Another excellent development opportunity in Lakeview. Frame 3-unit building on a full size lot (24'X125') with R-3.5 zoning. Take advantage of this prime project for renovation or tear down. Perfect location right off the Southport corridor. Just steps to Brown Line stop, Lakeview Low Line, trendy shops, restaurants, and walking distance to Whole Foods, Wrigley Field, and numerous conveniences. All 3 units are occupied: 1st floor has a tenant with lease expiration of 3-31-2025, 2nd & 3rd floors are owner occupied. Building will be vacant at closing. Preferred possession date is approx. June 19 2025 with flexible closing date in May-June. Building to be sold in "As-Is" condition without seller obligation for repairs. Additional Info: Owner pays all utilities (gas, electric, water, sewer) but there are 3 electric panels & 3 gas meters. The 1st and 2nd floor units share 1 GFA furnace & 1 Central Air Compressor. 3rd floor has separate heat & window unit A/C. See attached gas/energy costs. Common laundry room on 1st floor back porch with 1 set of W/D. Crawl space is approximately 2'-3' tall with insulated pipes. 2-car frame garage.

Listing Courtesy of MRED as distributed by MLS Grid of Berkshire Hathaway HomeServices Chicago



Based on information submitted to the MLS GRID as of 2025-03-29 05:31 AM UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last checked: 2025-03-29 05:31 AM UTC
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