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$ 2,500,000
Est. payment | /mo
1.72 Acres Lot
$ 2,500,000
Est. payment | /mo
1.72 Acres Lot
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12716364
Annual Tax Amount $7,538
Tax Year 2024
Lot Size 1.720 Acres
Lot Dimensions 259X289
Property Sub-Type Land
Property Description
An exceptional opportunity to acquire approximately 75,000 square feet (1.72 acres) of strategically located development land in Chicago's Brighton Park neighborhood. This highly visible infill site offers tremendous potential for investors, developers, owner-users, and those seeking a well-positioned asset in one of Chicago's established growth corridors. The site was previously approved by the City of Chicago as Residential Planned Development. It demonstrates both the quality of the location and the City's prior support for residential redevelopment on this site. Buyers are encouraged to conduct their own due diligence regarding current zoning, entitlements, redevelopment options, and future land-use possibilities. The property is zoned M1-2 Limited Manufacturing District, providing flexibility for numerous industrial and commercial uses, including warehouse, distribution, flex-industrial, contractor facilities, manufacturing, and other permitted uses. The location offers exceptional accessibility with convenient access to Interstate 55, Interstate 90/94, Midway International Airport, and the BNSF Corwith Intermodal Terminal, making it equally attractive for logistics operations, industrial development, or future redevelopment opportunities. Buyer to independently verify zoning, permitted uses, utilities, environmental conditions, and redevelopment potential.
Location
State IL
County Cook
Area Chi - Brighton Park
Zoning PUD
Interior
Fireplace N
Exterior
Utilities Available Electricity Nearby, Natural Gas Nearby
Building
Dwelling Type Land
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Erika Villegas of Re/Max In The Village
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "