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    1416 W Grand Avenue

    Chicago, IL 60642
    • $550,000
    • STATUS: Active Under Contract
    • ON SITE: 285 days
    • MLS #: 10951752
    Under Contract
    UPDATED: 36 min ago
    $550,000
    • 5
      BEDS
    • N/A
      ACRES
    • 2
      BATHS
    • 1
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1880
    County:

    School Ratings & Info

    School District:
    299

    Description

    Amazing redevelopment opportunity on a full size 25 x 125 lot in West Town. Excellent location with great city views and just steps to the West Loop, Expressway, and Downtown. Current zoning is RS3 and any zoning change would need to happen after closing. There is precedent for a zoning change with a lot of recent development on the same block. Property is currently habitable which could provide immediate cash flow. As-Is Sale.

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    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-23T07:59:29.91 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

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    1416 W Grand Avenue Chicago, IL 60642

    • Price: $550,000
    • Status: Active Under Contract
    • Updated: 36 min ago
    • MLS #: 10951752
    5
    Beds
    2
    Baths
    1
    ½ Baths
    N/A
    Acres
    1880
    Built
    Neighborhood:
    Chi - West Town
    County:
    Cook
    Area:
    Chi - West Town
    School District:
    299
    Property Description
    Amazing redevelopment opportunity on a full size 25 x 125 lot in West Town. Excellent location with great city views and just steps to the West Loop, Expressway, and Downtown. Current zoning is RS3 and any zoning change would need to happen after closing. There is precedent for a zoning change with a lot of recent development on the same block. Property is currently habitable which could provide immediate cash flow. As-Is Sale.
    Exterior Features

    Exterior Building Type Aluminum Siding Garage Onsite Yes Garage Ownersite Owned Garage Type Detached Lot Size Standard Chicago Lot Multi Family Type 2 Flat Parking Garage Waterfront YN No

    Interior Features

    Basement Partially Finished Basement Details Partial Bedrooms Below Grade 0 Bedrooms Total 5 Full Baths In Building 2 Half Baths In Building 1 Heating Natural Gas Rooms Total 13

    Property Features

    Age 100+ Years Built Before1978 YN Yes Contingency Attorney/Inspection Continue To Show Yes Corporate Limits Chicago General Information None Gross Income 0 Net Operating Income 0 New Construction YN No Ownership Fee Simple Rebuilt YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 444.2 Tax Year 2019 Total Numberof Unitsin Building 3 Total Rental Income 0 Township West Chicago Type Two To Four Units Water Source Lake MichiganPublic

    Listing information © 2021 Midwest Real Estate Data LLC.
    Listing provided courtesy of @Properties.


    © 2021 Midwest Real Estate Data LLC. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by MTP, MRED or The Wexler Group | Keller Williams Preferred Realty. Based on information submitted to the MRED as of 2021-09-23T07:59:29.91 UTC. All data is obtained from various sources and has not been, and will not be, verified by broker or MRED. MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some properties which appear for sale on this website may subsequently have sold and may no longer be available. NOTICE: Many homes contain recording devices, and buyers should be aware they may be recorded during a showing.

    Digital Millennium Copyright Act
     
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