528 West Wellington St., Chicago, IL 60657

Description

Rare opportunity to acquire a property on one of chicago's premier streets. The current use is a fully operational 18-unit apartment building, built-in 1964. The true value of the property is in the land. Lot size of 65 by 166 and zoning of rm-6 allows for 47,476 buildable footage based on an far of 4.4x. Hold for cash flow while obtaining plans for redevelopment during market recovery.

Exterior Details

  • Lot Size
    Approximately Oversized Chicago Lot

Additional Details

Tax Amount: $26,924
Tax Year: 2007

School

  • Elementary
    299
  • Jr High
    299
  • High School
    299

Utilites

  • Water
    City

Contact Info

Agent: Matthew Katsaros

Jameson Real Estate

P (888) 758-4258

View Our Website

View Our Listings

Easy Link To This Page

$2,590,000

528 West Wellington St.
Chicago, IL 60657

Raw Land

ID#: 07322181

Save this Property
E-mail this Listing
Get Driving Directions
Print Flyer

Real Estate Market Info

Median Home Sale Price
$355,000
Annual Turnover Rate
28.25%
In current residence 5+ years
17.45%
Median years in residence
2.14
Homes Owned
35.47%
Homes Rented
54.72%
Homes Vacant
9.82%

*Based on zipcode 60657

Market Info is provided by Onboard Informatics.
Copyright © 2009 Onboard Informatics.
Information is deemed reliable but not guaranteed.

Jameson Real Estate

Jameson Real Estate

P(888) 758-4258

View Our Website

View Our Listings