See all 11 photos
$599,000
Est. payment /mo
0.28 Acres Lot
Active
2650-2662 W Madison Street Chicago, IL 60612
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Key Details
Property Type Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11183952
Annual Tax Amount $1,637
Tax Year 2019
Lot Size 0.280 Acres
Acres 0.28
Lot Dimensions 100 X 125
Property Sub-Type Land
Property Description
100 feet of frontage on Madison. Lot Total dimensions are 100 by 125. Quick Zoning Metrics: 31 dwelling units or 25 dwelling units + 8 studios. 37,500 Buildable SF. 65' height with ground floor commercial. 60' height with no ground floor commercial. You need a special use for ground-floor residential. The property qualifies for TOD bonuses but you need to do a zoning amendment to obtain them (and thus trigger affordable). Under a TOD rezoning, you can get: 41 dwelling units or 33 dwelling units + 12 studios. 50,000 Buildable SF. 75' with ground floor commercial. 70' with no ground floor commercial
Location
State IL
County Cook
Area Chi - East Garfield Park
Zoning MULTI
Exterior
Utilities Available Electric to Site, Gas to Site, Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water to Site
View Y/N true
Present Use Multi-Family
Street Surface Asphalt
Farm No
Building
Dwelling Type Land
Lot Size Range .25-.49 Acre
Architectural Style Land
Schools
School District 299
Others
Senior Community No
Tax ID 16124260220000
Ownership Fee Simple
Special Listing Condition None

MRED as distributed by MLS GRID.
Listed by Dream Town Realty
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