0.14 Acres of Residential Land for Sale in Chicago, Illinois

Investors & developers- this is a dream opportunity to build or add-on to this rare DOUBLE-LOT in NORTH MAYFAIR on the Pulaski commercial corridor. With B3-2 zoning, a 50 FOOT WIDE LOT and lots of visibility in a prime area of the City. Existing 2-unit brick building is currently used as a non-profit organization headquarters, not tenant-occupied. Large 2 bedroom/1 bathroom units with up to 9ft high ceilings, and an extra-high unfinished attic space that can be converted or duplexed. Finished basement with several more rooms and a bathroom. Roof is 5-6 years old. 2-car detached garage, plus additional parking spaces in rear. Possibility to rehab and maximize rents, expand onto the adjacent lot, or tear down and maximize the land with a mixed-unit property on this 6,300 sq.ft lot. Building needs some upgrades & repairs, but lots of value-add opportunity here. Property is currently tax-exempt. ACT FAST