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2339-2341 W Grand Ave Ave
Chicago, IL 60612
Land For Sale
·
0.12 AC
Investment Highlights
- B3-3 Zoning As-of-Right; 48' x 105' Site
- West Town Neighborhood; Exceptional convenience for commuters
- Max threshold eTOD Qualifications; Enterprise Zone
- Western Ave Metra & Two Major Bus Routes less than .25 Miles
Executive Summary
Baum Realty Group, LLC has been exclusively retained to market for sale 2339-2341 W. Grand Avenue (the "Property") in Chicago’s vibrant and rapidly growing West Town neighborhood. The Property comprises two existing single-story inner-connected buildings totaling approximately 3,387 square feet on a total site area of 5,040 square feet. 48' of frontage along W. Grand Ave.
2339-2341 W Grand offers exceptional convenience for commuters, with a location tucked away just east of the main intersection of the Western and Grand corridors. With stops for two major bus routes within 200’, the property provides maximum transit connectivity to the Western & Grand – 49 & Grand-Western 65 bus stops, and less than ¼ miles is the Western Avenue Metra Station. With benefits for new construction, or redevelopment, the site also benefits from city, state, and federal incentive programs including the Kinzie Ind. Conservation Area SBIF District and Enterprise Zone 4.
With its B3-3 as-of-right zoning and Transit-Oriented qualifications, the offering presents an opportunity as a ground-up, mixed-use development site, as-of-right.
2339-2341 W Grand offers exceptional convenience for commuters, with a location tucked away just east of the main intersection of the Western and Grand corridors. With stops for two major bus routes within 200’, the property provides maximum transit connectivity to the Western & Grand – 49 & Grand-Western 65 bus stops, and less than ¼ miles is the Western Avenue Metra Station. With benefits for new construction, or redevelopment, the site also benefits from city, state, and federal incentive programs including the Kinzie Ind. Conservation Area SBIF District and Enterprise Zone 4.
With its B3-3 as-of-right zoning and Transit-Oriented qualifications, the offering presents an opportunity as a ground-up, mixed-use development site, as-of-right.
Property Facts
1 Lot Available
Lot
| Price | $900,000 | Lot Size | 0.12 AC |
| Price Per AC | $7,778,603.65 |
| Price | $900,000 |
| Price Per AC | $7,778,603.65 |
| Lot Size | 0.12 AC |
48.00' x 105.00' Site Less than 200' from N Western Ave & W Grand Ave Intersection B3-3 Zoning, As-of-Right eTOD - Western Ave Metra, N Western Ave & W Grand Ave Bus Stops
Description
2339-2341 W Grand Ave 48.00' x 105.00' Site Less than 200' from N Western Ave & W Grand Ave Intersection B3-3 Zoning, As-of-Right eTOD - Western Ave Metra, N Western Ave & W Grand Ave Bus Stops Exceptional convenience for commuters
Property Taxes
| Parcel Numbers | Improvements Assessment | $49,250 | |
| Land Assessment | $63,000 | Total Assessment | $112,250 |
Property Taxes
Parcel Numbers
Land Assessment
$63,000
Improvements Assessment
$49,250
Total Assessment
$112,250
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