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About the Listing 10115 - 111203
Located in both a Federal Opportunity Zone and a Federal Enterprise Zone (providing incredible tax benefits to a developer) this +/- 6,150 SF, RM-5, CORNER, vacant lot is a rare chance to acquire a shovel-ready development site that comes with approved RM-5 zoning and fully drawn plans for an 8-unit, 4-story building. This saves a small fortune in architectural and development costs! It will, also, save a builder/developer 6 to 12 months in entitlement and permitting time. Located directly across from the Oak Wood Cemetery entrance (providing a great view south overlooking the beautiful administrative building and lawn) and 1/2 block to the highly ranked Wadsworth Stem Elementary school. Also, within walking distance of the 63rd & Cottage Grove "EL" stop, the University of Chicago and Jackson Park, this site is well located in this high-demand rental and sales market. The seller is offering full architectural designs to serious buyers, giving you a valuable head start toward bringing this project to life. Don't miss this time-saving, development ready, tax assisted opportunity.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Vacant Land
MLS ®
12544822
Year Built
Total Square Footage
0
Lot/Acreage
48.9x125.7x49x125.7
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Lot Dimensions: 48.9x125.7x49x125.7
- Zoning: OTHER
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: $1,536
- Taxes w/Assessments: N/A
- Tax/Property ID: 20231250110000
- Tax Year: 2024
Payment Calculator
Monthly Payment
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Questions About..
6659 S Greenwood Ave Chicago, IL 60637
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