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
Closed
$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
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#: 11183952

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