Chicago, IL 60610,509 W Elm ST
Chicago, IL 60610,509 W Elm ST
Chicago, IL 60610,509 W Elm ST
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$1,700,000

$1,950,000

12.8%
Est.Price: ?

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Est. payment /mo

SOLD DATE : 05/15/2023

Key Details

Sold Price $1,700,000

Property Type Vacant Land

Sub Type Land

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 11240670

Sold Date 05/15/23

Tax Year 2020

Lot Dimensions 219.5 X 52

Property Sub-Type Land

Property Description

Great Development Opportunity! Value is in the land. Currently, there is a church building on the parcel, but highest and best use is to replace it with a more modern residential development structure. Neighborhood has been highly improved, with new development across the street and in the immediate surrounding area. Property is located across the street from the most sought after CPS Jenner Academy of the Arts. Zoning is PD1006 Residential Commercial Planned Development No. 1006, Subarea B. Mailing address for the church building is 509 W. Elm Street. Prospective buyers do your due diligence as well.

Location

State IL

County Cook

Area Chi - Near North Side

Zoning OTHER

Interior

Fireplace N

Laundry None

Exterior

Utilities Available Electric to Site, Gas to Site, Water-Municipal

Schools

School District 299 , 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Midwest Real Estate Data (MRED) IDX
Listed by Clifford Perotti • Berkshire Hathaway HomeServices Chicago
Bought with Joanna Olszynska • Compass
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+1(312) 772-2820

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1941 N Elston Ave, Chicago, IL, 60642, USA

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