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4930 S Western Avenue Chicago, IL 60609

$250,000
Active / MLS# 12668102 / Land - Commercial / Chicago
0 Beds

An exceptional and rare development opportunity awaits on one of Gage Park's most highly visible and heavily trafficked corridors! This strategically positioned commercial/residential zoned property along South Western Avenue is being sold together with 4926 and 4928 S. Western Avenue - combining for an impressive 75 feet of prime frontage along Western Avenue, offering tremendous scale and development potential in one of Chicago's most active and growing neighborhoods. Some infrastructure improvements are already in place, giving your project a valuable head start, and the owner has blueprints ready to submit for city approval - saving you valuable time and moving your vision closer to reality from day one. Whether you're envisioning a mixed-use development, residential building, retail, or a combination of uses, the commercial/residential zoning opens the door to a wide range of exciting possibilities. The location could not be more advantageous - highly visible along bustling South Western Avenue with strong daily traffic counts, and conveniently situated near the Orange Line CTA station for excellent public transit access and connectivity throughout the city. With significant frontage, flexible zoning, existing infrastructure improvements, and ready-to-submit blueprints, this reasonably priced assemblage represents an outstanding opportunity for developers, investors, and builders looking to make their mark in Gage Park, Chicago. 4936 S. Western Avenue also being sold, seperately.

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Estimated Payment

$ 856.72 per month $555.56 Principal & Interest $228.25 Property Tax $72.92 Homeowner's Insurance
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Property Details

Property Type: Land - Commercial
Lot Size: 0.21 Acres
Taxes: $2,739

Feature Descriptions

Current Use: Commercial, Multi-Family
Frontage: 75
Frontage Type: City Street
Lot Dimensions: 75x122x75x122
Parcel#: 19122160260000
Road Surface: Asphalt
Township: Lake
Utilities: None

Schools

High School: Kelly High School
Middle School: Nightingale Elementary School
Elementary School: Nightingale Elementary School
School District: District 299

Disclaimer: The accuracy of all information regardless of source, including but not limited to square footage and lot size, is deemed reliable but not guaranteed nor warranted and should be personally verified through personal inspection by and/or with the appropriate professionals.

Location

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Listing Office: Chicago Properties Firm

Listing Office Phone: 312-525-9660



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