Corcoran Urban Real Estate
$0 to $5,000,000
Any Beds
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18 Properties Within 0.5 miles of: 2856 S Emerald, Chicago

2856 S Emerald
Chicago, IL 60616

  • 5 Beds
  • Built In 1885
Price

$250,000

Est Payment
$1,717 / month (details)  
Taxes
$4,493  
Beds
5  
Rooms
12  
Type
Two to Four Units  
Sq. Ft.
n/a  
Lot Size
2875  
Built
1885  
Neighborhood
Bridgeport  
MLS
#12045126
Status
Contingent

Property Description

**Best and Final deadline to submit offers is Sunday 12pm. **Presenting a rare investment opportunity in the thriving Bridgeport area: a legally zoned multi-unit property poised for development. Currently structured as a two-flat, this offering is sold "as is" and represents an outstanding prospect for new construction given the age and condition of the existing building. The front unit, generating a steady income of $1,000 per month on a month-to-month lease, is complemented by a vacant rear unit, ready for your vision and transformation. Situated on a desirable block brimming with potential, this property invites the astute investor to capitalize on the dynamic local real estate market. With its competitive pricing, this opportunity is not to be missed. Act swiftly to harness the possibilities of this prime development site. Your strategic investment awaits. All remaining contents will stay.

Property Map

Property Details

Utilities

  • Heating Natural Gas, Forced Air, Radiant, Sep Heating Systems - 2+
  • Cooling
  • Water Lake Michigan, Public
  • Sewer Public Sewer, Sewer-Storm

Additional Information

Parking
2 Parking Spaces, Off Street, Parking On Site, Owned
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

05-02-2024 Listed at $250,000
05-06-2024 Status changed to Under Contract
Last Modified 5/14/24 5:27 PM

Nearby Transportation

  • Bus 8 < 0.1 mi
  • Bus 44 0.2 mi
  • Bus 31 0.3 mi
  • Bus 62 0.3 mi
  • Bus 24 0.7 mi
  • Bus 21 0.7 mi
  • Bus 35 0.8 mi
  • Bus 29 1.0 mi
  • Bus 9 1.0 mi
  • Bus X9 1.0 mi
  • Bus 1.1 mi
  • Bus 39 1.1 mi
  • Bus 60 1.1 mi
  • Bus 4 1.1 mi
  • Bus 1 1.1 mi
  • Rock Island 1.1 mi
  • Orange Line 0.4 mi
  • Red Line 1.1 mi
  • Green Line 1.2 mi
  • I 90 East 0.8 mi
  • I 94 East 0.8 mi
  • I 90 West 0.8 mi
  • I 94 West 0.8 mi
  • I 55 South 0.9 mi
  • I 55 North 0.9 mi
  • I 290 East 1.9 mi
  • I 290 West 2.5 mi
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