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8314-8318 S Stony Island Ave - Chicago Avalon Park Commercial Lot For Sale 0.22 Acres of Commercial Land Offered at $199,000 in Chicago, IL 60617
Investment Highlights
- Business district, multiple option, high traffic
Executive Summary
Prime location +/- 9,375 square foot vacant lot in a densely populated area in Chicago's Avalon Park business district. 75 square feet frontage on busy Stony Island with 47,000 traffic count, just off the southwest corner of 83rd St and Stony Island Ave. Lot dimensions are approximately (75' x 125'). Zoned B3-2 which allows for a variety of uses, retail, commercial use, mixed use building, This location is surrounded by national & regional retailers, in the heart of the business & shopping district. Just minutes south of the Obama Presidential Library currently under construction. Excellent location in a busy area. Three Pin numbers 28,29 & 30, 8314,8316 & 8317
Property Facts
| Price | $199,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Total Lot Size | 0.22 AC |
| No. Lots | 1 | Opportunity Zone |
Yes
|
| Property Type | Land | ||
| Zoning | B-3-2 - Retail, mixed uses, salons, automative | ||
| Price | $199,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.22 AC |
| Opportunity Zone |
Yes |
| Zoning | B-3-2 - Retail, mixed uses, salons, automative |
1 Lot Available
Lot 8314-8318
| Price | $199,000 | Lot Size | 0.22 AC |
| Price Per AC | $924,635.26 |
| Price | $199,000 |
| Price Per AC | $924,635.26 |
| Lot Size | 0.22 AC |
Prime location +/- 9,375 square foot vacant lot in a densely populated area in Chicago's Avalon Park business district. 75 square feet frontage on busy Stony Island with 47,000 traffic count, just off the southwest corner of 83rd St and Stony Islan
Description
Zoning B3-2, Mixed use building allowed, Multi-unit 6 plus, retail, community center, offices, restaurant, 75 frontage on busy Stony Island Street, 3 PIN numbers
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $9,375 | Total Assessment | $9,375 |
Property Taxes
Parcel Numbers
Land Assessment
$9,375
Improvements Assessment
$0
Total Assessment
$9,375
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8314-8318 S Stony Island Ave - Chicago Avalon Park Commercial Lot For Sale