2501 S Springfield AVE Chicago, IL 60623

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Park Place Realty Group LLC

info@parkplacerealtyllc.com +1(708) 722-5106

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Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12205806

Year Built 1917

Annual Tax Amount $12,444

Tax Year 2023

Lot Dimensions 65 X 122

Property Sub-Type Multi Family 5+

Property Description

This 9-unit building is in need of a full gut rehab and offers incredible potential for restoration or redevelopment. The warehouse portion of the building was originally a cookie factory and offers ample space for creative use or future expansion. The building retains unique industrial elements such as exposed brick, steel beams, and original architectural features. Additionally, the property features two large attached 3-car garages, providing parking for up to 6 vehicles-ideal for tenants or development use. Currently uninhabitable - Perfect for investors looking to breathe new life into a historic space with substantial upside.

Location

State IL

County Cook

Area Chi - South Lawndale

Zoning MULTI

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Structure Type Brick

Listed by Alexander Partida of Realty of America, LLC

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106