Features
School Information
School District
299
Other Property Details
Area Name
CHI - Lincoln Square
Taxes
$30,273
Tax Frequency
Annually
Days on Market
395
Garage
No
Parking Total
0
View
No
County
Cook
Municipality
Jefferson
Pool
No
Zoning
OTHER
Listing History
Date | Event | Price |
|---|---|---|
3/27/2024 | Pending | — |
12/14/2023 | Under contract | — |
Courtesy of @properties Christie's International Real Estate, Nicole Hurt,
Listing Contact: 773-432-0200
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Data last updated 4:20 AM UTC, 10/2/2024
