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2001 S Indiana Avenue,  Chicago IL, 60616

(Active)
$2,000,000
|
|
MLS# 09767240
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Last Updated: 10/19/2017 1:57 AM
Description for 2001 S Indiana Avenue Chicago, IL 60616
Incredible opportunity to acquire a prime development parcel in Chicago's vibrant South Loop/McCormick Square area. Located within steps to the new DePaul//Wintrust Arena, this approx. 8220 SF site sits in one of Chicago's hottest areas for new development. DX-5 zoning will allow for a building over 41,000 SF to be constructed, without any zoning relief. Zoning bonuses could afford a much larger structure. There is also additional FAR that can be purchased from the neighboring property. The site has potential for residential, mixed-use, hotel/hospitality, office, or small retail/restaurant development. One of the best locations in Chicago.
Price
$2,000,000
Cook
09767240
Active
Description
Incredible opportunity to acquire a prime development parcel in Chicago's vibrant South Loop/McCormick Square area. Located within steps to the new DePaul//Wintrust Arena, this approx. 8220 SF site sits in one of Chicago's hottest areas for new development. DX-5 zoning will allow for a building over 41,000 SF to be constructed, without any zoning relief. Zoning bonuses could afford a much larger structure. There is also additional FAR that can be purchased from the neighboring property. The site has potential for residential, mixed-use, hotel/hospitality, office, or small retail/restaurant development. One of the best locations in Chicago.
Listing Information
Property Type: Land
0.19 Acres
Electric To Site, Gas To Site, Sanitary Sewer To Site, Water To Site
Neighborhood
Room Information
Interior Features
3
Exterior / Lot Features
66'X100'X66'X100'
Corner, City Road, Asphalt
Driving Directions
SE corner of Indiana Ave and Cullerton St
Financial Considerations
17223140280000
$4,233
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60616 has a population of 2,720,546.

The median household income in Chicago, Illinois 60616 is $47,831. The median household income for the surrounding county is $54,828 compared to the national median of $53,482. The median age of people living in Chicago 60616 is 33.4 years.

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Courtesy: Wayne Caplan - Sperry Van Ness
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