Developer's dream! TOD qualified - 4 contiguous lots available for development in prime Lincoln Square location! 12,500 sq ft with B1-2 zoning! 6 min walk to Rockwell Brown line, 10 minute walk to Western brown line and downtown Lincoln Square, 10 min bus ride to Ravenswood Metra stop, 5 min walk to North Branch River trail with biking/jogging for miles and parks, trees and playgrounds abound! Ability to build 12 units with current zoning or up-zone for ability to build 31 units or more depending on percentage of affordable units! Lots of precedence for up-zoning in the area. Alderman has had plenty of experience with developers! Taxes just got reduced by $5,000 / year via a successful appeal and locked in for 10 years! 2020 total taxes were $40,699.46 and newly appealed taxes are apprx $35,000. PIN numbers 13-13-200-012, 13-13-200-013 (double lot) & 13-13-200-014. Current use is a single story mini mall with two restaurants that is 50% occupied. Building expenses are only taxes and insurance. Tenants pay all building utilities including water.
Full Features
Basement:
None
Heating System:
Natural Gas
Water Front:
No
Square Feet:
N/A
Lot Size:
.25-.49 Acre
Taxes & Assessments
Tax Amount:
$30,273
Tax Year:
2022
Location
Zip Code:
60625
City:
Chicago
County:
Cook
Schools
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A
Basement:
None
Heating System:
Natural Gas
Water Front:
No
Square Feet:
N/A
Lot Size:
.25-.49 Acre
Tax Amount:
$30,273
Tax Year:
2022
Zip Code:
60625
City:
Chicago
County:
Cook
School District(s):
299
Elementary School:
N/A
Middle School:
N/A
High School:
N/A
Disclaimer: The accuracy of all information regardless of source, including but not limited to square
footage and lot size, is deemed reliable but not guaranteed nor warranted and should be
personally verified through personal inspection by and/or with the appropriate professionals.
Lincoln Square, IL
Lincoln Square exudes both trendiness and old-world charm.
The community has a number of popular restaurants and bars, while Lincoln Avenue offers an eclectic mix of sophisticated eateries, corner cafes, and favorite neighborhood hangouts.
Centered around a bustling shopping and dining district on C...
2729 W Lawrence Avenue is a vacant land which sold for $1,400,000. This vacant land has been listed on @properties since November 15th, 2022. The nearest transit stops include Rockwell CTA Brown line.
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