0.071 Acres of Land for Sale in Chicago, Illinois

1318 W Ohio St, Chicago, IL 60642

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$550,000
0.07 acres
Active sale agoEst $5,472/mo

Seller will consider offers contingent upon rezoning at Purchaser's sole cost and expense to RT4, RT4.5, RM5, B2-2 or B3-2. There is abundant precedence in immediate area and recent zoning changes on the block within that last 12 months. Records from 1940's indicate a past multi unit building. Adjacent 1322 available for purchase at $1,200,000 (sold separate or as package 2 pins) offers further opportunity to scale existing structure tandem 6 unit in combination with new build. Taxes are senior freeze. Deck structure encroaching onto 1318 lot is not required for 1322 Building as was set up based on sellers pseudo use of combined 1N and 1S units. All pond features, pavers, flower beds, pergola, etc.. would be stripped down and removed in the case of a lot development sale by seller. Currently functions as a peaceful urban oasis on 24' x 127.48' lot zoned RS3 and populated by mature pear and quince trees, koi pond ten-feet in diameter complete with fountain, established ornamental vines, vibrant perennials, fruiting trees, and shrubs, and dedicated raised beds

Directions

Grand Ave to Ada St, North on Ada to Ohio, East on Ohio to Property

Property details

Coordinates
41.8928, -87.6604
Community
CHI - West Town
School District
299
Elevation
594 feet
MLS Number
MRED 11998075
Date Listed

Parcels

  • 17081190150000

Property taxes

2022
$3,762

This 0.07-acre property is located at 1318 W Ohio St in Chicago, IL 60642 with latitude 41.8928 and longitude -87.6604. The property is currently available for sale for $550,000 with a price per acre of $7,746,479. Listing data is sourced from Midwest Real Estate Data # 11998075.

Verify sale details at the property source or contact North Clybourn Group at (773) 252-0600.

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Listing checked and updated . Parcel data by Regrid.

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