530 40th Street | Chicago, IL 60653
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- LoopNet Team
530 40th Street
Chicago, IL 60653
Land For Sale
·
0.47 AC
Investment Highlights
- Opportunity zoning
- Ownership will consider a development contingency from experienced developers
- TIF district
Property Facts
| Property Type | Land | Proposed Use | |
| Property Subtype | Residential | Total Lot Size | 0.47 AC |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 0.47 AC |
| Zoning | RT-4 - Residential Two-Flat, Townhouse and Multi-Unit District |
Description
This offering provides a unique opportunity to build on a prime site that is within walking distance to both the CTA train and the beach along with offering easy access to Lake Shore Drive and I(90). Bronzeville is in the midst of a development boom including the $3.8 billion dollar Bronzeville Lakefront mixed-use development (former Michael Reese Hospital site). Flourishing demand for housing is driven by the proximity to transportation, the lakefront, and the Loop.
Property Taxes
| Parcel Number | 20-03-207-021-0000 | Improvements Assessment | $0 |
| Land Assessment | $72,422 | Total Assessment | $72,422 |
Property Taxes
Parcel Number
20-03-207-021-0000
Land Assessment
$72,422
Improvements Assessment
$0
Total Assessment
$72,422
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