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Investment Highlights

  • High profile development site in a vibrant area with various development possibilities.

Executive Summary

Deal Structures: Open to sale, Built to Suit, or Joint Venture.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Industrial
  • Office
Total Lot Size 2.09 AC
No. Stories 1
Year Built 1946
Zoning M1-1 - Zoning: M1-1 and M2-2

1 Lot Available

Lot

Lot Size 2.09 AC

Current Condition: Vacant land, no improvements. Development Potential: Suitable for multifamily/residential (townhomes, apartments, condos, single-family homes), retail, or industrial development.

Description

2+ Acre Development Land Site in Chicago’s Avondale Neighborhood Location: 3229-3243 N. California Avenue, Avondale neighborhood, Chicago Property Size: Approximately 91,019 square feet (2.09 acres). Frontage: Approximately 378 feet on California Ave and 125 feet on Melrose St Neighborhood Context: Located among retail and multifamily properties, within a transforming neighborhood.

Exceptionally walkable
100/100
Moderately drivable
70/100
Good public transit
70/100
Moderately bikeable
70/100

Property Taxes

Property Taxes

Parcel Number
13-24-404-005-0000
Land Assessment
$52,875
Improvements Assessment
$0
Total Assessment
$52,875
  • Listing ID: 32260617

  • Date on Market: 6/26/2024

  • Last Updated:

  • Address: 3229-3243 N California Ave, Chicago, IL 60618

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