The offering includes three parcels totaling approximately 30,000 SF. This mixed-use development is slated to include 216 residential units (133,695 Net SF), 10,245 SF of ground floor retail, and 170 parking spaces. The site is adjacent to over 1,000 recently developed condominium units on both sides, and a new police station. It provides an expedited solution to demand in the submarket for Class "A" multifamily product and high visibility commercial space. The location is part of the Roosevelt/Racine Tax Increment Financing Redevelopment Project Area. The current plan calls for over $87 Million in available funds for the acquisition, rehabilitation, and redevelopment of buildings and parcel
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For more information about 1451 S Blue Island, Chicago, IL 60608 contact Corcoran Urban Real Estate.
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