This Specialty Property is no longer advertised on LoopNet.com.

2019 N Bingham St
Chicago, IL 60647
Specialty Property For Sale · 1,650 SF

Investment Highlights

  • Phenomenal Logan Square Location
  • Seller is Willing to Pass along Development Plans & Permits
  • Near Western and California CTA
  • Value-Add Redevelopment with Tremendous Upside
  • Close Proximity to Retail, Restaurants, & Nightlife along Armitage, Milwaukee, & Western.
  • Great Opportunity For Owner User

Property Facts

Property Type Specialty
Property Subtype
Residential Income
  • Multifamily Apartments
Lot Size 0.05 AC
Building Size 1,650 SF
No. Stories 2
Year Built 1892
Zoning RS-3

About 2019 N BINGHAM ST , CHICAGO, IL 60647

The subject property is currently zoned RS-3 and the seller has already completed architectural plans and permits that can be shared with a new purchaser. The plans allow for the first floor unit to be duplexed down, and the second floor unit to be duplexed up. Both units lay out as 3 Bed / 2 Bath apartments. We have estimated that a total of $300,000 would be needed to complete the project and by doing this, an investor will be able to yield a healthy return. This is a rare opportunity for a developer or owner user to acquire a 2-unit building with the potential to develop simplex apartments, duplex apartments, or convert the property into a single family home.

Property Taxes

Property Taxes

Parcel Number
13-36-230-082-0000
Land Assessment
$11,060
Improvements Assessment
$68,024
Total Assessment
$79,084
  • Listing ID: 15919184

  • Date on Market: 5/1/2019

  • Last Updated:

  • Address: 2019 N Bingham St, Chicago, IL 60647

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