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UPDATED:
11/07/2024 06:07 AM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 11985708
Year Built 1900
Annual Tax Amount $3,206
Tax Year 2022
Lot Dimensions 8929 SQ FT
Property Description
This address 312, and 314 are sold together and zoned B3-2, this site stands as a prime candidate for a dynamic Mixed-Use development project. Situated in the heart of Greater Grand Crossing, this property enjoys exceptional visibility and accessibility, primed for a development that aligns with the area's growing demand. 310 W 75th, a former retail shop, and 312 W 75th, previously home to a BBQ restaurant and a longstanding barbershop, offer a wealth of possibilities. Nestled behind the commercial storefronts, 314 W 75th presents a solid brick, two-unit Multi-Family building. The first floor features a comfortable 1 bedroom, 1 bath layout, while the second floor offers a spacious 2 bedroom, 1 bath unit complete with an attic. For seasoned Real Estate Developers, this property qualifies for the coveted SBIF Grant, along with other City-led initiatives, providing a compelling financial edge to the project. Bring in your Contractor, as this property invites an extensive renovation to unlock its full potential and capitalize on this remarkable investment. Don't let this get away. Call today!!!
Location
State IL
County Cook
Zoning COMMR
Interior
Cooling None
Fireplace N
Exterior
View Y/N true
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Listed by Shirley Rucker • Coldwell Banker Realty