$499,000 $2,679 est/mo Sourced by Back At You

3353 W Division Street,Chicago, IL 60651

Chicago IL, 60651

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Description

Welcome to an exceptional development opportunity located at the southeast corner of Division & Kimball. This prime site, measuring 48x111, presents the perfect canvas for a lucrative real estate venture. Proposed is a center entrance 6-unit condominium building, promising an attractive finished gross sale projection of $2,000,000. This project offers the potential for substantial returns on investment. Furthermore, environmental concerns have been addressed, with underground storage tanks responsibly removed in 1999. Removal reports are available upon request, ensuring transparency and compliance with regulations. Currently occupying the premises is a auto repair shop featuring 5 bays, a lobby, and a half bath. It is important to note that the property is tenant-occupied on a month-to-month basis, and therefore, discretion is advised to not disturb the tenant

Details

MLS#12018545
Listing TypeFor Sale
StyleOffice Building
Sub-TypeResale
StatusActive
Year1930
Days On Site52
Listing Provided ByBerkshire Hathaway HomeServices Chicago | Arden Fowler

Features

Story(s)1
ZoningMULTI

Market Activity 60651

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Learn More About This Property

StateIL
CountyCook
CityChicago
Zip Code60651
AreaCHI Humboldt Park
Listing VS Median (in 60651)
Price:
$499,000
low | high
Med:
$365,950
76.663326653307% of Average
On Site:
52
low | high
Med:
54.500000
95.412844036697% of Average
Sourced by Back At You
Listing Updated: May 21, 2024 at 10:46:03 PM PDT