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  • $500,000

    2650-2662 W Madison St, Chicago, IL 60612

    --beds
    --baths
    0.28Acres
    Unimproved Land
    Built in ----
    0.28 Acres Lot
    $-- Zestimate®
    $--/sqft
    $1,538 Estimated rent

    What's special

    100 feet of frontage on Madison. Lot Total dimensions are 100 by 125. Quick Zoning Metrics: 31 dwelling units or 25 dwelling units + 8 studios. 37,500 Buildable SF. 65' height with ground floor commercial. 60' height with no ground floor commercial. You need a special use for ground-floor residential. The property qualifies for TOD bonuses but you need to do a zoning amendment to obtain them (and thus trigger affordable). Under a TOD rezoning, you can get: 41 dwelling units or 33 dwelling units + 12 studios. 50,000 Buildable SF. 75' with ground floor commercial. 70' with no ground floor commercial

    Zillow last checked: 7 hours ago

    Listing updated: July 29, 2024 at 06:40am

    Listing courtesy of:

    Mitir Patel 773-326-6500,

    Dream Town Real Estate

    Bought with:

    Ryan Grober

    Jameson Sotheby's Intl Realty

    Source: MRED as distributed by MLS GRID,MLS#: 11183952MLS Logo

    Facts & features

    Interior

    Cooling
    • None
    Appliances
    • Laundry: None

    Property

    Features
    • Frontage length: 100
    Lot
    • Size: 0.28 Acres
    • Dimensions: 100 X 125
    Details
    • Parcel number: 16124260220000
    • Zoning: MULTI
    • Special conditions: None

    Utilities & green energy

    • Utilities for property: Electricity Connected, Natural Gas Connected, Sanitary Sewer, Sewer-Storm Available, Water-Municipal, Water Connected

    Community & neighborhood

    Location
    • Region: Chicago

    Other

    Other facts
    • Listing terms: Cash
    • Ownership: Fee Simple
    • Road surface type: Asphalt
    Services availability