Prime Land Value Opportunity - RT4 Zoning! Exceptional investment potential on this 24' x 124.29' lot, located outside of the Chicago Historic Preservation Ordinance-offering maximum redevelopment flexibility. Zoned RT4 with the ability to build two new units. Recent area condo sales are exceeding $700K! Currently, the property includes four 1-bedroom units-two in a front brick building and two in a rear frame coach house. Major renovation needed (gut job) for experienced rehabbers only. All units are long-term tenant-occupied on a month-to-month basis and generate $3,500/month in rental income. Additional highlights: Front building has a new roof All units equipped with central heat Sold AS-IS. The seller will not make any repairs or improvements. Located in a vibrant neighborhood with easy access to public transportation and blocks from the trendy shops and restaurants along Division and California.
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Property Details
Utilities
Heating Natural Gas, Forced Air
Cooling
Water Public
Sewer Public Sewer
Additional Information
Schools
District 299
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Listing History
06-28-2025
Listed at $469,000
07-01-2025
Status changed to Under Contract
Last Modified 7/1/25 4:06 AM
Nearby Transportation
Bus 49
0.1 mi
Bus 70
0.1 mi
Bus X49
0.2 mi
Bus 66
0.4 mi
Bus 94
0.4 mi
Bus 50
0.6 mi
Bus 65
0.6 mi
Bus 72
0.6 mi
Bus 52
0.8 mi
Bus 56
0.9 mi
Bus 9
1.1 mi
Bus X9
1.1 mi
Bus 73
1.1 mi
Bus 82
1.2 mi
Milwaukee North
0.8 mi
Milwaukee West
0.8 mi
North Central Service
0.8 mi
Blue Line
0.8 mi
Green Line
1.2 mi
ZipCar
0.1 mi
I 90 East
1.3 mi
I 94 East
1.3 mi
I 90 West
1.4 mi
I 94 West
1.4 mi
I 290 West
1.7 mi
I 290 East
1.8 mi
I 55 North
3.9 mi
I 55 South
3.9 mi
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