4942-56 S Calumet AVE, Chicago, IL 60615
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$ 479,900
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$ 479,900
Est. payment | /mo
Save

Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12687738

Annual Tax Amount $8,998

Tax Year 2024

Lot Dimensions 175x102

Property Sub-Type Land

Property Description

Huge RM-5 CORNER Bronzeville Lot!!!! This size development parcel in Bronzeville is a Rare Find!!!! Build 7 Multi-unit Buildings or several Larger buildings with the current zoning of RM-5 ****Prime Development Opportunity**** with a lot size of 175x102 (17,850 Square Ft) and a RM-5 zoning investing in this vacant lot in Bronzeville presents a transformative opportunity to capitalize on its strategic location, zoning advantages, and the neighborhood's dynamic growth trajectory. It's a proposition that appeals to astute developers and investors looking to maximize returns in Chicago's expanding real estate market. 3-Unit Buildings are selling for $1.2mm in the immediate area.

Location

State IL

County Cook

Area Chi - Grand Boulevard

Zoning MULTI

Interior

Fireplace N

Exterior

Utilities Available Electric to Site, Natural Gas Available, Water Available

Building

Dwelling Type Land

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

Midwest Real Estate Data (MRED) IDX
Listed by Gerese Tadros of  City Suburban Real Estate of IL, Inc. 

Nearby Locations

Kathryn (Kathy) Jensen

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(773) 757-8864

kjensen@chicagorea.com

1941 N Elston Ave, Chicago, IL, 60642, USA

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4942-56 S Calumet AVE