Chicago, IL 60637
$125,000 sold price

Mark Quesada
Broker / Owner
LIC #475144827
Multi Site Portfolio Opportunity - This lot is a Prime RM-5 Development Opportunity - Oversized 66' x 178' (11,748 SF) cleared lot with no demolition required. Offering strong multifamily density potential. Preliminary plans drafted for two (2) 3-story buildings totaling 12 units (plans not approved). Ideal for developers-build as designed or maximize density under current zoning. Builder available to assist with any full design/build execution. Sold as-is, where-is. Buyer to verify zoning, plans, and approvals. Portfolio / Opportunity: This Property is part of a multi-lot scattered-site portfolio across the Washington Park and West Woodlawn neighborhoods. Preliminary planning and diligence completed for a proposed 33-unit multifamily scattered site development (plans not approved). Ideal for investors seeking scale in a rapidly developing corridor, with flexibility to execute the current concept or optimize density. Builder and contractor team in place for streamlined execution.
Listed by Nicholas Hansen, Home One Realty
MLS# MRD12626614 · Sold
History reflects records reported to the MLS and may be incomplete.