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$ 449,900
Est. payment | /mo
7 Beds
3 Baths
$ 449,900
Est. payment | /mo
7 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12216168
Bedrooms 7
Year Built 1898
Annual Tax Amount $10,382
Tax Year 2023
Lot Dimensions 25X125
Property Description
Exceptional Investment Opportunity in Rapidly Growing Avondale Located in the heart of Avondale, this B3-1 zoned property is the perfect canvas for your next development project. Situated on busy California Avenue, this teardown offers unmatched potential to create a mixed-use building that aligns with the area's dynamic growth and vibrant community. With zoning that allows for ground-floor commercial use and residential units above, the possibilities are endless. From retail spaces to salons, or even boutique dining, this site is primed for a range of business ventures. The surrounding area is a thriving rental market with increasing property values, making it an ideal investment for long-term returns. Avondale is one of Chicago's most rapidly developing neighborhoods, with easy access to public transportation, expressways, and a growing influx of new businesses and residents. Seize this opportunity to build in a high-demand location where your vision can truly thrive. Don't wait-capitalize on this rare chance to shape the future of Avondale!
Location
State IL
County Cook
Area Chi - Avondale
Rooms
Basement None
Interior
Heating Natural Gas, Electric
Fireplace N
Exterior
Parking Features Detached
Garage Spaces 2.0
Building
Dwelling Type Two to Four Units
Sewer Public Sewer
Water Lake Michigan
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2024 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Rosemary Maya • Realty of America, LLC
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Sarah Leonard
Broker | Owner