0.28 Acres of Commercial Land for Sale in Chicago, Illinois

2650-2662 W Madison St, Chicago, IL 60612

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0.28 Acres of Commercial Land for Sale in Chicago, Illinois
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$599,000
0.28 acres
pending saleUnder contract

100 feet of frontage on Madison. Lot Total dimensions are 100 by 125. Quick Zoning Metrics: 31 dwelling units or 25 dwelling units + 8 studios. 37,500 Buildable SF. 65' height with ground floor commercial. 60' height with no ground floor commercial. You need a special use for ground-floor residential. The property qualifies for TOD bonuses but you need to do a zoning amendment to obtain them (and thus trigger affordable). Under a TOD rezoning, you can get: 41 dwelling units or 33 dwelling units + 12 studios. 50,000 Buildable SF. 75' with ground floor commercial. 70' with no ground floor commercial

Directions

WEST OF WESTERN/EAST OF CALIFORNIA

Property details

County
Cook County
Coordinates
41.8814, -87.6932
Community
CHI - East Garfield Park
Zoning
MULTI
Elevation
600 feet
MLS Number
MRED 11183952
Date Listed

Parcels

  • 16124260220000

Property taxes

2021
$1,638

This 0.28-acre property is located at 2650-2662 W Madison St in Chicago, IL 60612 with latitude 41.8814 and longitude -87.6932. The property is currently pending sale for $599,000 with a price per acre of $2,139,286. Listing data is sourced from Midwest Real Estate Data # 11183952.

Verify sale details at the property source or contact Dream Town Real Estate at (312) 265-8000.

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Listing checked and updated . Parcel data by Regrid.

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Land for sale in Chicago, IL