On Market 643 W. 18th St.,
Chicago, IL

643 W. 18th St.

Neighborhood

Pilsen

Number of Units

0

Price

$299,000

Highlights

  • Attractive Pilsen Location
  • Family Owned for Generations
  • 25′ X 101′ Lot
  • RT-4 Zoning

Description

Essex Three-Twelve, LLC. has been exclusively retained to market for sale 643 W. 18th Street, a parcel of land located in the heart of the Pilsen neighborhood of Chicago. In recent years, Pilsen has become one of the most sought-after neighborhoods by investors and developers primarily due to being an extremely low-density market with proximity to downtown and the area’s dynamic fundamentals, including a thriving artist community.

The land which was recently a distressed mixed-use property has been owned by the same family for generations. The building was very recently demolished leaving this approximately 2,525 SF lot, with RT-4 Zoning, ready for a new owner to come in and develop a building in an ever-growing market. RT-4 Zoning permits the construction of two-flats, townhouses, low-density apartment buildings, and single-family homes. An investor has an extremely rare opportunity to acquire a parcel of land in an area that has undergone tremendous growth and development.

Listed By: Ryan Blake