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Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 12778649
Annual Tax Amount $2,374
Tax Year 2025
Lot Dimensions 50x125
Property Sub-Type Land
Property Description
Prime development opportunity on W Addison Street! Cleared and vacant 50' x 125' lot totaling approximately 6,250 SF, offering 50 feet of frontage on Addison Street with rear alley access. The property consists of two lots (Lots 8 and 9) and is ready for redevelopment. Currently zoned B3-1 Community Shopping District, providing opportunities for commercial, mixed-use, or other development permitted under the existing zoning. The former improvements, which included three storefronts, a single-family residence, and garage, have been completely demolished, providing a clean slate for a developer, investor, or owner-user. Excellent Addison Street exposure in an established Northwest Side location. Bring your plans and take advantage of this unique redevelopment opportunity. Buyer is responsible for conducting their own zoning due diligence and verifying all permitted uses, development potential, utilities, lot dimensions, and building requirements with the City of Chicago.
Location
State IL
County Cook
Area Chi - Dunning
Rooms
Basement None
Interior
Fireplace N
Laundry None
Exterior
Utilities Available None
Building
Dwelling Type Land
Schools
School District 299 , 299, 299
Others
Ownership Fee Simple
Special Listing Condition None
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Listed by Benyamin Lalez of Compass
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