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3353 W Division Street,  Chicago IL, 60651

(Active)
$499,000
|
|
MLS# 12018545
Last Updated: 5/15/2024 6:55 AM
Description for 3353 W Division Street Chicago, IL 60651
Welcome to an exceptional development opportunity located at the southeast corner of Division & Kimball. This prime site, measuring 48x111, presents the perfect canvas for a lucrative real estate venture. Proposed is a center entrance 6-unit condominium building, promising an attractive finished gross sale projection of $2,000,000. This project offers the potential for substantial returns on investment. Furthermore, environmental concerns have been addressed, with underground storage tanks responsibly removed in 1999. Removal reports are available upon request, ensuring transparency and compliance with regulations. Currently occupying the premises is a auto repair shop featuring 5 bays, a lobby, and a half bath. It is important to note that the property is tenant-occupied on a month-to-month basis, and therefore, discretion is advised to not disturb the tenant
Price
$499,000
Cook
12018545
Active
Description
Welcome to an exceptional development opportunity located at the southeast corner of Division & Kimball. This prime site, measuring 48x111, presents the perfect canvas for a lucrative real estate venture. Proposed is a center entrance 6-unit condominium building, promising an attractive finished gross sale projection of $2,000,000. This project offers the potential for substantial returns on investment. Furthermore, environmental concerns have been addressed, with underground storage tanks responsibly removed in 1999. Removal reports are available upon request, ensuring transparency and compliance with regulations. Currently occupying the premises is a auto repair shop featuring 5 bays, a lobby, and a half bath. It is important to note that the property is tenant-occupied on a month-to-month basis, and therefore, discretion is advised to not disturb the tenant
Listing Information
Property Type: Business Opportunities, 1 Story
1930 1
West Chicago//
Neighborhood
Room Information
Interior Features
Central Air
Exterior / Lot Features
48X111
MULTI
Driving Directions
Go To Kimball & Division
Financial Considerations
16024080020000
$912
Listing Price History

Chicago Real Estate

Chicago is located in Illinois. Chicago, Illinois 60651 has a population of 2,781,445.

The median household income in Chicago, Illinois 60651 is $41,100. The median household income for the surrounding county is $68,916 compared to the national median of $66,222. The median age of people living in Chicago 60651 is 38 years.

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Courtesy: Berkshire Hathaway HomeServices Chicago
Listings courtesy of MRED as distributed by MLS GRID

Based on information submitted to the MLS GRID as of 5/15/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

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This content last refreshed on 5/15/2024 6:55 AM CST. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Information is deemed reliable but is not guaranteed.

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