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$485,000
Est. payment /mo
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12584624
Annual Tax Amount $3,753
Tax Year 2024
Lot Dimensions 25 X 100
Property Sub-Type Land
Property Description
Developers and Builders - don't miss this exceptional opportunity in the heart of River West! This vacant land parcel zoned RT-4 offers incredible potential for a new residential development in one of Chicago's most sought-after and rapidly appreciating urban neighborhoods. River West continues to attract strong buyer demand thanks to its proximity to downtown, vibrant dining and nightlife, and convenient access to transportation. RT-4 zoning allows for a variety of residential possibilities, making this an ideal site for a thoughtfully designed development that can capture top-of-the-market pricing in a location where new construction consistently commands premium values. Surrounded by modern developments and ongoing revitalization, this parcel sits in a corridor where investment momentum continues to grow. Buyers are encouraged to consult with an architect and/or zoning professional to verify development potential, density allowances, and the intended end use.
Location
State IL
County Cook
Area Chi - West Town
Zoning OTHER
Rooms
Basement None
Interior
Fireplace N
Laundry None
Exterior
Utilities Available None
Building
Dwelling Type Land
Schools
Elementary Schools Ogden Elementary
High Schools Wells Community Academy Senior H
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Roger Joseph of Joseph Realty LTD
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