2221 W Oakdale Avenue

Chicago,IL 60618

$ 6500000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Land

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 12007251

Annual Tax Amount $48,059

Tax Year 2023

Lot Size 1.840 Acres

Lot Dimensions 300X160

Property Description

2221-2235 West Oakdale Avenue located in Chicago's well-located north side Roscoe Village neighborhood. This unprecedented +80,000 SF Roscoe Village development site with nearly 300' of Chicago River frontage and 160' of Oakdale Avenue frontage allows for endless development potential. The site's zoning, PD 1127, now sunsetted, was approved for residential development. Developers now have the opportunity to present new development plans for the site. Potential property incentives include Enterprise Zone, Addison South TIF District, Opportunity Investment Fund Area, Opportunity Area, Justice 40 Area and within ARO boundaries. The site is also included in the Chicago River Corridor Development Plan, which is the framework for the revitalization of the Chicago River. 2221-2235 West Oakdale Avenue's prominent location is convenient to CTA and Metra mass transit as well as the I-90/94 expressway, and highways. It is easily accessible to surrounding neighborhood sub-markets including Lincoln Park, Lakeview, Bucktown, Irving Park, Logan Square, Avondale and Wicker Park. The property's prime Roscoe Village location is in close proximity to Costco, Midtown Athletic Club, Chick-Fil-A, Panera, The Home Depot, Target, Menards, Aldi, Jewel-Osco and an abundance of national retailers.

Location

State IL

County Cook

Zoning INDUS

Interior

Fireplace N

Exterior

Utilities Available Unknown (verify)

View Y/N true

Schools

School District 130,130,130

Others

Ownership Fee Simple

Special Listing Condition List Broker Must Accompany

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