Sold
Closed
2729 W Lawrence Avenue
Chicago IL, 60625
$1,400,000
Sold
Closed
Land
Courtesy of @properties Christie's International Real Estate
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.
11673882
MLSⓇ ID
November 16, 2022
Listed
November 25, 2024
Updated
Map
2729 W Lawrence Avenue
Chicago IL, 60625
Exterior/Building Features
School Information
School District
299
Other Property Details
Area Name
CHI - Lincoln Square
Taxes
$30,273
Tax Frequency
Annually
Days on Market
395
Garage
No
Parking Total
0
View
No
County
Cook
Municipality
Jefferson
Pool
No
Zoning
OTHER
Listing History
Date | Event | Price |
|---|---|---|
11/7/2024 | Sold | $1,400,000 |
3/27/2024 | Pending | — |
12/14/2023 | Under contract | — |
Courtesy of @properties Christie's International Real Estate, Nicole Hurt,
Listing Contact: 773-432-0200
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Based on information submitted to the MLS GRID for MRED 11/25/2024. All data is obtained from various sources and has not been, and will not be, verified by broker, MRED or MLS GRID. MLS Grid and MRED supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for consumers’ personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MTP or MRED. The use of the MRED Data may be subject to an end-user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time.
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Data last updated 4:34 PM UTC, 11/25/2024
