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2650-2662 W Madison Street
Chicago IL 60612 US

$599,000

Active Under Contract Listing ID 11183952
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Lot: 0.28 Acres
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Other

$599,000

Active Under Contract Listing ID 11183952
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2650-2662 W Madison Street 100 feet of frontage on Madison. Lot Total dimensions are 100 by 125. Quick Zoning Metrics: 31 dwelling units or 25 dwelling units + 8 studios. 37, 500 Buildable SF. 65' height with ground floor commercial. 60' height with no ground floor commercial. You need a special use for ground-floor residential. The property qualifies for TOD bonuses but you need to do a zoning amendment to obtain them (and thus trigger affordable). Under a TOD rezoning, you can get: 41 dwelling units or 33 dwelling units + 12 studios. 50, 000 Buildable SF. 75' with ground floor commercial. 70' with no ground floor commercial

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Property Features

  • Facts
  • Lot Size: 0.28 Acres
  • Property Type: Land
  • Property Sub-type: Other

Property

  • propertytype: Land
  • propertysubtype: Other
  • listprice: 599000
  • unparsedaddress: 2650-2662 W Madison Street
  • postalcity: Chicago
  • stateorprovince: IL
  • country: US
  • postalcode: 60612
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.28
  • lotsizeunits: Acres
  • lotsizearea: 0.28
  • livingareaunits: Square Feet
  • listagentfullname: Mitir Patel
  • listagentemail: mitirpatel@gmail.com;mitirpatel@dreamtown.com
  • listagentkey: 3yd-MREDIL-867064
  • listagentmlsid: 867064
  • listagentpreferredphone: 3122658000
  • listagentofficephone: 3122658000
  • listofficekey: 3yd-MREDIL-84729
  • listofficemlsid: 84729
  • disclaimer: Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MREDIL
  • listingcontractdate: 2021-08-09
  • listagenturl: http://www.dreamtown.com
  • countyorparish: Cook
  • parcelnumber: 16124260220000
  • elementaryschooldistrict: 299
  • middleorjuniorschooldistrict: 299
  • highschooldistrict: 299
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • architecturalstyle: Other
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: False
  • internetconsumercommentyn: False
  • customfields: {"AlternatePrices":[], "Expenses":[], "ListPriceCurrencyType":"USD", "ListingURL":"https://listings.listhub.net/pages/MREDIL/11183952/?channel=rexren", "LeadRoutingEmail":"chat@dreamtown.com", "BrokerName":"Dream Town Realty", "ListingTitle":"Land - Chicago, IL", "ListOfficeBrokerMlsId":null, "ListOfficeEmail":"info@dreamtown.com", "ListOfficeAddress1":"4553 N. Lincoln Ave", "ListOfficeAddress2":null, "ListOfficeCity":"Chicago", "ListOfficePostalCode":"60625", "ListOfficeStateOrProvince":"IL", "ListOfficeCountry":"US", "BuilderPhone":null, "BuilderFax":null, "BuilderEmail":null, "UnparsedAddress":null, "UnitNumber":null, "City":null, "StateOrProvince":null, "PostalCode":null, "Country":null, "ListBrokerageName":"Dream Town Realty", "ListBrokeragePhone":"312.265.8000", "ListBrokerageEmail":"info@dreamtown.com", "ListBrokerageWebsiteUrl":"http://www.dreamtown.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/MREDIL/8c9eb0811dae11e08ce200219b994c72/20120626154610131.png", "ListBrokerageUnparsedAddress":"1950 North Sedgwick", "ListBrokerageUnitNumber":null, "ListBrokerageCity":"Chicago", "ListBrokerageStateOrProvince":"IL", "ListBrokeragePostalCode":"60614", "ListBrokerageCountry":"US", "RoomCount":null, "GeocodeOptions":null, "MLSModificationTimestamp":"2024-03-26T16:45:02Z", "Neighborhoods":[{"Name":"CHI - East Garfield Park", "Description":null}], "Taxes":[{"TaxYear":"2021", "TaxAnnualAmount":1637.9, "TaxDescription":null}]}
Listing Changed: 3/26/2024 10:07:14 PM GMT
Source Updated Date: 5/18/2024 6:49:54 AM GMT

Courtesy of: Mitir Patel, Dream Town Real Estate, mitirpatel@gmail.com;mitirpatel@dreamtown.com

Copyright © 2024 Midwest Real Estate Data, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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