Price Reduced Listing
Description
Zoned M1-2 (Limited Manufacturing/Business Park) and located within Chicago's designated Armitage Industrial Corridor, this 25 125 (3,125 SF) parcel sits at Grand Avenue and Central Avenue on the Hanson Park/Hermosa/Belmont Cragin border - a Northwest Side pocket with an established base of light manufacturing, contractor yards, and warehouse/distribution users. Chicago's M districts carry no minimum lot area or frontage requirement, so this site's size is not a barrier to development; at a 2.2 floor area ratio, the lot supports up to 6,875 SF of floor area, with no zoning-code maximum on building height. Municipal water is available at the lot line, with electricity and natural gas nearby for hookup. Metra's Hanson Park station (Milwaukee District West line) is about a block away on Parkside Ave, and the site sits within the Chicago Police 25th (Grand Central) District, whose station is right at Grand & Central. Convenient to CTA bus lines and the Grand/Central retail corridor. Buyer/buyer's agent to independently verify the buildable envelope, utility connections, and any setback that may apply based on the zoning of adjacent parcels.
Details
| MLS # | 12758947 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 19 |
| Listing Provided By | New Concept Realty | Pietro Losacco |
Features
| Zoning | COMMR |
|---|---|
| Acreage | 0.25 |
Utilities
| Utilities | Electricity Nearby, Natural Gas Nearby |
|---|
Taxes
| Tax Year | 2023 |
|---|---|
| Tax Annual Amount | 981 |
Area Information
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60639 |
| Area | CHI Belmont Cragin |
| Listing VS Median (in 60639) | |
Price: $49,400 low | high Med: $410,000 On site: 19 low | high Med: 45 | |
Market Activity 60639
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Learn More About This Property
| State | IL |
|---|---|
| County | Cook |
| City | Chicago |
| Zip Code | 60639 |
| Area | CHI Belmont Cragin |
| Listing VS Median (in 60639) | |
Price: $49,400 low | high Med: $410,000 On site: 19 low | high Med: 45 | |