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Monika Mariak

monika@boutiquehomerealty.com +1(708) 495-0209

Listed by Rafay Qamarof Real Broker LLC

$550,000

Est. payment - /mo

12 Beds

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Two to Four Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12594302

Bedrooms 12

Year Built 1894

Annual Tax Amount $11,695

Tax Year 2024

Lot Dimensions 42.5 X 177.25

Property Sub-Type Two to Four Units

Property Description

Prime Washington Park development opportunity offering scale, flexibility, and park-front exposure. Zoned RM-5, this property features an approximately 8,000 sq ft main building plus a coach house with three on-site garage spaces, presenting potential for 6-9 residential units (buyer to verify). The main building is fully gutted and ready for redevelopment, with bright garden-level units and first-, second-, and third-floor units overlooking Washington Park-a strong draw for future tenants. Architectural plans for a 6-unit configuration are available, and the seller is willing to share plans with qualified buyers. Surrounded by ongoing new construction and redevelopment, this is an excellent opportunity for developers or investors seeking a value-add or repositioning project in a growing corridor with convenient access to transportation and neighborhood amenities. Sold as-is.

Location

State IL

County Cook

Community Sidewalks, Street Lights

Zoning MULTI

Rooms

Basement Unfinished, Full

Interior

Heating None

Fireplace N

Exterior

Garage Spaces 3.0

View Y/N true

Roof Type Asphalt

Building

Foundation Stone

Sewer Public Sewer

Water Public

Structure Type Brick

New Construction false

Schools

School District 299, 299, 299

Others

Ownership Fee Simple

Special Listing Condition None

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Monika Mariak

+1(708) 495-0209

Agent Illinois: 475.168150Indiana: RB18001616Florida: SL3515087

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5930 S King DR Chicago, IL 60637

Monika Mariak

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

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5930 S King DR