This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Land Property is no longer advertised on LoopNet.com.

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
Property Subtype Residential
Proposed Use
Commercial
  • Multifamily
  • Apartment Units
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

Property Taxes

Parcel Number
20-03-207-021-0000
Land Assessment
$72,422
Improvements Assessment
$0
Total Assessment
$72,422
  • Listing ID: 25265619

  • Date on Market: 3/16/2022

  • Last Updated:

  • Address: 530 40th Street, Chicago, IL 60653

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}