Great Development Opportunity! Value is in the land. Currently, there is a church building on the parcel, but highest and best use is to replace it with a more modern residential development structure. Neighborhood has been highly improved, with new development across the street and in the immediate surrounding area. Property is located across the street from the most sought after CPS Jenner Academy of the Arts. Zoning is PD1006 Residential Commercial Planned Development No. 1006, Subarea B. Mailing address for the church building is 509 W. Elm Street. Prospective buyers do your due diligence as well.
Closed
$1,700,000
509 W Elm St, Chicago, IL 60610
--beds
--baths
0.26Acres
Unimproved Land
Built in ----
0.26 Acres Lot
$-- Zestimate®
$--/sqft
$2,860 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 16, 2023 at 12:30pm
Listing courtesy of:
Clifford Perotti (773)726-8922,
Berkshire Hathaway HomeServices Chicago,
Robert Waldschmidt,
Berkshire Hathaway HomeServices Chicago
Bought with:
Joanna Olszynska
Compass
Source: MRED as distributed by MLS GRID,MLS#: 11240670

Facts & features
Interior
Appliances
- Laundry: None
Property
Features
- Frontage length: 219.5
Lot
- Size: 0.26 Acres
- Dimensions: 219.5 X 52
Details
- Has additional parcels: Yes
- Parcel number: 17043120380000
- Zoning: OTHER
- Special conditions: None
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Water-Municipal
Community & neighborhood
Location
- Region: Chicago
Other
Other facts
- Listing terms: Cash
- Ownership: Fee Simple
- Road surface type: Concrete