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16 Properties Within 0.5 miles of: 2729 W Lawrence, Chicago

2729 W Lawrence
Chicago, IL 60625

Price

$1,475,000

Est Payment
$10,334 / month (details)  
Taxes
$30,273  
Type
Land  
Sq. Ft.
n/a  
Lot Size
100X125  
Neighborhood
Ravenswood  
MLS
#11673882
Status
Pending

Property Description

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.

Property Map

Property Details

Utilities

  • Heating Natural Gas
  • Cooling Other
  • Water
  • Sewer

Additional Information

Schools
District 299

Payment Calculator

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Principal & Interest
$0
Property Tax
$0
Assessments
$0
Home Insurance
$0
Mortgage Insurance
$0

Listing History

11-15-2022 Listed at $1,687,500
02-03-2023 Price decreased by $212,500 to $1,475,000
06-01-2023 Status changed to Expired
06-01-2023 Status changed to Active
12-14-2023 Status changed to Under Contract
Last Modified 3/27/24 10:31 AM

Nearby Transportation

  • Bus 81 0.1 mi
  • Bus 11 0.4 mi
  • Bus X49 0.4 mi
  • Bus 49 0.4 mi
  • Bus 49B 0.4 mi
  • Bus 78 0.5 mi
  • Bus 92 0.5 mi
  • Bus 93 0.5 mi
  • Bus 82 0.8 mi
  • Bus 50 0.9 mi
  • Bus 80 1.0 mi
  • Union Pacific North 1.2 mi
  • Brown Line 0.2 mi
  • I 94 West 1.8 mi
  • I 90 West 1.8 mi
  • I 90 East 1.9 mi
  • I 94 East 1.9 mi
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