1355 W 16th ST Chicago, IL 60608

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Park Place Realty Group LLC

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

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Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12372696

Annual Tax Amount $7,191

Tax Year 2023

Lot Dimensions 25X110

Property Sub-Type Land

Property Description

Unlock immediate development potential in the highly sought-after Pilsen neighborhood! This exceptional 110' x 25' lot boasts a prime location with unparalleled access to Pilsen's vibrant attractions, including convenient transportation, diverse dining, thriving art galleries, and rich culture. Already up-zoned to RM 4.5, this shovel-ready site comes with approved designs and permits for a lucrative 3-unit apartment/condo building, recently appraised at $1.2 million. Imagine breaking ground immediately and capitalizing on this prime Chicago location. Even better, explore the opportunity to develop 4 units, maximizing your investment potentially. Seller financing is available to further facilitate your success, making this an unmissable chance to establish a significant residential presence in one of Chicago's most dynamic communities. Don't miss out on this rare Pilsen development gem!

Location

State IL

County Cook

Area Chi - Lower West Side

Interior

Fireplace N

Exterior

Utilities Available Electricity Available, Natural Gas Available, Water Available

Building

Dwelling Type Land

Sewer Storm Sewer

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Listed by Ryan Cherney of Circle One Realty

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Park Place Realty Group LLC

Broker | License ID: 888222

+1(708) 722-5106