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$ 600,000
Est. payment | /mo
12 Beds
8 Baths
$ 600,000
Est. payment | /mo
12 Beds
8 Baths
Key Details
Property Type Multi-Family
Sub Type Two to Four Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12534045
Bedrooms 12
Year Built 1894
Annual Tax Amount $11,695
Tax Year 2024
Lot Dimensions 42.5 X 177.25
Property Sub-Type Two to Four Units
Property Description
Prime Washington Park development opportunity offering scale, flexibility, and park-front exposure. Zoned RM-5, this property features an approximately 8,000 sq ft main building plus a coach house with three on-site garage spaces, presenting potential for 6-9 residential units (buyer to verify). The main building is fully gutted and ready for redevelopment, with bright garden-level units and first-, second-, and third-floor units overlooking Washington Park-a strong draw for future tenants. Architectural plans for a 6-unit configuration are available, and the seller is willing to share plans with qualified buyers. Surrounded by ongoing new construction and redevelopment, this is an excellent opportunity for developers or investors seeking a value-add or repositioning project in a growing corridor with convenient access to transportation and neighborhood amenities. Sold as-is.
Location
State IL
County Cook
Area Chi - Washington Park
Zoning MULTI
Rooms
Basement Unfinished, Full
Interior
Heating None
Fireplace N
Exterior
Garage Spaces 3.0
Community Features Sidewalks, Street Lights
Roof Type Asphalt
Building
Dwelling Type Two to Four Units
Building Description Brick, No
Sewer Public Sewer
Water Public
Structure Type Brick
New Construction false
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
© 2025 Listings courtesy of MRED as distributed by MLS GRID. All Rights Reserved.
Listed by Rafay Qamar of Real Broker LLC