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4200 S King Dr 0.35 Acres of Commercial Land Offered at $480,000 in Chicago, IL 60653

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INVESTMENT HIGHLIGHTS

Located on the Historic Boulevard.

Close proximity to Lake Shore Dr, Sox Stadium, Hyde Park, University of Chicago, Obama Library, I-90, South Loop, and more.

EXECUTIVE SUMMARY

Opportunity to own a Prime Bronzeville corner lot For Sale on King Drive Boulevard! Zoned R-5. Lot dimensions per Survey are 104 ft. wide on the front by 150 ft. long. Owner has (NFR) No Further Remediation letter from Illinois EPA. Come and build out your ideal business location! Property needs to be rehabbed but it is a great opportunity for the right entrepreneur to bring their business idea. Could be a cleaners, laundromat, car repair shop, muffler shop, or light industrial. Hot location close to Lake, Lake Shore Drive, I-90, CTA Red Line, Downtown, South Loop, Hyde Park, Sox Stadium, Mariano's, Peaches and much much more! Drive by only. This is your opportunity to own a corner lot on King Boulevard! Seller looking for AS-IS, quick closing with current price.

PROPERTY FACTS

Price	$480,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Retail Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Bank
Sale Conditions	Deferred Maintenance Building in Shell Condition	Total Lot Size	0.35 AC
No. Lots	1	No. Stories	1
Property Type	Land	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Zoned RM 5 - Medium to high-density apartment buildings. Two-flats, townhouses, and single family homes are also allowed.

Price	$480,000
Sale Type	Investment
Sale Conditions	Deferred Maintenance Building in Shell Condition
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Retail Apartment Units - Condo Apartment Units - Senior Apartment Units - Subsidized Bank
Total Lot Size	0.35 AC
No. Stories	1
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	Zoned RM 5 - Medium to high-density apartment buildings. Two-flats, townhouses, and single family homes are also allowed.