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- LoopNet Team
3000-52 S Pitney Ct
Chicago, IL 60608
Land For Sale
·
5.24 AC
Investment Highlights
- +/- 5.24 Acre (228,247 SF) Landsite
- +/- 558’ of river frontage with new seawall
- Freshly Graded and Remediated Landsite
- M2-3 Zoning w/ Residential Zoning Approved to South
- +/- 825’ of pedestrian sidewalk on Pitney Ct & 31st Street
- Chicago’s Bridgeport Neighborhood with proximate access to I-55, Ashland and Archer Avenues
Property Facts
Description
ACO Commercial is pleased to offer for sale 3000-3052 S. Pitney Court, a generational riverfront land opportunity located in Chicago’s Bridgeport neighborhood. The opportunity consists of a 5.24 Acre landsite with over 558 feet of water frontage along the South Branch of the Chicago River. Formerly owned by People’s Gas and Coke for over 100 years, the site has received an extensive multi-year restoration with new sea wall, re-grading, and subsequent “NFR” letter in 2020. A developer may capitalize on the site’s potential with “as-of-right” M2-3 zoning, or explore other options cohesive with neighboring residential and mixed-use sites. Rarely available is such a waterfront parcel, ready to develop within the Bridgeport neighborhood. The Property is being offered on a fee simple basis. An ALTA survey has been recently completed and is available upon request. The site is secured and fenced and may be accessed by appointment. Please contact George Toscas at 773-771-5859 to arrange a site visit.
Property Taxes
| Parcel Numbers | Improvements Assessment | $31,954 | |
| Land Assessment | $855,926 | Total Assessment | $887,880 |
Property Taxes
