3416-44 W Lake Street Active

Chicago,IL 60624

$ 0

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12350040

Annual Tax Amount $2,483

Tax Year 2023

Lot Dimensions 195X98

Property Sub-Type Land

Property Description

3416-44 W. Lake Street is a 19,200 SF development site available for sale at auction. This site is comprised of 8 contiguous lots and is situated near the corner of Lake Street and Homan Avenue. With substantial frontage along Lake Street, this development site offers significant visibility in an area that continues to experience steady commercial and residential growth. Zoned M1-3 for flexible use, this site is ideal for light industrial, commercial and business park development. This zoning classification supports a wide range of permitted uses including light manufacturing, warehousing, distribution, research and development and showroom or office spaces. The zoning and location combined make this a great opportunity for an investor or developer. The site's proximity to major thoroughfares, public transit (including the CTA Green Line) and ongoing neighborhood revitalization efforts further enhance its long-term value potential. Garfield Park has become a desirable location for many businesses including boutiques, restaurants and bars. With increasing gentrification, the area is attracting a diverse group of entrepreneurs.

Location

State IL

County Cook

Interior

Fireplace N

Exterior

Utilities Available None

View Y/N true

Schools

School District 299,299,299

Others

Ownership Fee Simple

Special Listing Condition None

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